US EditionFacebook owner hit with 251 million euros in fines for 2018 data breach
- Meta was fined 251 million euros for a 2018 Facebook data breach affecting 29 million users, as stated by the lead European Union data privacy regulator.
- About 3 million of the affected Facebook accounts were based in the EU and European Economic Area, according to the report.
- Meta plans to appeal the decision and claims to have measures in place to protect users, as mentioned in their statement.
- The breach exposed profile information, posing serious risks to user data and individual rights, according to the enforcement action.
158 Articles
158 Articles
Troubled Times for Meta As Company Fined $264M For 2018 Privacy Breach and $50M For Enabling Cambridge Analytica Scandal
In 2018, 29M users on Facebook were impacted by a massive security breach that put their personal data at risk. Several years later, the company is finally being penalized by the Irish DPC with a 251M Euros fine as it feels the tech giant did not do enough to ensure users’ security on the platform. Meta was slammed for not providing protection against cyberattacks where criminals exploited a vulnerability inside FB’s code. This sort of exploit e…
The European Union fined Meta for a serious mistake that allowed the hacking of millions of accounts
The Irish Data Protection Commission (DPC ) , acting on behalf of the European Union , announced on Tuesday a fine of 251 million euros to Meta , for a failure in data protection on Facebook that facilitated the hacking of millions of accounts. The platform’s security gap took place due to a vulnerability in the Facebook code , which allowed cybercriminals to take advantage of the “See How” function that allows users to observe their profile fro…
After a six-year investigation, the Irish data protection authority has fined Meta for a data leak. The Facebook parent company must pay 251 million euros, the Data Protection Commission (DPC) announced on Tuesday. Meta had reportedly informed the DPC at the time of a data leak that affected 29 million Facebook users worldwide and three million in the EU. Attackers had access to personal data such as user names, email addresses, telephone number…
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