Instagram was fined €405 million by the European Union (EU) for allegedly mishandling children’s data. The Irish Data Protection Commission, which heads the EU’s enforcement of privacy laws, levied the fine. It is the second largest sanction imposed by the EU under the GDPR privacy law.
Meta is accused of collecting young users’ data after they were allowed to operate business accounts. Furthermore, these users’ accounts were set to “Public” by default. However, they now have the option to change the account to “Private.”
Meta, the parent company of Instagram, received the notice after an extended investigation of the case. It serves as a wake-up call to big tech companies to alter their data collection and usage practices in light of the decision. The complete details of the decision will be published next week.
Source: techcrunch.com, ceotodaymagazine.com, Ziroh Alert (#ZirohAlert)