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International Business Times
International Business Times
World
Mark Moore

Facebook Owner Meta Fined $100M Over Password Security Lapse

An Irish regulatory agency fined Facebook owner Meta more than $100 million for not protecting users' passwords. (Credit: AFP)

An Irish regulatory agency fined Facebook owner Meta more than $100 million for failing to properly encrypt users' passwords.

Ireland's Data Protection Commission said Friday it had levied the $101.5 million fine on Meta Platforms Ireland Limited as the result of an investigation that began in April 2019 when the tech giant informed DPC that it had "inadvertently" stored some users' passwords in plaintext on its internal systems without cryptographic protection or encryption.

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