EU Privacy Regulator Fines Meta EUR 91 Million Over Password Storage


The lead European Union privacy regulator fined social media giant Meta 91 million euros ($101.5 million) on Friday for inadvertently storing some users’ passwords without protection or encryption.

The inquiry was opened five years ago after Meta notified Ireland’s Data Protection Commission (DPC) that it had stored some passwords in ‘plaintext’. Meta publicly acknowledged the incident at the time and the DPC said the passwords were not made available to external parties.

“It is widely accepted that user passwords should not be stored in plaintext, considering the risks of abuse that arise from persons accessing such data,” Irish DPC Deputy Commissioner Graham Doyle said in a statement.

A Meta spokesperson said the company took immediate action to fix the error after identifying it during a security review in 2019, and that there is no evidence the passwords were abused or accessed improperly.

Meta engaged constructively with the DPC throughout the inquiry, the spokesperson added in a statement on Friday.

The DPC is the lead EU regulator for most of the top U.S. internet firms due to the location of their EU operations in the country.

It has so far fined Meta a total of 2.5 billion euros for breaches under the bloc’s General Data Protection Regulation’s (GDPR), introduced in 2018, including a record 1.2 billion euro fine in 2023 that Meta is appealing.

© Thomson Reuters 2024

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who’sThat360 on Instagram and YouTube.


Apple Must Face Narrowed Privacy Lawsuit Over Its Apps





View Original Source Here

You May Also Like

George Soros’ fund owns bitcoin, CEO confirms

Hungarian-born US investor and philanthropist George Soros delivers a speech on the…

Twitter restored in Turkey after meeting with government officials

Elon Musk Twitter page seen on mobile with his poll to step…

An app beloved by wine geeks grew during the pandemic. The founder explains what’s next

Eric LeVine, founder and CEO of CellarTracker, visits the cellar at his…

Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon

TikTok owner ByteDance has launched a women’s fashion website called If Yooou.…