The landmark data collection fine shows that the US is the primary cyber security threat in the world Meta, the parent company of Facebook, was fined a record-shattering €1.2 billion ($1.3 billion) on Monday by Ireland’s Data Protection Commission and subsequently ordered to stop transferring data collected from Facebook users in Europe to the United States in breach of European data protection laws. According to the body’s decision, the company failed to adhere to a 2020 decision by the European Union’s highest court that Facebook data sent to the US from the EU, as the New York Times (NYT) reports, “was not suf
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