Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users. The Irish Data Protection Commission said it slapped the U.

The lead European Union privacy regulator for Meta hit the tech giant with a fine worth more than $100 million Thursday for failing to properly store some users’ passwords. The Irish Data Protection Commission (DPC) said Meta was fined 91 million euros,

Ireland's Data Protection Commission on Friday fined Meta more than $100 million for privacy law violations related to failing to properly encrypt and store passwords of the tech giant's users.