South Korea's data protection agency has ordered Meta Platforms to pay 21.62 billion won, equivalent to approximately $15.67 million, in fines. The penalty was imposed after the agency determined that Meta collected sensitive user data and shared it with advertisers without a legal basis.
This regulatory action underscores the ongoing global scrutiny Meta faces regarding its data privacy practices. The fine reflects a violation of local data protection regulations in a significant international market.
The imposition of this penalty adds to Meta's cumulative regulatory burden and financial obligations. It reinforces the need for the company to ensure strict compliance with data privacy laws across all its operational regions.
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