X gets $140 million EU fine for breaching content rules but TikTok settles


Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the U.S. government.

While X did not respond to an emailed request for comment, Musk replied “Bullshit” under a European Commission post about the fine. He also reposted several messages criticising the decision and wrote: “Freedom of speech is the bedrock democracy. The only way to know what you are voting for.” X’s rival TikTok staved off a penalty with concessions.

Read more…
Source: Reuters News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Australian Home Affairs Minister takes issue with EU Electronic Communications Code

    January 14, 2021

    The Australian government, alongside counterparts from Canada, New Zealand, the United Kingdom, and the United States, have rallied together to declare that the unintended consequences of the new European Electronic Communications Code are putting children at risk. The new code came into effect in the European Union on 21 December 2020 and is aimed at harmonising ...

  • Ticketmaster fined $10 million for breaking into rival’s systems

    December 31, 2020

    Ticketmaster, a Live Nation subsidiary and a leading ticket distribution and sales company, was fined $10 million for illegally accessing the systems of competitor CrowdSurge using the credentials of one of its former employees. “Ticketmaster employees repeatedly – and illegally – accessed a competitor’s computers without authorization using stolen passwords to unlawfully collect business intelligence,” Acting ...

  • US IoT Improvement Act Becomes Law

    December 17, 2020

    After passing the House and Senate, H.R. 1668 or the IoT Cybersecurity Improvement Act of 2020 was signed by US President Donald Trump last December 4, 2020. The law requires federal agencies to have cybersecurity requirements to all controlled and owned IoT devices. The bill had 26 co-sponsors with an almost equal number of Democrats and ...

  • Twitter fined by EU data protection watchdog for GDPR breach

    December 16, 2020

    Ireland’s Data Protection Commission fined Twitter €450,000 (~$550,000) for failing to notify the DPC of a breach within the 72-hour timeframe imposed by European Union’s General Data Protection Regulation (GDPR) and to adequately document it. The GDPR is a user and data privacy regulation that came into effect in the EU on May 25, 2018, and ...

  • Australia: Communications department flags idea of tying telco licences to cyber capability

    December 11, 2020

    The Department of Infrastructure, Transport, Regional Development, and Communications has run up the flagpole the idea of inserting security provisions into the Telecommunications Act to require telcos to safeguard their systems as a condition of their licence to operate. Writing in a submission to the Parliamentary Joint Committee on Intelligence and Security (PJCIS) review of the ...

  • CEOs Will Be Personally Liable for Cyber-Physical Security Incidents by 2024

    November 17, 2020

    Digital attack attempts in industrial environments are on the rise. In February 2020, IBM X-Force reported that it had observed a 2,000% increase in the attempts by threat actors to target Industrial Control Systems (ICS) and Operational Technology (OT) assets between 2018 and 2020. This surge eclipsed the total number of attacks against organizations’ industrial ...