Meta hit with record 1.3 billion USD fine over data transfers
(VOVWORLD) - Meta was hit with a record 1.3 billion USD fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users' data to the United States.
 A 3D printed Facebook's new rebrand logo Meta and Facebook logo are placed on laptop keyboard in this illustration taken on November 2, 2021. (Photo: REUTERS/Dado Ruvic) |
The fine, imposed by Ireland's Data Protection Commissioner (DPC), came after Meta continued to transfer data beyond a 2020 EU court ruling that invalidated an EU-US data transfer pact.
Meta said in a statement that it will appeal the ruling, including the "unjustified and unnecessary fine that "sets a dangerous precedent for countless other companies." It will also seek a stay of the suspension orders through the courts.
The social media giant reiterated that it expected a new pact facilitating the safe transfer of EU citizens' personal data to the United States would be fully implemented before it has to suspend transfers.