The fine imposed by Ireland's Data Protection Commission (DPC), which regulates Meta across the EU, is a record for a breach of the bloc's General Data Protection Regulation (GDPR).
The social network giant's continued data transfers to the US didn't address "the risks to the fundamental rights and freedoms" of people whose data was being transfered across the Atlantic, the Irish Data Protection Commission said on Monday.
On top of the fine, which eclipses a €746 million EU privacy penalty previously doled out to Amazon.com, Meta was given five months to "suspend any future transfer of personal data to the US" and six months to stop "the unlawful processing, including storage, in the US" of transferred personal EU data.
This story is from the May 23, 2023 edition of Business Standard.
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This story is from the May 23, 2023 edition of Business Standard.
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