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HomeBusinessBig blow to Mark Zuckerberg, European Commission imposed a huge fine of $ 102 million on Meta - Top News Bulletin

Big blow to Mark Zuckerberg, European Commission imposed a huge fine of $ 102 million on Meta – Top News Bulletin


World Mark Zuckerberg, one of the richest people in the world, has suffered a major setback. The Privacy Regulator of the European Commission on Friday imposed a fine of more than $ 100 million on Mark Zuckerberg's giant tech company Meta for security lapses related to the passwords of Facebook users. The Irish Data Protection Commission said in its order that after investigating the matter, it has imposed a fine of 91 million euros or 101.6 million dollars on the American company Meta.

The regulator of the European Commission started the investigation in the year 2019

The regulator of the European Commission started investigating this matter in the year 2019. At the time, Meta informed the Commission that the passwords of some Facebook users had inadvertently been stored internally. This means that those passwords could easily be discovered by Facebook employees.

What statement did Meta give in his clarification?

Commission Deputy Commissioner Graham Doyle said that given the risk of misuse, users' passwords should not be stored without any code. Meta said in its comment on the decision that this 'mistake' was caught in a security review and the company had taken immediate action to fix it.

No evidence of password misuse

The company said in the statement, “There is no evidence that these passwords were misused or improperly accessed. We engaged meaningfully with the Irish Data Protection Commission during their investigation of this matter.” are.”

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Fine has already been imposed on different companies of Meta.



Image Credit: India-Tv.

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