E.U. Regulators Hit Meta with Record $1.3 Billion Fine for Data Transfer Violations
May 22, 2023
Data Protection / Privacy
Facebook's parent company Meta has been fined a record $1.3 billion by European Union data protection regulators for transferring the personal data of users in the region to the U.S. In a binding decision taken by the European Data Protection Board (EDPB), the social media giant has been ordered to bring its data transfers into compliance with the GDPR and delete unlawfully stored and processed data within six months. Additionally, Meta has been given five months to suspend any future transfer of Facebook users' data to the U.S. Instagram and WhatsApp, which are also owned by the company, are not subject to the order. "The EDPB found that Meta IE's infringement is very serious since it concerns transfers that are systematic, repetitive, and continuous," Andrea Jelinek, EDPB Chair, said in a statement. "Facebook has millions of users in Europe, so the volume of personal data transferred is massive. The unprecedented fine is a strong signal to organizati