Express

Twitter Hit With Fine For Violating The EU's General Data Protection Regulation

Emily Mason

Summary: The Irish Data Protection Center has found that Twitter failed to comply with the General Data Protection Regulation, a European Union law aiming to protect data privacy and hold companies accountable for data breaches, as reported by DeCrypt. The ruling comes after a two year long investigation into the charges and comes attached with a $546,000 ...

The Irish Data Protection Center has found that Twitter failed to comply with the General Data Protection Regulation, a European Union law aiming to protect data privacy and hold companies accountable for data breaches, as reported by DeCrypt.

The ruling comes after a two year long investigation into the charges and comes attached with a $546,000 fine, representing about 0.016% of Twitter’s $3.46 billion revenue for the fiscal year 2019.

Twitter disclosed data breaches to the DPC in January 2019, but the office has said that it wasn’t the breaches themselves that got Twitter fined, as much as the company’s failure to properly report and document them within the 72-hour window mandated by the GDPR.

By Emily Mason

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 15 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.