Facebook, Twitter face costly fines in Russia for violating local data protection law ...News

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Facebook, Twitter face costly fines in Russia for violating local data protection law
Facebook and Twitter were required by law to notify the telecom watchdog about storing Russian users’ data within Russia by January 31. Neither did, and they now face fines of up to $95k – and up to $280k for repeat violations. In order to protect its citizens’ privacy, lawmakers in Russia amended the ‘Law on Personal Data’ in 2014. Last year, when a Moscow court ordered Facebook to pay a $47 fine for violating the law, the social media giant didn’t even bother to send anyone to hear the verdict. After all, they posted an $18 billion profit that year, so why would they bother? This time, it may not be so easy. An amendment made in Dece

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