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"Facebook" Encounters User Data Leak Again

Source:Iris Liang Time:2018-10-7 10:08:58

Recently, the US social media giant "Facebook" has once again suffered from large-scale user data leakage, and nearly 50 million users' accounts may be invaded or even stolen. This is the second time this company has experienced user data leakage this year. SEKO Machinery also values the importance of machine's processing data. Fully automatic Titanium alloy welded pipe production line could record every tiny data when working. So that it will correct parameter if error happens.
On October 3, local time, the "Facebook" European headquarters in Ireland began to investigate the incident, and the Irish Data Protection Commission is considering penalizing "Facebook." The latest personal data protection regulations in effect in May this year in the European Union can be effectively implemented, which is also a major focus of media attention.

According to the General Data Protection Regulations, which came into effect in May this year, any company must report to the regulatory authorities within 72 hours of the data breach. Although this may result in inaccurate reporting information, it will be beneficial to supervision. The agency quickly takes response measures. It is understood that if the "Facebook" is found to be in violation of the regulations in this incident, it will be fined 4% of the global turnover.

According to legal experts, according to the General Data Protection Regulations, Facebook users who are hacked can claim litigation and receive compensation if they can prove that they have suffered losses. The survey is also the first time that the social media giants such as Facebook have been investigated after the regulations came into effect. The results and processes of the survey have strong warning and demonstration effects, and therefore have received wide attention in the industry. Due to the huge amount, many people also question whether the relevant regulations of the regulations can be fully implemented.

EU launches new regulations on network data regulation this year
The EU General Data Protection Regulations are widely regarded as the most stringent network data management regulations in the history of the European Union. They not only impose strict penalties on companies that violate the regulations, but also have a wide management scope. It is also possible to govern not only companies with a registered location or headquarters in the European Union, but also companies that are “geographically” outside the EU.

According to its regulations, as long as the company provides products or services to users in the EU, or holds and processes data of users in the EU, it is within its jurisdiction. Since the “Facebook” European Operations Center is located in Ireland, the event was managed by the relevant Irish authorities.

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Iris Liang
SEKO Machinery & Technology Co., Ltd
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