Technology & Science

Meta Corporation is subject to a large financial fine

Facebook owner Meta has been fined €1.2 billion for mishandling people’s data when it was transferred between Europe and the US.
The fine, issued by the Irish Data Protection Commission, is the largest fine imposed under the EU’s General Data Protection Regulation (GDPR) privacy law.
The General Data Protection Regulation sets out the rules that companies must follow to transfer user data outside the European Union.
Meta says she will appeal the “unwarranted and unnecessary” ruling.
Where the essence of the decision relates to the transfer of data to the United States. These legal contracts, prepared by the European Commission, contain safeguards to ensure that personal data continues to be protected when transferred outside Europe.
But there are concerns that this data flow still exposes Europeans to weaker US privacy laws, and US intelligence could access the data.
Most large companies use complex networks of data transmissions to overseas recipients, which can include email addresses, phone numbers, and financial information.
Meeta says the fine is unfair. This decision is flawed, unjustified and sets a dangerous precedent for countless other companies that transfer data between the EU and the US.”
Former US National Security Agency contractor Edward Snowden revealed in 2013 that US authorities had repeatedly accessed people’s information through companies like Facebook and Google.
The European Court of Justice, Europe’s highest court, has repeatedly said that Washington does not have sufficient oversight to protect Europeans’ information.
And in 2002, the European Court of Justice ruled that the data transfer agreement between the European Union and the United States was invalid.
Asked about the €1.2 billion fine, Schrems said he was “happy to see this decision after 10 years of litigation” but it could have been much higher.
He added, “Unless US surveillance laws are reformed, Meta will have to fundamentally restructure its systems.”
And the US recently updated its internal legal protections to give the EU greater assurance that US intelligence agencies will follow new rules governing access to data.
Amazon was fined for violating EU privacy standards in 2021.
Where the Data Protection Authority in Ireland imposed a fine on the WhatsApp application, which is owned by Meta, on the background of violations related to transparency.

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