Ireland’s data privacy regulator fined Facebook 265 million euros ($277 million). This brings the total amount of money it has fined Facebook’s parent company, Meta, to almost 1 billion euros.

The fine was the result of an investigation that started in April 2021 after it was found that a group of Facebook users’ personal information had been put online. Facebook was also told to take a number of steps to fix things.

Monday’s fine is the fourth one that Meta’s companies have gotten from Ireland’s Data Privacy Commissioner (DPC). It is the EU’s main privacy watchdog for Meta, and it has 13 more questions about the social media group to answer.

In September, Instagram’s parent company, Meta, was hit with a record fine of 405 million euros by the watchdog. Meta plans to appeal this decision.

Apple, Google, Tiktok, and other tech giants like them are regulated by the DPC because their EU headquarters are in Ireland. It is looking into 40 of these kinds of companies right now, 13 of which are Meta.

In a statement, the Irish regulator said that other relevant EU regulators agreed with the decision made on Monday. Last month, it sent them a draft ruling as part of the EU’s “one-stop shop” system for regulating large multinational companies

https://altcoin.ng/facebook-fined-265-million-euros-in-ireland-for-privacy-breach/

Where justice prevails.

Facebook cannot pay for its atrocity in Nigeria.

Just help the corrupt govt to rig election and trace EndSARS sponsors, the govt will back your atrocity on the citizen. The citizens are the currency the govt uses to pay for goods and services.