Finance
EU privacy regulator fines Meta 251 million euros
Published by Global Banking & Finance Review®
Posted on December 17, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 17, 2024
1 min readLast updated: January 27, 2026
Meta has been fined 251 million euros by the EU privacy regulator due to a data breach affecting 29 million Facebook accounts, including 3 million in the EU.
DUBLIN (Reuters) - The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday following two inquiries into a personal data breach.
The inquiry was opened six years ago after Meta notified Ireland's Data Protection Commission (DPC) of the breach that impacted around 29 million Facebook accounts globally, of which about 3 million were based in the EU.
Meta remedied the breach shortly after its discovery, the DPC said.
($1 = 0.9527 euros)
(Reporting by Padraic Halpin; Editing by Sachin Ravikumar)
The main topic is the 251 million euro fine imposed on Meta by the EU privacy regulator due to a data breach.
The inquiry was conducted by Ireland's Data Protection Commission (DPC).
The data breach affected around 29 million Facebook accounts globally.
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