Monday, October 7, 2024
HomeBusiness and FinanceMeta fined a record $1.3 billion over EU user data transfers to...

Meta fined a record $1.3 billion over EU user data transfers to the U.S.


Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022.

Tayfun Coskun | Anadolu Agency | Getty Images

Meta has been fined a record 1.2 billion euro ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S.

The decision links back to a case brought by Australian privacy campaigner Max Schrems who alleged that the framework for transferring EU citizen data to America did not protect Europeans from U.S. surveillance.

Several mechanisms to legally transfer personal data between the U.S. and the EU have been contested. The latest such iteration, Privacy Shield, was struck down by the European Court of Justice, the EU’s top court, in 2020.

The U.S and EU last year “in principle” agreed to a new framework for cross-border data transfers. However, the new pact has not yet come into effect.

This is a breaking news story. Please check back for more.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments