Meta has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for transferring the personal data of Facebook’s EU users to servers in the United States, reports CNN.
The European Data Protection Board announced the fine in a statement Monday, saying it followed an inquiry into Facebook (FB) by the Irish Data Protection Commission, the chief regulator overseeing Meta’s operations in Europe.
The fine is the largest ever levied under Europe’s signature data privacy law, known as the General Data Protection Regulation, or GDPR. The previous record of €746 million ($805.7 million) was levied against Amazon (AMZN) in 2021.
Meta has also been ordered to cease the processing of personal data of European users in the United States within six months.
Andrea Jelinek, chair of the European Data Protection Board, said Meta’s infringement is “very serious since it concerns transfers that are systematic, repetitive and continuous.”
Bd-pratidin English/Golam Rosul
