The issue applied to millions of Facebook and Instagram users.

Facebook-owner stored certain passwords of social media users

The issue applied to millions of Facebook and Instagram users.

DUBLIN :The lead European Union privacy regulator fined social media giant Meta 91 million euros ($101.5 million) on Friday for inadvertently storing some users' passwords without protection or encryption. The inquiry was opened five years ago after Meta notified Ireland's Data Protection Commission (DPC) tha

An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue.

An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue.

It follows an investigation into Meta inadvertently storing certain user passwords in plaintext on its internal systems, meaning they were not protected by encryption. The issue applied to millions of Facebook and Instagram users

An inquiry found multiple infringements.

Meta was punished with a 91 million euro fine from the social media giant’s European Union privacy regulator over a security lapse involving passwords for Facebook users.

Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.