Irish regulator again gave a surprise to meta company and punished by second highest fined after Amazon.
This penalty is highest for meta own company by any EU country, and we again show that EU countries regularly warn meta companies for thier terms and conditions.
Irish regulator already fined othe meta own company like €17M for WhatsApp and €225M for Facebook.
A fat fine is headed Instagram's way after European Union privacy regulators came to a decision on a long running complaint related to how the social media platform handles children's data.
The penalty is for a breach of the EU's General Data Protection Regulation (GDPR) and Ireland's Data Protection Commission (DPC).
Title 2Instagram Fined €405 Million in EU for Allegations of Mishandling Children's Data like email address and phone number.
DPC of Ireland confirmed the level of fine to instagram.
Deputy commissioner, Graham Doyle, told TechCrunch: "We adopted our final decision last Friday and it does contain a fine of €405 million.Full details of the decision will publish next week.”
This fine is say that EU is very alert for thier policy against social media company and they always try to protect children's data and secure them.