Meta Facing Massive Fine , For Breaching EU's , Data Protection Regulation.
NBC reports that Meta has been hit with a $1.3 billion
fine by privacy regulators in the European Union
over the transfer of users' data to the U.S. .
The regulators have contested several
mechanisms which legally allow Meta to
transfer personal data from the EU to the U.S.
In 2020, the European Court
of Justice struck down the latest
iteration, known as Privacy Shield. .
According to the Irish Data Protection Commission,
Meta has infringed the EU's General Data Protection
Regulation (GDPR) by continuing to transfer data overseas.
According to the Irish Data Protection Commission,
Meta has infringed the EU's General Data Protection
Regulation (GDPR) by continuing to transfer data overseas.
NBC reports that Meta used standard
contractual clauses to transfer personal
data both in and out of the EU.
NBC reports that Meta used standard
contractual clauses to transfer personal
data both in and out of the EU.
According to regulators, these clauses do "not address
the risks to the fundamental rights and freedoms
of data subjects that were identified” in the GDPR.
Meta is now facing the highest fine any
company has faced for breaching the GDPR.
NBC reports that Meta responded by
saying that it would appeal both
the decision and the $1.3 billion fine.
We are appealing these decisions
and will immediately seek a stay with
the courts who can pause the
implementation deadlines, given
the harm that these orders would
cause, including to the millions
of people who use Facebook every day, Nick Clegg, Meta president of global affairs,
and Jennifer Newstead, Meta chief legal office, via NBC.
The news highlights an agreement between the U.S.
and the EU that sets up a framework for cross-border
data transfers that has yet to be put into effect.