Data Privacy & Security Data Privacy & Security

Facebook sets aside EUR300 million for GDPR fines from Irish watchdog

By Jakub Krupa
  • 09 Dec 2020 11:40
  • 09 Dec 2020 11:40

Facebook Ireland has set aside more than 300 million euros ($360 million) for possible data-protection fines, primarily from the Irish Data Protection Commission, the company's accounts show. The social media giant is subject to almost a dozen investigations by the Irish watchdog.

The figure has been revealed in the company's financi

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Jakub Krupa

Senior Correspondent

Jakub joined MLex’s London team in August 2020 to report on topics including data privacy and security, cybersecurity, and telecom regulation, focusing on EU & UK regulatory and legal risk in the telecoms, media and technology (TMT) sectors. He is currently working on MLex's coverage of future mobility, in particular the rise of connected, electric and autonomous vehicles.

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