Facebook Faces Potential $1.63 Billion Fine in Europe Over Data Breach

A European Union privacy watchdog could fine Facebook as much as $1.63 billion for a data breach in which hackers compromised the accounts of over 50 million users.

30 Sep 2018 ... Under GDPR, companies that don't do enough to safeguard their users' data risk a maximum fine of €20 million ($23 million), or 4% of a firm's ...

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