Meta Fined €91 Million by Irish Regulator Over Password Breach

Ireland’s data protection commission has fined Meta Platforms Inc.’s Irish branch €91 million ($102 million) following an investigation into password storing by the company, according to a statement by the regulator.

It follows an inquiry that began in April 2019 after the Facebook owner informed the DPC that it had inadvertently stored certain passwords of social media users in ‘plaintext’ on its internal systems without cryptographic protection or encryption.

It only adds to a record €1.2 billion ($1.3 billion) European Union privacy fine that the tech giant was handed last year by the same commission which accused it of ...