September 28 news, according to Sina Finance, according to a statement from the regulator, after investigating the password storage of Facebook's parent company MetaPlatforms (META.US) in Ireland, the Irish Data Protection Commission (DPC) fined it 91 million euros (about 102 million US dollars). The owner of Facebook once notified the Data Protection Commission that it had inadvertently stored some passwords of some social media users in "plain text" in its internal system without encryption protection or encryption measures. The Commission began an investigation into the password leak in April 2019. The fine is in addition to a 1.2 billion euro (about $1.3 billion) fine the European Commission imposed last year, accusing the tech giant of transferring user data to the United States.
