By
Jeff Dale2024-09-27T22:30:00
The Irish Data Protection Commission (DPC) fined Meta Ireland 91 million euros (U.S. $102 million) for multiple violations of the European Union’s General Data Protection Regulation (GDPR) related to the inadvertent storage of user passwords without encryption.
In 2019, Meta Platforms Ireland Limited (MPIL) notified regulator and customers that “millions” of passwords were stored in “plaintext” on its internal systems, the Irish DPC announced in a press release Friday.
In June, a draft decision was handed down by other supervisory authorities, as required under Article 60 of the GDPR. On Wednesday, the Irish DPC notified MPIL of its decision to fine the social media giant over violations of Articles 5, 32, and 33 of the GDPR.
2024-11-01T19:00:00Z By Neil Hodge
Ireland’s cozy relationship with big business and Big Tech has once again come under scrutiny after the country’s media regulator allowed a $15 million one-off funding payment from Meta’s Oversight Board Trust to help launch the newly formed Appeal Centre Europe.
2024-10-30T13:55:00Z By Adrianne Appel
In an effort to streamline the enforcement of California’s stringent privacy rules, the Federal Communications Commission has signed a memorandum of understanding (MOU) with the California Privacy Protection Agency.
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Meta agreed to pay $1.4 billion to the state of Texas to settle allegations regarding the unauthorized capture and use of personal biometric data of state residents.
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The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
2025-11-07T22:18:00Z By Adrianne Appel
First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.
2025-11-06T19:01:00Z By Adrianne Appel
Four U.S. citizens were arrested in California Wednesday in connection with a massive, $346 million international credit card fraud scheme based in Germany, in which compliance officers were allegedly complicit, according to the DOJ.
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