A massive data leak just cost Meta $275 million

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A massive data leak just cost Meta $275 million
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Last April, hackers collected over 500 million Facebook users’ names, locations, and birth dates to sell on a hacking forum. It's costing Meta millions.

, a law passed in 2018 meant to better safeguard European consumers’ privacy. Last April, hackers collected over 500 million of the social media users’ names, locations, and birth dates via a vast data scraping scheme, and then turned around to sell the information on an online hacking forum. This is a violation of the GDPR’s rule requiring companies so safeguard personal info.

The massive fee is only the latest in a string of heavy financial penalties levied against what was once the world’s most dominant social media site. Asreports, Ireland’s Data Protection Commission previously fined Meta $400 million in September for its “mistreatment of children’s data,” less than a year after the same authorities charged the company $235 million for various violations related to its messaging service, WhatsApp.

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