LinkedIn, the social networking platform designed for professionals and businesses, has been fined $335 million USD by the Irish Data Protection Commission for violating Europe’s General Data Protection Regulation. According to reports, the social network failed to obtain consent from users to process their data for its targeted advertising practices, which is a clear violation…
American Airlines: $50 Million Fine
American Airlines is a major airline in the United States, founded in 1926 and headquartered in Fort Worth, Texas. It is the largest airline in the world when measured by scheduled passengers carried, revenue passenger miles, and daily flights. According to reports, American Airlines has been fined $50 million USD by the United States Department…
Volkswagen Financial Services To Pay $7 million Fine
Volkswagen Financial Services is a business unit of Volkswagen AG founded in 1994 and headquartered in Braunschweig, Germany. It offers a range of products and services to support the company’s brands. According to reports, the UK’s financial services unit has been fined $7 million USD by the UK’s Financial Conduct Authority (FCA) for failing to…
AT&T To Pay $13 Million Fine
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It was founded in 1883 and is the world’s third-largest telecommunications company by revenue. According to reports, AT&T has agreed to pay $13 million USD to settle an investigation over a data breach of a cloud vendor in…
Home Depot: $1.9 Million Fine
The Home Depot, Inc. is an American multinational home improvement retail corporation founded in 1978 and headquartered in unincorporated Cobb County, Georgia. It sells tools, construction products, appliances, and other services. Home Depot is the largest home improvement retailer in the United States. According to reports, Home Depot has agreed to pay nearly $2 million…
Uber: $324 Million Fine In Netherlands
Uber, the ride-hailing company, has been fined $324 million USD by the Dutch Data Protection Authority (DPA) in the Netherlands for transferring personal data of European drivers to the United States. According to reports, the investigation was initiated on behalf of complaints from over 170 French Uber drivers. The transfer of personal data to the…
PayPal: $27.3 Million Fine
PayPal has been fined $27.3 million USD by the antitrust and consumer protection authorities in Poland for failing to clearly state which activities could result in penalties for consumers in its contractual clauses. According to reports, UOKiK said that prohibited activities were described in an unclear manner, making it difficult for users to understand what…
India: $2.25 Million Binance Fine
India’s Financial Intelligence Unit (FIU) has issued a fine of $2.25 million USD to Binance for violating the country’s anti-money laundering regulations. The FIU is a central national agency in India that is in charge of monitoring and controlling financial activities in the country and identifying patterns and suspicions of money laundering crimes. According to…
Italy: $3.8 Million Meta Fine
Italy’s competition authority, AGCM, has fined Meta, the parent company of Facebook and Instagram, a sum of $3.8 million USD for engaging in unfair commercial practices in the handling of user data on Instagram and Facebook. According to AGCM, Meta failed to inform users registered on Instagram via the web about the commercial use of…
Binance: $4.38 Million Fine
The Canadian anti-money laundering agency has issued a fine of $4.38 million USD to Binance for violating the money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada’s financial intelligence unit. It was established in 2000 and is responsible for overseeing compliance with the country’s anti-money laundering…