www.bloomberg.com Open in urlscan Pro
151.101.129.73  Public Scan

Submitted URL: https://api-esp-ap.piano.io/-c/161/11889/120981/7841598/122102/2f9379adef5d51886081541ca2b2df09/-1/-1?attrs=0&order=2
Effective URL: https://www.bloomberg.com/news/articles/2022-11-28/meta-fined-277-million-for-data-leak-of-half-a-billion-users?utm_source...
Submission: On December 04 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

Skip to content



Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal
Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg
Customer SupportCustomer Support

Bloomberg Webinars: Access a broad range of analysis, research, insight & ideas.

Europe Edition

 * UK
   
 * Europe
   
 * US
   
 * Asia
   
 * Middle East
   
 * Africa
   
 * 日本
   

Sign In Subscribe



 * Live Now
   
   
   BLOOMBERG TV+
   
   
   BUSINESS OF SPORTS: METAVERSE
   
   Virtual reality and sports seem like polar opposites. But the largest
   companies in Silicon Valley are trying to change that, using virtual sports
   platforms to drive adoption and profit in this new world.
   
   
   BLOOMBERG RADIO
   
   
   BLOOMBERG BUSINESSWEEK
   
   Insight and analysis of top stories from our award winning magazine
   "Bloomberg Businessweek".
   
   Listen
   
   --------------------------------------------------------------------------------
   
   
   QUICKTAKE
   
   
   CHINA 2030: SMART CITIES
   
   Smart City technology improves urban life and creates economic advantage.
   Nowhere is building as many as China. But are these changes better for
   people, or the governments and companies designing them?
   
   
   ALSO STREAMING ON YOUR TV:
   
   
 * * Markets
     Markets
      * Deals
      * Odd Lots
      * The FIX | Fixed Income
      * ETFs
      * FX
      * Factor Investing
      * Alternative Investing
      * Economic Calendar
      * Markets Magazine
     
     
     MARKETS
     
     Kuwait Says Oil Buyers Don’t Want to Boost Imports Next Year
     
     
     MARKETS
     
     Euro’s Traditional Santa Rally Faces a High Bar This Time
     
     
     MARKET DATA
     
      * Stocks
      * Commodities
      * Rates & Bonds
      * Currencies
      * Futures
      * Sectors
     
     View More Markets
   * Economics
     Economics
      * Indicators
      * Central Banks
      * Jobs
      * Trade
      * Tax & Spend
      * Inflation & Prices
     
     
     TRADE
     
     Geopolitical Rivalries Are Transforming the Contours of Trade
     
     
     ECO WEEK AHEAD
     
     ECB’s Chance to Guide Rate-Hike Views Won’t Last Long
     
     
     CENTRAL BANKS
     
     UK Interest Rate Should Peak Below 4.5% to Avoid Deeper Recession: BOE
     Official
     
     View More Economics
   * Industries
     Industries
      * Consumer
      * Energy
      * Entertainment
      * Finance
      * Health
      * Legal
      * Real Estate
      * Telecom
      * Transportation
     
     
     NEW ENERGY
     
     Tiny Wind Farms Are Ready to Ease Britain’s Energy Crunch
     
     
     BIG TECH
     
     VW Looks to Expand Coding Schools to Bolster Tech Skills
     
     
     FEATURED
     
      * Business of Sports
     
     View More Industries
   * Technology
     Technology
      * Code Wars
      * Checkout
      * Prognosis
     
     
     CRYPTO
     
     Crypto Exchange Bybit to Cut 30% of Jobs in ‘Deepening Bear Market’
     
     
     TECHNOLOGY
     
     Jumia Moves Top Bosses to Africa from Dubai in Profit Push
     
     
     TECHNOLOGY
     
     Elon Musk Says Apple Is ‘Fully’ Advertising on Twitter Again
     
     View More Technology
   * Politics
     Politics
      * US
      * UK
      * Americas
      * Europe
      * Asia
      * Middle East
     
     
     POLITICS
     
     UK Could Deploy Army to Deal With Strikes Before Christmas
     
     
     POLITICS
     
     Iran Suspends Morality Police That Sparked Massive Protests
     
     
     FEATURED
     
      * Midterm Elections 2022
      * Next China
     
     View More Politics
   * Wealth
     Wealth
      * Investing
      * Living
      * Opinion & Advice
      * Savings & Retirement
      * Taxes
      * Reinvention
     
