Facebook Parent Meta Hit With Record Fine for Transferring European User Data to US
The European Union slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic.
Stay updated with breaking news from Facebook Agrees. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The European Union slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic.
BankInfoSecurity May 5, 2021 DougOlenick) • April 5, 2021 Get Permission The revelation that 533 million previously stolen Facebook account records have been made public on a darknet forum should inspire organizations to take aggressive action to further protect customer data security, some security experts say. Although the data posted on the forum is several years old, it still poses risks because so much of it, including telephone numbers, is likely still valid, says Lorrie Cranor, director of the Cylab Se...