Upon receiving a record €1.2BN (close to $1.3BN) privacy penalties under the GDPR, Meta was forced to halt Facebook’s data flows into the EU.
The European Data Protection Board (EDPB) announced the fne slapped on Meta on Monday.
According to public data, the fine is the largest fine ever issued under the bloc’s General Data Protection Regulation (GDPR) with Amazon the previous record holder fined for $887M for misusing customers data for ad targeting back in 2021.
“The EDPB found that Meta IE’s [Ireland’s] infringement is very serious since it concerns transfers that are systematic, repetitive and continuous.
“Facebook has millions of users in Europe, so the volume of personal data transferred is massive.
“The unprecedented fine is a strong signal to organisations that serious infringements have far-reaching consequences,” EDPB announced.
In a swift blog post in response to the suspension order, Meta declared the fee to be “unjustified and unnecessary” and said it would file an appeal.