this post was submitted on 27 Sep 2024
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Meta fined $102 million for storing passwords in plain text (www.engadget.com)
submitted 1 month ago by neme@lemm.ee to c/technology@lemmy.world
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[–] WhatYouNeed@lemmy.world 8 points 1 month ago* (last edited 1 month ago) (1 children)

Should be like GDPR fines: 4% of your annual global revenue.

Edit: just read "It has so far fined Meta a total of 2.5 billion euros for breaches under the bloc's General Data Protection Regulation's (GDPR), introduced in 2018, including a record 1.2 billion euro fine in 2023 that Meta is appealing"

Wow, Meta really likes donating to the EU