Facebook ordered to pay €1.2 billion fine and stop storing EU user data in US
The Irish Data Protection Commission (DPC) has ordered Facebook to pay a fine of €1.2 billion (about $1.3 billion) for violating the General Data Protection Regulation (GDPR).
The DPC found that Facebook had not complied with the GDPR by transferring personal data of European Union users to the United States without adequate safeguards in place.
Facebook has said that it will appeal the decision.
The fine is the largest ever imposed under the GDPR.
The GDPR is a data protection law that was adopted by the European Union in 2016.
The law gives individuals more control over their personal data and requires companies to be more transparent about how they collect and use data.
The DPC is the lead supervisory authority for Facebook in the European Union.
The DPC's decision is a significant victory for privacy advocates.
It sends a message to companies that they must comply with the GDPR or face stiff penalties.
The decision is also likely to have a chilling effect on the transfer of personal data between the European Union and the United States.
In addition to the fine, the DPC has also ordered Facebook to stop storing EU user data in the US within six months. This is a significant step, as it could force Facebook to change the way it operates in the European Union.
The DPC's decision is a major blow to Facebook, and it is likely to have far-reaching implications for the company's business. It is also a significant victory for privacy advocates, who have long argued that Facebook's data collection practices are illegal.
The DPC's decision is likely to be appealed by Facebook, and it is unclear what the outcome of the appeal will be. However, the decision is a clear sign that the European Union is serious about protecting the privacy of its citizens.
source: arstechnica
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