The Irish Data Protection Commission, the lead European Union data privacy regulator for Meta, has imposed a fine of 251 million euros, approximately $263.5 million. This penalty follows two inquiries into a personal data breach reported by Meta Platforms Ireland Limited.
The substantial fine directly impacts Meta's financial results and underscores the stringent data protection standards enforced within the European Union. This action highlights the significant financial consequences of privacy violations.
This regulatory decision adds to the series of penalties Meta has faced from European authorities. It reinforces the critical importance of robust data security and privacy compliance for the company's operations in the region.
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