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Meta hit with $102 million privacy fine from European Union over 2019 password security lapse
Meta was punished with a 91 million euro fine from the social media giant’s European Union privacy regulator over a security lapse involving passwords for Facebook users.
LONDON (AP) — Meta was punished Friday with a fine worth more than $100 million from the social media giant’s European Union privacy regulator over a security lapse involving passwords for Facebook users. The watchdog started investigating in 2019 after it was notified by Meta that some passwords had been inadvertently stored internally in plain text, which means they weren’t encrypted and it was possible for employees to search for them. It’s the latest in a series of hefty fines for Meta and its social media platforms from the Dublin-based watchdog, which is the company’s lead regulator under the 27-nation EU’s stringent data privacy rulebook.
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