02 Oct, 2024

Ireland fines Meta €91 million for storing passwords in plaintext

The Data Protection Commission (DPC) in Ireland has fined Meta Platforms Ireland Limited (MPIL) €91 million ($100 million) for storing in plaintext passwords of hundreds of millions of users. The incident occurred in 2019. At the time, Meta disclosed it publicly and notified DPC, which initiated an investigation into the tech giant’s practices for storing […]

2 mins read

Fraud ring pushes 600+ fake web shops via Facebook ads

A malicious fraud campaign dubbed “ERIAKOS” promotes more than 600 fake web shops through Facebook advertisements to steal visitors’ personal and financial information. The sites promote products from well-known brands and include significant discounts to draw in visitors but are only accessible via mobile devices to evade detection by security scanners. Recorded Future discovered the […]

5 mins read

Meta’s ‘Pay or Consent’ Data Model Breaches EU Law

Regulators say the tech giant breached the Digital Markets Act in requiring Instagram and Facebook users to pay if they don’t want personal data used to generate targeted ads. European Union regulators have accused Meta of breaching the bloc’s stringent new competition rules by compelling users of Instagram and Facebook to pay to avoid having […]

2 mins read