     
     CITY OF LONDON
     
     A £30 Million Hampstead Steal for a Billionaire With Style
     
     
     WEALTH
     
     China Oceanwide Has Potential Buyer for $1.2 Billion LA Project
     
     
     FEATURED
     
      * How to Invest
     
     View More Wealth
   * Pursuits
     Pursuits
      * Travel
      * Autos
      * Homes
      * Living
      * Culture
      * Style
     
     
     SPORTS
     
     Messi Scores, Argentina Reaches World Cup Quarterfinals
     
     
     PURSUITS
     
     No. 4 USC Falls to Utah in Pac-12, All But Ending CFP Hope
     
     
     FEATURED
     
      * Screentime
      * New York Property Prices
      * Where to Go in 2022
     
     View More Pursuits
   * Opinion
     Opinion
      * Business
      * Finance
      * Economics
      * Markets
      * Politics & Policy
      * Technology & Ideas
      * Editorials
      * Letters
     
     
     RACHEL SANDERSON
     
     How to Run a Family Office Like an Agnelli
     
     
     MAX HASTINGS
     
     The UK is Way Too Besotted With Its SAS
     
     
     FAYE FLAM
     
     The Tragedy of Avoidable Covid Deaths
     
     View More Opinion
   * Businessweek
     Businessweek
      * The Bloomberg 50
      * Best B-Schools
      * Small Business Survival Guide
      * 50 Companies to Watch
      * Good Business
      * Subscribe to the Magazine
     
     
     FEATURE
     
     Can Duolingo Actually Teach You Spanish?
     
     
     BUSINESS
     
     Ryanair, EasyJet Scale Back in Germany Over Airport Fees
     
     
     THE BIG TAKE
     
     11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s
     Fall
     
     View More Businessweek
   * Equality
     Equality
      * Corporate Leadership
      * Capital
      * Society
      * Solutions
     
     
     EQUALITY
     
     Florida Lawmakers Review Ways to Restore Some Disney Privileges
     
     
     EQUALITY
     
     UAW Presidential Race Heads Toward Runoff in a Rebuke of Leaders
     
     
     FEATURED
     
      * In Trust Podcast
     
     View More Equality
   * Green
     Green
      * New Energy
      * ESG Investing
      * Weather & Science
      * Electric Vehicles
      * Climate Politics
      * Greener Living
      * Cleaner Tech
     
     
     ESG
     
     Ex-Tabloid Reporter Who Coined ESG Label Says Backlash Is Good
     
     
     WEATHER & SCIENCE
     
     Indonesia’s Mt. Semeru Unleashes Lava River in New Eruption
     
     
     FEATURED
     
      * Data Dash
      * Hyperdrive
     
     View More Green
   * CityLab
     CityLab
      * Design
      * Culture
      * Transportation
      * Economy
      * Environment
      * Housing
      * Justice
      * Government
      * Technology
     
     
     DESIGN
     
     A Swiss Mission for Architects: Hide That Housing Complex
     
     
     PROGNOSIS
     
     Flu Hospitalizations Nearly Double Over the Last Week in the US
     
     
     TRANSPORTATION
     
     Federal Transportation Program Expands to Curb Crashes and Emissions
     
     View More CityLab
   * Crypto
     Crypto
      * Decentralized Finance
      * NFTs
      * Regulation
      * Technology
     
     
     CRYPTO
     
     Crypto Exchange Bybit to Cut 30% of Jobs in ‘Deepening Bear Market’
     
     
     CRYPTO
     
     This Week in Crypto: BlockFi’s Chapter 11 Bankruptcy (Podcast)
     
     
     CRYPTO
     
     Crypto Feels the Wrath of FTX’s Demise Through Bankruptcies (Podcast)
     
     View More Crypto
 * More
   
   --------------------------------------------------------------------------------
   
   
   
   





Technology


META FINED $277 MILLION FOR LEAK OF HALF A BILLION USERS

 * Fine by Irish watchdog follows probe of EU privacy violations
 * Penalty is third-largest under the EU’s GDPR data law


