×
254
Fashion Jobs
MILLION MINDS MANAGEMENT SERVICES LIMITED
Hiring Manager- Corporate Sales
Permanent · Bengaluru
RELIANCE RETAIL
Area Sales Manager
Permanent · Tiruchirappalli
STEPBEYD STRATEGIC GLOBAL CONSULTING PRIVATELIMITED
Area Manager /Area Sales Manager
Permanent · Salem
MONEYWISE FINANCIAL SERVICES
Area Sales Manager/ Regional Sales Manager (Asm/Rsm)
Permanent · Gurugram
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Prayagraj
YUTIKA NATURAL
Assistant Area Sales Manager - Maldah, Berhampore
Permanent · Malda
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Hyderabad
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Dankuni
BAJAJ FINANCE
Sales Manager (Consumer Durable)
Permanent · Asansol
INCITE HR SERVICES
Area Sales Manager | Business Development Manager
Permanent · Durg
UNIBRAND DRINKS PVT. LTD
Horeca Sales Manager Mumbai Pune
Permanent · Pune
ORIENT ELECTRIC LTD.
Area Sales Manager - B2B Sales - Bangalore/ Belagavi
Permanent · Bengaluru
SUPRO CONSULTING
Area Sales Manager - on Roll
Permanent · Faridabad
THE INFINITY SPACE
Area Sales Manager - Team Handling
Permanent · Guwahati
ALKUSH INDUSTRIES
Area Sales Manager/Sales Officer
Permanent · Nashik
ALKUSH INDUSTRIES
Area Sales Manager/Sales Officer
Permanent · Alibag
SUPRO CONSULTING
Area Sales Manager
Permanent · Kolhapur
H&M
Administration Specialist
Permanent · BENGALURU
H&M
Sustainability Developer
Permanent · NEW DELHI
H&M
Program Specialist - Environment
Permanent · BENGALURU
INTERMEDICS HEALTHCARE LLP
Area Sales Manager - Asm - Ivf/Hormones (Medical Devices)
Permanent · Lucknow
CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Manager- Fmcg Sales- (2- 5 Years)- Bangalore
Permanent · Bengaluru
By
Reuters
Published
May 23, 2023
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Meta hit with record $1.3 bln fine over data transfers

By
Reuters
Published
May 23, 2023

Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users' data to the United States.


Shutterstock


The fine, imposed by Ireland's Data Protection Commissioner, came after Meta continued to transfer data beyond a 2020 EU court ruling that invalidated an EU-U.S. data transfer pact. It tops the previous record EU privacy fine of 746 million euros handed by Luxembourg to Amazon.com Inc in 2021.

The battle over where Meta's Facebook stores its data began a decade ago after Austrian privacy campaigner Max Schrems brought a legal challenge over the risk of U.S. snooping in light of disclosures by former U.S. National Security Agency contractor Edward Snowden.

Meta said in a statement that it will appeal the ruling, including the "unjustified and unnecessary fine that "sets a dangerous precedent for countless other companies." It will also seek a stay of the suspension orders through the courts.

The social media giant reiterated that it expected a new pact facilitating the safe transfer of EU citizens' personal data to the United States would be fully implemented before it has to suspend transfers.

That would mean its previous warning that a stoppage could force it to suspend Facebook services in Europe would not come to pass.

"Without the ability to transfer data across borders, the internet risks being carved up into national and regional silos," Meta said.

The DPC said in March that EU and U.S. officials hoped that the new data protection framework - agreed by Brussels and Washington in March 2022 - may be ready by July.

Europe's top court, the European Court of Justice, threw out the two previous pacts over concerns about U.S. surveillance. Schrems, the Austrian privacy campaigner, said Meta's plans to rely on the new deal for transfers going forward was unlikely to be a permanent fix.

"In my view, the new deal has maybe a 10% chance of not being killed by the CJEU (EU Court of Justice). Unless U.S. surveillance laws gets fixed, Meta will likely have to keep EU data in the EU," he said in a statement.

The Irish watchdog, which is the lead EU regulator for many of the world's top technology companies because of the location of their European headquarters in Ireland, has said the suspension order could create a precedent for other firms.

It has now fined Meta a total of 2.5 billion euros for breaches under the bloc's General Data Protection Regulation's, introduced in 2018. The DPC said that it did not initially propose adding a fine to the suspension order, but that four other EU supervising authorities disagreed and the record fine was included after a ruling by the European Data Protection Board.

The Irish regulator has fined Meta more than any other tech firm and has 10 other inquiries open into the social media group's platforms.

© Thomson Reuters 2023 All rights reserved.

Tags :
Media