Meta is confronted with a historic fine of EUR 1.2 billion by the EU due to the transfer of user data to the US. - Review Minute

Meta is confronted with a historic fine of EUR 1.2 billion by the EU due to the transfer of user data to the US

Meta, the parent company of Facebook, has been fined a record EUR 1.2 billion (approximately Rs. 10,750 crore)

The Irish Data Protection Commission (DPC) has been investigating Meta Ireland's data transfers since 2020 and found that Meta failed to address the risks to data subjects

Meta intends to appeal the decision, stating that they were singled out and believe the ruling is flawed, unjustified, and sets a concerning precedent