Fine time again for Meta so why should we entrust out personal data to the company?

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Fine time again for Meta so why should we entrust out personal data to the company? via IrishTimesBiz

Twelve weeks after imposing a record €405 million fine on Meta’s Instagram unit, data regulator Helen Dixon has hit the parent company with another large sanction, this time for €265 million. Total fines against the Facebook owner in 14 months now amount to €910 million.

Ms Dixon was for years criticised for slow inquiries into Big Tech privacy violations, the argument being that the lack of penalties meant a lack of regulation and failure to hold companies to account. She always rejected that critique, although bitter disputes with European counterparts who wanted tougher action delayed the process.

Europe’s general data protection regulation and Ireland’s outsized role in it is still a work in progress. But the rate at which Meta is racking up major fines justifies serious consideration about its attitude to the privacy of its many users. Penalties on a scale that would cripple many smaller companies might be merely a financial blip to a behemoth such as Meta, yet it is difficult to escape the conclusion that there has been a cavalier attitude to users’ privacy within the company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines