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Due to information leakage: a fine of 265 million euros for Facebook in the European Union - voila! technology

2022-11-29T09:03:53.062Z

Following a data leak, the social network was fined a whopping 265 million euros. The financial sanction brings the fines received by Meta from the supervisory bodies in Europe to almost one billion euros



Meta (Photo: Reuters)

Ireland's Privacy Protection Commission has fined Meta, Facebook's parent company, €265 million ($275 million) for violating EU privacy laws.

This, after a breach detected in April 2021 led to the leakage of data of about 530 million users on the social network - including email addresses, dates of birth and mobile phone numbers. The new financial penalty brings the fines received by Meta by European supervisory bodies to almost one billion euros



last month .

The authorities in Ireland fined Meta approximately 235 million dollars, for privacy violations related to WhatsApp. The breach that led to the fine resulted in the leakage of personal information of Facebook users from 106 countries, of which 32 million users are from the United States, 11 million from the United Kingdom, 6 million users from India, and about - 4 million users from Israel. At the time, Facebook commented on the publications in the media and said: "This is old information that was already reported in 2019.

We found the leak and took care of it already in August 2019."

Walla!

Connect (Wala!)

At the beginning of the month, Meta announced the layoffs of about 11,000 employees, which make up about 13% of the company's total workforce worldwide.

Meta-Facebook's streamlining process was expected given the decline in its value and the feeling that "something needs to be done" that will be transmitted to investors who are taking steps to improve the company's profitability.

"I take responsibility for these decisions and the place we've reached. I know it's difficult for everyone, and I apologize to those who were hurt," Zuckerberg wrote in a message to employees.

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Source: walla

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