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The European Data Protection Commissioner EDPB has imposed a record fine of 1.2 billion euros on Meta. In addition to the sanction, the company behind Facebook is also
The European Data Protection Commissioner EDPB has imposed a record fine of 1.2 billion euros on Meta. In addition to the sanction, the company behind Facebook is also prohibited from transferring European user data to the USA.
The European Data Protection Board (EDPB) today confirmed the monster fine of 1.2 billion euros for Meta. Meta breaks the record set by Amazon, which had to pay 887 million euros in 2021 for misusing customer data. Meta is fined for violating European rules on transferring personal data to so-called third countries, in this case the United States, without ensuring users’ privacy.
It’s not the first time European courts have ruled US surveillance programs at odds with European rules. “The EDPB has determined that Meta’s violation is very serious, as it involves repeated, systematic and continuous transmissions,” explains President Andrea Jelinek. “Facebook has millions of users in Europe, so the amount of personal data transferred is huge. This fine should send a strong signal.”
The Irish Data Protection Commission (DPC), the body responsible for enforcing the sanction, has not yet commented on the ruling. Already at the beginning of February, Europe indicated that the big tech players were out of the game and that the GDPR would be applied more strictly. Even if the legal power to enforce rests with the Member States. Meta has now experienced this.
meta appeal
Immediately after the verdict, Meta commented in a blog post. In it, Nick Clegg and Jennifer Newstead write that Meta will appeal the verdict. According to TechCrunch, the duo even blamed the conflict between Europe and the US. The ambiguity between the different laws would be the cause of the problem and not one’s privacy practices.
“We are appealing the decision and will immediately seek a stay from the competent courts,” the press release said. “We’re doing this because the damage caused by this ruling is significant, including for the millions of people who use Facebook every day.” Back in April, Meta warned its investors that implementing the law could result in revenue losses of up to 10 percent. “
Source: IT Daily
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