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    Meta fined €91m after password storage investigation

    Team_NewsStudyBy Team_NewsStudySeptember 27, 2024 Tech News No Comments2 Mins Read
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    Fb dad or mum firm Meta has been fined €91m (£75m) by the Irish Information Safety Fee (DPC) following an investigation into the storage of passwords.

    An inquiry was launched in April 2019 after Meta notified the DPC that it had inadvertently saved sure passwords of social media customers on its inside programs with out encryption.

    The DPC submitted a draft choice to different European information watchdogs in June 2024.

    No objections have been raised by the opposite authorities.

    Meta has been discovered to have 4 breaches of Normal Information Safety Regulation (GDPR).

    DPC deputy commissioner Graham Doyle mentioned: “It’s broadly accepted that consumer passwords shouldn’t be saved in ‘plaintext’ contemplating the dangers of abuse that come up from individuals accessing such information.

    “It have to be borne in thoughts, that the passwords the topic of consideration on this case are notably delicate, as they might allow entry to customers’ social media accounts.” he added.

    The choice, which was made by the commissioners for information safety, Dr Des Hogan and Dale Sunderland, and notified to Meta on 26 September, features a reprimand and a tremendous.

    In Could 2023, Meta was fined €1.2bn (£1bn) for mishandling data when transferring it between Europe and the USA.

    That tremendous was additionally issued by Eire’s DPC; the most important tremendous imposed below the EU’s GDPR privateness legislation.

    In 2022, Meta was fined €265m (£220m) after information from 533m individuals in 106 nations was printed on a hacking discussion board having been “scraped” from Fb years earlier.



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