Reuters:
DUBLIN, Sept 27 (Reuters) - The lead European Union privacy regulator fined social media giant Meta (META.O), opens new tab 91 million euros ($101.5 million) on Friday for inadvertently storing some users' passwords without protection or encryption.
The inquiry was opened five years ago after Meta notified Ireland's Data Protection Commission (DPC) that it had stored some passwords in 'plaintext'. Meta publicly acknowledged the incident at the time and the DPC said the passwords were not made available to external parties.
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Data Protection Commission
The Data Protection Commission (DPC) has today announced its final decision following an inquiry into Meta Platforms Ireland Limited (MPIL). This inquiry was launched in April 2019, after MPIL notified the DPC that it had inadvertently stored certain passwords of social media users in...
www.dataprotection.ie
