Meta hit with record $1.3 billion fine by EU over handling of users’ personal data

London – Meta was fined the equal of a report $1.3 billion by the European Union on Monday for its switch of customers’ private knowledge from Europe to america.

Andrea Jelinek, chair of the European Knowledge Safety Board (EDPB), stated Meta’s infringement was “very critical because it issues transfers which are systematic, repetitive and steady.”

“Fb has thousands and thousands of customers in Europe, so the amount of private knowledge transferred is very large,” Jelinek stated in a press release. “The unprecedented positive is a robust sign to organizations that critical infringements have far-reaching penalties.”

Meta was additionally ordered to carry its knowledge transfers into compliance with European privateness legislation. It was given 5 months to cease transferring EU customers’ knowledge to america and 6 months to cease storing European residents’ private knowledge within the U.S. that had beforehand been transferred in violation of EU privateness laws, the Monetary Instances newspaper reported.

The tech large stated it will attraction the ruling and argued there was a problematic conflict between U.S. and European privateness laws.

“With out the flexibility to switch knowledge throughout borders, the web dangers being carved up into nationwide and regional silos, limiting the worldwide economic system and leaving residents in several nations unable to entry lots of the shared providers we now have come to depend on,” Meta stated in a press release.

The last decade-long battle over the place Fb knowledge is saved started after the disclosures of former Nationwide Safety Company contractor Edward Snowden prompted an Austrian privateness campaigner to carry a authorized problem over doable U.S. intelligence gathering in Europe, the Reuters information company reported.

Final month, Meta stated that it anticipated a brand new settlement over EU-US knowledge transfers to come back into impact earlier than it has to droop them, Reuters reported.

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