An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches.
The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users’ password data and for taking too long to alert the regulator over the issue. An inquiry was launched in April 2019 after Meta Ireland informed the regulator that it had “inadvertently stored certain passwords of social media users” in a readable format on its internal system, the DPC said in a statement.
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Source: Yahoo News
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