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The Data Protection Commission (DPC) of Ireland has fined Meta, the parent company of Facebook, 263 million dollars or about 3,156 crore taka (based on the exchange rate of 120 taka per dollar). Meta, one of the European regulatory bodies, has fined this huge amount of money after hackers exploited Facebook’s flaws in 2018 to steal the information of about 29 million users.

The DPC’s investigation said that Facebook’s parent company Meta has violated the European Union’s General Data Protection Regulation (GDPR) law on data protection multiple times. For this reason, after a long investigation, the company has not only been fined financially, but also formally reprimanded and asked to take stricter action in the future.

In September 2018, a flaw appeared in the code of Facebook’s ‘View As’ feature. Using this flaw, hackers stole access tokens from Facebook accounts and stole personal information and photos from 29 million user accounts, of which 3 million were in different European countries. And so the Data Protection Commission of Ireland has launched an investigation against Meta for violating the European Union’s General Data Protection Regulation law.

The European Union’s General Data Protection Regulation is basically a data protection law. It strengthens users’ control over personal information and forces organizations to adopt strict security measures. Since Meta’s headquarters in Europe are located in Ireland, the country’s Data Protection Commission monitors and regulates Meta’s activities in the European Union.

Source: Times of India

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