Meta fined $101.5M for 2019 breach that exposed hundreds of millions of Facebook passwords

Reset your clocks: Meta has been hit with yet another privacy penalty in Europe. On Friday Ireland’s Data Protection Commission (DPC) announced a reprimand and a €91 million fine — around $101.5M at current exchange rates — after concluding a multi-year investigation into a 2019 security breach by Facebook’s parent company. The DPC opened a statutory inquiry into the incident in question in April 2019 under the bloc’s General Data Protection Regulation (GDPR) after Meta, or Facebook as the company was still ...