Engaget Summary (2023-05-22 04AM)

Source: Meta hit with $1.3 billion fine over Facebook’s EU-US data transfers

Summary
The European Union has fined Facebook €1.2 billion ($1.3 billion) over data transfers to US-based servers, deemed in violation of bloc regulations. Ireland’s Data Protection Commission stated Facebook had not addressed risks to “data subjects” rights and freedoms.

Fact

🔍 EU officials found Facebook moving EU citizens’ data to US-based servers in violation of digital privacy rules

🔏 European privacy law is tighter than its US counterpart, which doesn’t apply, thus opening the door for unnecessary surveillance.

❌ Existing Safe Harbour provisions were insufficient, leading to EU-US Privacy Shield, which was similarly ruled invalid by the European Court of Justice.

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