Facebook Parent Company Fined €91M for Failing To Secure Millions of Passwords
Thousands of Meta employees could potentially access Facebook and Instagram users’ passwords following blatant security lapse.
Thousands of Meta employees could potentially access Facebook and Instagram users’ passwords following blatant security lapse.
The cyberattack exposed personal data of 8,000 employees.
The tech giant took umbrage at regulations that would require interoperability with rival platforms.
Commission targeted X users based on religion and political beliefs to promote controversial data surveillance regulation.
Meta will face daily fines of $100,000 if it continues to show Norwegians personalized ads based on their search history or location.
Citing concerns about U.S. intelligence agencies accessing EU citizens’ private data, the Austrian non-profit group NOYB will legally challenge the agreement in the European Court of Justice, where it saw off two previous incarnations of the transatlantic deal.
To the applause of watchdog groups, Meta’s mass data collection in Europe may be over.
The Act addresses the question of who owns and has the right to store and make use of non-personal digital data produced in the Internet of Things (IoT), and to the massive windfall such data can represent for industry.
Google and other tech Leviathans are playing a wait-and-see approach with the EU’s AI Act, whether or not AI technology will run afoul of EU privacy laws.
Even Microsoft, OpenAI’s main investor, admitted it does not “have access to the full details of [ChatGPT’s] vast training data.”
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