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Big fine for Big Tech? regulators’ (inActive breach of privacy battle

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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data-oriented economy she has, over In recent years, it has undergone a drastic change – a process that has gained unprecedented pace in The world And the in Turkey during the coronavirus pandemic.

Fines imposed by regulatory The authorities that intervened up Efforts, including expanding audits of It seems that data companies that have turned into monopolies are not enough yet in The face of constantly growing economy.

Turkish authorities, from the Competition Authority (RK), the Personal Data Protection Authority (KVKK), Information Technologies and Communication The BTK and the Banking Regulation and Supervision Agency (BDDK) of the Energy Market Regulatory Authority (EPDK) have to act not only through sanctions but also more makes sense for help enterprise ecosystem development,

finally, creating A fair ecosystem that grows is common goal of All Parties.

Penalties

Irish organizers this week announced I’ve been slapped Instagram with a big okay after investigation found The social media A platform that mishandled the personality of teenagers information in violation of The EU’s strict data privacy law, known as the General Data Protection Regulation (GDPR).

The Irish Data Protection Commission (DPC) said that made a final decision The company was fined 405 million euros ($402 million), with full Details are yet to be released.

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Instagram parent dead, which also Owned by Facebook, he said that while he “fully engaged” with Regulators throughout the investigation, “We disagree with how This fine has been calculated and it is intended to appeal.”

Although it may seem like A large amount, it is not the most important amount of money The company had to pay in The history of General Data Protection Regulation (GDPR), according to statistics from the Germany portalStatista.

The General Data Protection Regulation (GDPR) provides data regulators with a file power to impose heavy fines for breaches.

In other words, given power and income small on the scale of European Union. In Turkey, sanctions are not enough because effect of inflation.

Amazon, WhatsApp, and Google

Imposed fine on Instagram is second- The largest export under the strict privacy of the European Union rules After regulators in Luxembourg imposed a fine of 746 million euros on Amazon last year. Luxembourg National Committee for Data protection claimed that processing Amazon of Personal data not complied with European Union general data protection Regulation.

Amazon Followed By WhatsApp – also Owned by Meta – slapped with then-record A fine of 225 million euros last year by Ireland’s Privacy Watch. The penalty Came after investigation found Messaging app violated strict EU data protection rules on Transparency about sharing people’s data with Other Facebook Companies.

On the list of highest Fines, WhatsApp follows three counts of The Google for also Violation of the General Data Protection Regulation (GDPR), Facebook, and Swedish fashion company H&M, according to a table from Statista.

until retailers started in show themselves in terms of Penalties. It seems that almost every institution has taken steps By risking data breaches during the pandemic.

GDP is designed To protect privacy rights of EU personnel but applies to all companies that process or control personal information of EU residents, regardless of Where are those companies located. The regulation has been approved in April 2016 and took effect in May 2018.

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