91 million euros fine against Meta, the parent company of Facebook

91 million euros fine against Meta the parent company of

In Ireland, Meta is fined 91 million euros for endangering the passwords of 36 million European users. The security breach occurred at Facebook in 2019. Irish authorities, who act on behalf of the European Union, criticize the tech giant for a lack of vigilance and responsiveness.

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Meta had stored these passwords “ in plain language “, that is to say without being encrypted. A practice strongly criticized by the Data Protection Commission. But above all, the authorities accuse the company of having delayed too long in alerting them.

Occurring in January 2019, the data leak was not reported until three months later, in March.

The Californian company is not its first sanction.

In Europe, Meta is the worst student when it comes to respecting personal information. Since the entry into force of the European data protection regulation in 2018, the group has received nearly 2.5 billion euros in fines.

He even won the Commission’s record in May 2023: 1.2 billion euros for illegally transferring European data to the United States.

Also readMeta, Facebook’s parent company, receives a record fine in Europe of 1.2 billion euros

The accumulation of these sanctions is far from shaking the tech giant. In the 2nd quarter of 2024, its profit reached 13 and a half billion dollars, up 75% compared to the same period in 2023.

Also readMeta Group to pay $1.4 billion to Texas for illegally using biometric data

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