2023-05-26 18:01:54
Meta, Facebook’s parent company, is fined 1.2 billion euros for failing to comply with European data protection rules.
The Irish regulator decided earlier this week to impose a record fine in Europe of 1.2 billion euros once morest Meta, Facebook’s parent company. The American company is accused of violating data protection rules.
Euronews questioned Isabelle Roccia, European director of the International Association of Privacy Professionals, on the scope of this decision.
Euronews:
Is this good or bad news for consumers?
Isabelle Rock :
This is certainly great news, and not just for consumers, but also for all organizations that depend on data transfers. It is an important decision for the fine itself obviously, 1.2 billion euros, but it is also very important because it really requires a change of behavior, a change of practice on the part of Meta, first of all, but also of all organizations that transfer data.
Euronews:
Meta will likely appeal and the final decision might take months or even years. Wouldn’t that risk mitigating the impact of the decision?
Isabelle Rock :
I don’t think that lessens the impact of the decision. It was called a very important decision right from the start. This decision has been awaited for almost a decade, and it truly illustrates the constant friction and complexity of transatlantic data transfers. We are therefore going to attend a call from Meta. They already announced it, but it raises questions that go beyond the Meta company itself. I think this mostly highlights the level of risk to businesses and how they view their data transfer practices.
Euronews:
Meta released a statement saying the restrictions risked dividing the internet into national and regional silos and harming the global economy. What is your opinion ?
Isabelle Rock :
I think you have to be careful with the implications of the decision from that point of view. We live in a global, largely online economy. We will continue to live online. So we have to recognize that fact. And there’s a real conversation going on globally regarding how we can get the different jurisdictions to work together on these issues, certainly when it comes to transfers. But it goes far beyond, beyond this component of data protection and privacy law.
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