Facebook is Facing a $1.63 Billion Fine Due to Recent Hack - Android

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Facebook is Facing a $1.63 Billion Fine Due to Recent Hack - Android

The social network is under the spotlight again, and not for the right reasons. Read More

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Facebook might have to pay billions in fine to EU data regulators as about 5 million out of the 50 million people affected in the recent hack lived in the European Union.

Europe’s GDPR regulation has made data handling more strict for companies that interact with EU residents. Facebook was recently involved in a major data breach, when its platform got hacked by unknown attackers, compromising personal data of about 50 million people.

Facebook Under Fire

The Irish Data Protection Commission, the region’s data watchdog, tweeted that less than 10% of compromised accounts belonged to EU nationals.


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According to estimates, Facebook could face a fine worth $1.63 billion for those accounts, after the regulatory bodies are done gathering info on the total damage done.