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Meta Faces $100 Million Fine For Storing User Passwords
Meta hit with $102 million privacy fine from European Union over 2019 password security lapse
Meta was punished with a 91 million euro fine from the social media giant’s European Union privacy regulator over a security lapse involving passwords for Facebook users
Europe fines Meta $106 million for storing user passwords in plaintext
Following a lengthy investigation, Meta has been fined €91 million (nearly $106 million) by the Irish Data Protection Commissioner (DPC) for storing certain Facebook user passwords
Meta Fined €91 Million for Storing Millions of Facebook and Instagram Passwords in Plaintext
The Irish Data Protection Commission (DPC) has fined Meta €91 million ($101.56 million) as part of a probe into a security lapse in March 2019, when the company disclosed that it had mistakenly stored users' passwords in plaintext in its systems.
Regtechtimes on MSN
19h
Meta Faces €91 Million Fine from Ireland Over GDPR Violation
In a significant regulatory move, Ireland’s Data Protection Commission (DPC) fined Meta, the parent company of Facebook and ...
11d
on MSN
Meta to European Union: Your Tech Rules Threaten to Squelch the AI Boom
The Facebook parent and other companies are warning in an open letter that the regulations risk hampering innovation and ...
6d
Meta Will Not Immediately Join EU's AI Pact Ahead of New Law
(Reuters) - Meta Platforms will not immediately join the European Union's AI Pact, a company spokesperson said on Tuesday.
3h
Meta CEO Mark Zuckerberg enters the elite $200 billion club, becomes world's fourth-richest person
California/IBNS: Meta CEO Mark Zuckerberg has officially entered the elite $200 billion net worth club, marking a major ...
The Express Tribune
2d
Tech giants Apple and Meta refuse to sign EU’s new AI safety pact
Apple and Meta have chosen not to sign the European Union’s new AI safety pact, even as they continue to navigate regulatory ...
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