Loading...
Market
What will be the next major EU regulatory action against Meta in 2025?
2
Resolution / Starting Odds
Data protection fine • 25%
Privacy policy mandate • 25%
Operational restrictions • 25%
No major action • 25%
Official announcements from EU regulatory bodies
Story
Meta Fined €251 Million ($263 Million) for 2018 Data Breach Affecting 29 Million Users via 'View As' Feature
Dec 17, 2024, 03:38 PM
Meta, the parent company of Facebook, has been fined €251 million (approximately $263 million) by Ireland's Data Protection Commission due to a significant data breach that occurred in September 2018. The breach exposed the personal data of approximately 29 million users globally, including around 3 million users in the European Union. The investigation revealed that hackers exploited vulnerabilities in Facebook's 'View As' feature, allowing them to access users' private profile information. This penalty marks the third major fine imposed on Meta by European regulators in recent years for data protection violations. Meta has indicated plans to appeal the decision.
View original story
Similar markets
New fines imposed • 25%
Stricter regulations implemented • 25%
No new actions • 25%
Other actions • 25%
Fine against Google • 25%
Fine against Amazon • 25%
Fine against Meta • 25%
Fine against another tech company • 25%
Data protection violations • 25%
Antitrust violations • 25%
Consumer protection violations • 25%
Other regulatory issues • 25%
Antitrust fine • 25%
Privacy fine • 25%
Content regulation • 25%
Other • 25%
Action against another social media platform • 25%
Action against a non-social media tech company • 25%
No further actions • 25%
General regulation update affecting multiple companies • 25%
Another antitrust fine • 25%
Privacy-related fine • 25%
New regulations • 25%
No major action • 25%
Privacy violations • 25%
Antitrust issues • 25%
Intellectual property disputes • 25%
Other • 25%
Policy changes • 25%
No changes • 25%
Legal action • 25%
Settlement • 25%
New EU fine • 25%
New US regulation • 25%
New lawsuit • 25%
No major challenge • 25%
No significant change • 25%
Changes to Marketplace • 25%
Expansion of legal team • 25%
Increased lobbying efforts • 25%