Meta Platforms was fined 265 million euros (U.S. $274 million) for failing to put in place adequate measures to protect users’ data after a leak compromised the personal details of more than half a billion individuals.

The Irish Data Protection Commission (DPC)—Meta’s European regulator—also reprimanded the company and imposed a range of corrective technical and organizational measures it must comply with within a three-month deadline.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...