Meta hit with record-breaking $1.3 billion fine over Facebook data transfers

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Meta hit with record-breaking $1.3 billion fine over Facebook data transfers
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Meta hit with record-breaking $1.3 billion fine in Europe for Facebook user data privacy violations - here's what you need to know.

The EU worries that the Facebook data transfers in question expose its citizens to privacy violations and violate GDPR. The data transfers were protected by a US-EU pact called the Privacy Shield. But the EU’s top courts found that the pact did not actually shield EU citizens. US surveillance programs could still collect data.Austrian lawyer Max Schrems started this legal battle against Facebook in 2013 when the world discovered the Snowden revelations.

Meta, of course, is in a position where it can afford to pay such hefty privacy fines. “A billion-euro parking ticket is of no consequence to a company that earns many more billions by parking illegally,” Johnny Ryan

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