In a statement to AFP, Meta acknowledged that some Facebook users’ passwords were “temporarily stored in a readable format in our internal data systems”.”We took immediate action to fix this error, and there is no evidence that these passwords were abused or accessed improperly.
“We proactively flagged this issue to our lead regulator, the Irish Data Protection Commission, and have engaged constructively with them throughout this inquiry”, a Meta spokesperson added.
– Tech crackdown –
Many global tech companies including Google, Apple and Meta, base their European operations in Dublin.
As a result, Ireland’s data protection agency is the lead regulator responsible for holding them to account.
The fine issued Friday, dwarfed by Meta’s multi-billion-dollar earnings, is the latest in a series issued to the US social media giant and its rivals, as global regulators seek to rein in big tech firms over also taxation, competition and disinformation.
Ireland this month launched an investigation in Google’s artificial intelligence development.
It came as the European Commission scored two major legal victories in separate cases that left Apple and Google owing billions of euros.
At the same time, an EU court scrapped a 1.49-billion euro fine imposed by Brussels against Google over abuse of dominance in online advertising.
Tech giants are also seeking out each other over alleged breaches.
Google on Wednesday said it had filed a complaint against Microsoft at the European Commission, accusing its rival of “anticompetitive” licensing practices to force customers to use its cloud service.
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Publish date : 2024-09-28 06:06:00
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