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EU fines Meta $1.3 billion over data transfers to US

EU fines Meta $1.3 billion over data transfers to US

by AIP Online Bureau | May 22, 2023 | International News, Regulation, Risk Management, Technology

The social network giant’s continued data transfers to the US didn’t address “the risks to the fundamental rights and freedoms of people whose data was being transferred across the Atlantic, according to a decision by the Irish Data Protection Commission announced on...
EU fines Meta $1.3 billion over data transfers to US

Meta agrees to pay largest $725 million to settle privacy lawsuit

by AIP Online Bureau | Dec 23, 2022 | International News, Risk Management, Technology

It’s “the largest recovery ever achieved in a data privacy class action and the most Facebook has ever paid to resolve a private class action,” the plaintiffs said in a court filing late Thursday. Lawyers for the consumers had steadily gained leverage to pry into the...

Meta takes down CyberRoot Risk Advisory’s 40 accounts, 900 Chinese a/cs

by AIP Online Bureau | Dec 16, 2022 | Facts, Technology

”We removed a network of more than 40 accounts on Facebook and Instagram operated by an Indian firm called CyberRoot Risk Advisory Private. Rather than directly sharing malware on our apps, this group’s activity manifested primarily in social engineering...

Meta takes action against 2.7 crore posts on Facebook, Instagram in India

by AIP Online Bureau | Sep 1, 2022 | Data, Technology

Meta on its own identified 9.98 lakh ”Dangerous Organizations and Individuals: Terrorism” related content and finally it took action against 99.8 per cent of the posts that were identified Social media major Meta had taken action against 2.7 crore on...

Global Facebook interest declines about 90% in last 10 years: Report

by AIP Online Bureau | Mar 22, 2022 | Facts, Technology

From 1.93 billion daily users in Q3 2021, the number of users further fell to 1.929 billion in Q4, the report said. Several advertisers have moved away from Facebook, and TikTok is becoming extremely popular since it’s more affordable from a cost-per 1,000...
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