Meta Fined €91 Million by Irish Regulator Over Password Breach
Visitors outside Meta's headquarters in Menlo Park, California, US.
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Ireland’s data protection commission has fined Meta Platforms Inc.’s Irish branch €91 million ($102 million) following an investigation into password storing by the company, according to a statement by the regulator.
It follows an inquiry that began in April 2019 after the Facebook owner informed the DPC that it had inadvertently stored certain passwords of social media users in ‘plaintext’ on its internal systems without cryptographic protection or encryption.