Meta Faces Record-Breaking €1.2 Billion Fine by EU Over Massive Data Transfer Breach
Another day, another data privacy investigation and another revelation. This time, it's about Meta's GDPR (General Data Protection Regulation) violations. Meta, the parent company of Facebook, faced a groundbreaking move today as it was hit with a staggering €1.2 billion ($1.3 billion) fine by the European Union. This punitive measure came as a result of an intensive investigation by the EU's European Data Protection Board (EDPB) into Meta's questionable practice of transferring the personal data of millions of European citizens to Facebook servers based in the United States. In the press release , the EDPB stated: The EDPB found that Meta IE’s infringement is very serious since it concerns transfers that are systematic, repetitive and continuous. Facebook has millions of users in Europe, so the volume of personal data transferred is massive. The unprecedented fine is a strong signal to organisations that serious infringements have far-reaching consequences.