Meta fined $101.5M for 2019 breach that exposed hundreds of millions of Facebook passwords
Meta has been fined €91 million by Ireland's DPC for a 2019 Facebook security breach after a lengthy investigation.
MAIN POINTS
- Ireland's DPC fined Meta €91 million for a 2019 security breach.
- The investigation into the breach took multiple years to conclude.
- The fine is equivalent to approximately $101.5 million.
TAKEAWAYS
- Meta faces ongoing regulatory challenges related to privacy in Europe.
- Significant financial penalties are being enforced for privacy violations.
- Long-term investigations can lead to substantial fines for tech companies.