Source: Reuters
Ireland's data privacy regulator has decided to levy a record fine of €405 million ($402 million) on social network Instagram following an investigation into its handling of children's data, a spokesperson for the watchdog said. Instagram plans to appeal against the fine, a spokesperson for parent Meta Platforms Inc (META.O) said in an emailed statement.
The investigation, which started in 2020, focused on child users between the ages of 13 and 17 who were allowed to operate business accounts, which facilitated the publication of the user's phone number and/or email address.
"We adopted our final decision last Friday and it does contain a fine of 405 million euro," said the spokesperson for Ireland's Data Protection Commissioner (DPC), "Full details of the decision will be published next week", he said.
The Irish regulator completed a draft ruling in the Instagram investigation in December and shared it with other European Union regulators under the bloc's "one stop shop" system of regulating large multinationals.
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