Photographer: Michael Nagle/Bloomberg
By

Stephanie Bodoni

+Follow
November 28, 2022 at 1:00 PM GMTUpdated onNovember 28, 2022 at 1:19 PM GMT


LISTEN TO THIS ARTICLE

2:19


SHARE THIS ARTICLE


Copied
New
Gift
Gift this article

Exit

Subscriber Benefit

Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even
non-subscribers! Learn more

Subscribe

Sign In

Follow the authors
@StephanieBodoni
+ Get alerts forStephanie Bodoni


Meta Platforms Inc. was slapped with a €265 million ($277 million) fine for
failing to prevent the leak of the personal data of more than half a billion
users of its Facebook service.

The Irish Data Protection Commission, the main privacy watchdog for Meta in the
European Union, levied the fine following a probe that found the social-media
company had failed to apply strict safeguards required under the bloc’s sweeping
General Data Protection Regulation. 




On top of the fine -- the third-biggest under GDPR -- the watchdog ordered
Meta’s Irish unit to make sure its processing complies with the law, according
to an emailed statement on Monday. 



The Irish authority is the lead watchdog for some of Silicon Valley’s biggest
tech firms that have set up an EU base in the country, including Meta. It opened
its probe following revelations that “a collated dataset of Facebook personal
data” had been published on the internet. Personal information on 533 million
Facebook users worldwide reemerged on a hacker website last year, including
their phone numbers and email addresses. 



The investigation looked into “Facebook Search, Facebook Messenger Contact
Importer and Instagram Contact Importer tools in relation to processing carried
out by Meta” between May 2018 and September 2019, the data protection commission
said. 




The social network has previously said the data is old and that the problem had
been found and fixed in 2019.



Meta said in a statement on Monday that “protecting the privacy and security of
people’s data is fundamental to how our business works” and that it had
cooperated fully with regulators.

“We made changes to our systems during the time in question, including removing
the ability to scrape our features in this way using phone numbers,” the company
said. “Unauthorized data scraping is unacceptable and against our rules and we
will continue working with our peers on this industry challenge. We are
reviewing this decision carefully.”



Data watchdogs in Europe saw their powers increased overnight in May 2018, when
the GDPR took effect and gave them the power to levy fines of as much as 4% of a
company’s annual sales.

The biggest penalties under GDPR so far are a record €746 million fine for
Amazon.com Inc. by its lead privacy watchdog in Luxembourg, followed by a €405
million fine for Meta’s Instagram, and a €225 million fine for Meta’s WhatsApp
unit, both by the Irish authority.

(Updates with further company comment in eighth paragraph. A previous version of
the story corrected a typo on the company name.)




SHARE THIS ARTICLE


Copied
New
Gift
Gift this article

Exit

Subscriber Benefit

Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even
non-subscribers! Learn more

Subscribe

Sign In

Follow the authors
@StephanieBodoni
+ Get alerts forStephanie Bodoni

Have a confidential tip for our reporters?
Get in touch
Before it's here, it's on the
Bloomberg Terminal
Learn more


LIVE ON BLOOMBERG
Watch Live TVListen to Live Radio
Video Player is loading.
Play Video
Pause
Unmute

Current Time 0:23
/
Duration -:-:-
Loaded: 0%


0:00:24
Progress: 0%
Stream Type LIVE
Remaining Time --:-:-
 
Playback Rate

1x
Chapters
 * Chapters

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected
 * english

Fullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.


Play Again




MOST READ

 * Markets
   This Stock Strategist Says We’ll See 5% Inflation for the Next Decade
 * Technology
   Elon Musk Says Apple Is ‘Fully’ Advertising on Twitter Again
 * Pursuits
   Trophy Rolex, Patek and Audemars Piguet Prices Skid to Pre-Boom Levels
 * Technology
   Musk’s Neuralink Hopes to Implant Computer in Human Brain in Six Months
 * Markets
   Stock Market Gamblers Let It Ride Again in Brutal Year


Copy Link

Terms of Service Manage Cookies Trademarks Privacy Policy ©2022 Bloomberg L.P.
All Rights Reserved
Careers Made in NYC Advertise Ad Choices Help



Register to read more.Get Startedcontinue