Irish regulators are slapping Instagram with a big fine after an investigation found the social media platform mishandled teenagers’ personal information in violation of strict European Union data privacy rules.
Ireland’s Data Protection Commission said by email Monday that it made a final decision last week to fine the company 405 million euros ($402 million), though the full details won’t be released until next week.
The penalty is the second-biggest issued under the EU’s stringent privacy rules after Luxembourg’s regulators fined Amazon 746 million euros last year.
Instagram parent Meta, which also owns Facebook, said that while it had “engaged fully” with regulators throughout the investigation, “we disagree with how this fine was calculated and intend to appeal it.”
