- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2022-09-21T14:36:00
In fining Instagram a record 405 million euros (U.S. $405 million) earlier this month for General Data Protection Regulation (GDPR) violations regarding the safeguarding of teenage users’ data, the Irish Data Protection Commission (Irish DPC) took some heat of its own.
The regulator began its investigation in 2020 into the way users between the ages of 13 and 17 could open “business accounts” on the social media platform, which led to their phone numbers and/or email addresses being published widely in certain cases, and why child users’ accounts had a default “public” rather than “private” setting.
Judging from the European Data Protection Board’s (EDPB) binding decision, released Sept. 15, deliberations during the cross-border case were far from smooth.
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Instagram is set to be fined €405 million (U.S. $401 million) by Ireland’s data protection regulator for failing to adequately secure teenage users’ data in line with the General Data Protection Regulation.
Meta Platforms is threatening to pull down Facebook and Instagram in the European Union over concerns it cannot meet data-sharing rules set in the region’s General Data Protection Regulation.
The Irish Data Protection Commission has set out plans to fine Facebook between €28 million and €36 million (U.S. $32 million and $42 million) for violations of the General Data Protection Regulation.
An alleged software mastermind of the notorious LockBit ransomware group will soon be extradited to the United States to stand trial on charges that his criminal enterprise extorted at least half a billion dollars from victims worldwide, including U.S. businesses and hospitals, the Department of Justice (DOJ), said.
Purported “testimonial and review” service Rytr agreed to stop selling its program that used artificial intelligence to create fake content as part of a consent order with the Federal Trade Commission.
Bank of America avoided a monetary penalty in agreeing to settle charges with the Treasury Department’s Office of the Comptroller of the Currency but was ordered to shore up previously disclosed deficiencies in its Bank Secrecy Act/anti-money laundering (BSA/AML) and sanctions compliance programs.
