By
Neil Hodge2022-11-28T20:32:00
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.
In a decision adopted Nov. 25 and announced Monday, the data regulator said Meta infringed Article 25 of the General Data Protection Regulation (GDPR) over the way users’ details were “scraped” from public profiles from the date the EU’s privacy legislation went into effect on May 25, 2018, up until September 2019.
2023-05-26T16:21:00Z By Neil Hodge
Meta’s latest punishment for breaching the European Union’s General Data Protection Regulation will have far-reaching ramifications for companies both in Europe and beyond.
2023-05-22T16:43:00Z By Kyle Brasseur
The Irish Data Protection Commission announced a record penalty of €1.2 billion (U.S. $1.3 billion) against Meta regarding its transfers of user data from the European Union to the United States in violation of the General Data Protection Regulation.
2023-01-19T18:21:00Z By Neil Hodge
The Irish Data Protection Commission announced a fine of €5.5 million (U.S. $5.9 million) against WhatsApp under the General Data Protection Regulation for forcing users to consent to updated terms and conditions or lose access to the service.
2025-12-11T21:18:00Z By Ruth Prickett
Global organised crime is booming, and only 1 to 2 percent of the $4 trillion black economy is intercepted, according to figures from the Financial Action Task Force. Its new guidance suggests that countries should focus on rapid investigations, collaborative intelligence gathering, and confiscating the proceeds of criminal activity.
2025-12-11T21:14:00Z By Oscar Gonzalez
Paxful, a crypto peer-to-peer network, will plead guilty to multiple federal criminal charges related to violations of the Bank Secrecy Act (BSA), among others. The plea agreement follows years of scrutiny from regulators over anit-money laundering (AML) compliance failures.
2025-12-09T20:40:00Z By Ruth Prickett
A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to maintain adequate controls.
Site powered by Webvision Cloud