Meta hit with record $1.3 bln fine over data transfers2023-05-22 17:50 by DanielaTags: Meta
Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S. The Irish Data Protection Commission (DPC), which acts on behalf of the European Union, has been investigating Meta's transfer of personal data from the EU to the US since 2020. Meta used a mechanism called standard contractual clauses to transfer personal data in and out of the EU. This was not blocked by any court of the EU. The Irish data watchdog said that the clauses were adopted by the European Commission, the EU's executive arm, in conjunction with other measures implemented by Meta. However, the regulator said these arrangements "did not address the risks to the fundamental rights and freedoms of data subjects that were identified" by the European Court of Justice. "Facebook has millions of users in Europe, so the volume of personal data transferred is massive," Andrea Jelinek, chair of the EDPB, said in a statement. "The unprecedented fine is a strong signal to organizations that serious infringements have far-reaching consequences." Facebook president Nick Clegg said: "We are therefore disappointed to have been singled out when using the same legal mechanism as thousands of other companies looking to provide services in Europe."This decision is flawed, unjustified and sets a dangerous precedent for the countless other companies transferring data between the EU and US." Read more -here-
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