LONDON :
THE European Union
slapped Meta with a record
USD 1.3 billion privacy fine
on Monday and ordered it
to stop transferring user
data across the Atlantic by
October, the latest salvo in
a decade-long case sparked
by US cybersnooping fears.
The penalty of 1.2 billion
Euros is the biggest since
the EU’s strict data privacy
regime took effect five years
ago, surpassing Amazon’s
746 million Euro fine in
2021 for data protection
violations.
Meta, which had previously warned that services
for its users in Europe could
be cut off, vowed to appeal
and ask courts to immediately put the decision on
hold. “This decision is
flawed, unjustified and sets
a dangerous precedent for
the countless other companies transferring data
between the EU and US,”
Nick Clegg, Meta’s president of global and affairs,
and Chief Legal Officer
Jennifer Newstead said in
a statement.