TikTok fined €530 million by EU regulator over data protection

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TikTok was fined 530 million euros ($600 million) by its lead EU privacy regulator on Friday over concerns on how it protects user information and was ordered to suspend data transfers to China if its processing is not brought into compliance within six months. Ireland’s Data Protection Commissioner (DPC) said TikTok, owned by China’s ByteDance, failed to show that EU users’ personal data, some of which is remotely accessed by staff in China, was afforded the high level of protection provided for under EU law.

As a result, the short-video platform…



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TikTok fined €530 million by EU regulator over data protection


TikTok was fined 530 million euros ($600 million) by its lead EU privacy regulator on Friday over concerns on how it protects user information and was ordered to suspend data transfers to China if its processing is not brought into compliance within six months. Ireland’s Data Protection Commissioner (DPC) said TikTok, owned by China’s ByteDance, failed to show that EU users’ personal data, some of which is remotely accessed by staff in China, was afforded the high level of protection provided for under EU law.

As a result, the short-video platform…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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