By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Meta hit with €91 million fine for lax password safety 
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Meta hit with €91 million fine for lax password safety 
Business

Meta hit with €91 million fine for lax password safety 

By admin 2 Min Read
Share
SHARE

Big tech company Meta is ordered to pay a €91m data protection fine for not having enough user password protection in place, the Irish data watchdog said.

US tech giant Meta has been hit with a €91m fine by the Irish data protection authority for failing to protect users’ passwords, the privacy watchdog announced today (27 September).

The investigation was launched in April 2019, after Meta notified the Irish authority that it had inadvertently stored certain passwords of social media users in ‘plaintext’ – meaning without encryption – on its internal systems. 

The EU’s General Data Protection Regulation (GDPR), requires companies to implement appropriate security measures when processing personal data.

“It is widely accepted that user passwords should not be stored in plaintext, considering the risks of abuse that arise from persons accessing such data. It must be borne in mind that the passwords the subject of consideration in this case, are particularly sensitive, as they would enable access to users’ social media accounts,” Deputy Commissioner at the Irish DPC, Graham Doyle, said in a statement.

The Irish regulator submitted a draft decision to the other EU national supervisory authorities in June 2024, as required under the EU’s data protection rules. No objections to the height of the penalty were raised.

It’s not the first GDPR fine for Meta. In 2023, the company was hit with a record €1.2 billion fine by the Irish regulator for “continuing to transfer personal data” of users from the European Economic Area to the US after the EU’s highest court invalidated an EU-to-US data transfer agreement due to surveillance concerns.

In 2022, Meta was fined €265m after data of more than 533 million users was found dumped online.

You Might Also Like

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

White House warned staff against betting on futures markets amid Iran war, official says

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

TReDS tweak to ease MSME credit flow amid global pressure

1 FTSE 250 stock I like and 1 I’ll avoid after the stock market correction

TAGGED: Business News
Share This Article
Facebook Twitter Copy Link
Previous Article Using towels to stop a storm surge -Floridians inundated by Hurricane Helene
Next Article Judge rules Tornado Cash co-founder will face trial for money laundering
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?