This ruling represents a seismic shift in how tech companies may be held accountable for data protection failures. On monday, meta platforms (meta) (formerly known as facebook) was hit with fines amounting to 251 million euros ($264 million) by the european union's privacy watchdogs following an investigation. Meta’s facebook was fined €265 million in november 2022 for a data scraping leak from three years earlier that exposed hundreds of millions of user records
Irish Data Protection Commission fines Meta Ireland €91 million | 27/09/2024 | Data Protection