24 Mar EU Tells Social Networks to Guarantee Protection of User Data
Last Tuesday after a meeting in Brussels, EU heads of state told social networks to ensure transparent practices and the protection of personal information.
In light of the recent privacy fiasco involving Facebook, the European leaders sternly said that EU and national legislation must be respected and enforced. However, EU Justice Commissioner Vera Jourova said that since the Facebook issue happened before the GDPR, they would not be able to apply sanctions.
Jourova additionally revealed that in Britain, which is leading the Facebook investigation from the European side, the maximum penalty is around $705,000, which she said is an insignificant amount compared to Facebookâs $40.65 billion revenue for 2017.
Source: Reuters
