Meta* The European Union imposed a record fine of $1.3 billion for non-compliance with the EU General Data Protection Regulation (GDPR) and transfer of user data from EU citizens to the USA without adequate safeguards against access by local authorities. The company was also ordered to stop sending data. The EU believes this puts citizens at risk of data breaches.
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The ruling was issued by the Irish Data Protection Commission (DPC), which found that the current legal framework for transferring data to the US “does not eliminate risks to fundamental rights and freedoms» Facebook users* Weight. The fine exceeds the previous record of €746 million imposed by the European Union on Amazon in 2021 for similar data breaches. Data transfer to the US is vital to Meta’s extensive activities* for targeted advertising based on the processing of numerous streams of users’ personal data. Meta last year* said she was considering shutting down Facebook* and Instagram* to the EU if it is not possible to send data back to the USA. This warning from EU politicians was seen as a clear threat. “Meta* We cannot blackmail the European Union into abandoning its data protection standards‘ said EU legislator Axel Voss.
Until now, such data transfers have been protected by a transatlantic agreement called “Privacy Shield”. In 2020, however, that contract was annulled after the EU’s highest court found it did not provide adequate protection for EU citizens’ data. Although meta* Now that the company has received a data ban, there are a number of caveats in favor of the American social media giant. First, the ruling only applies to Facebook data.* and does not affect Instagram* and whatsapp. Second, there is a five-month period before Meta* must stop data transmission, which expires on October 22nd. Finally, the EU and the USA are currently negotiating a new data transfer policy, which could be concluded as early as the summer.
Despite the record fine, experts have expressed doubt that it will change anything fundamental about Meta’s privacy practices.*. “A multi-billion dollar parking fine makes no difference to a company that earns well over billions from illegal parking‘ said Johnny Ryan, Senior Fellow at the Irish Civil Liberties Council, in interview The guard.
* It is included in the list of public associations and religious organizations for which the court made a final decision to liquidate or ban activities on the grounds provided for in Federal Law No. 114-FZ of July 25, 2002 “On Combating Extremists”. has met activity”.
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