TikTok fined Rs 507 crore

 

Dublin: The European Union has fined TikTok $600 million (approximately Rs 507 crore) for allegedly leaking user data. The action comes after a four-year investigation by Ireland's Data Protection Commission (DPC) found that TikTok had transferred the personal data of European users to China, putting users' privacy at risk.

TikTok admitted that some European users' data was stored in China, but the company claims that it has now deleted that data. The company explained that it never shared European users' data with Chinese authorities and will appeal the decision. The DPC has ordered TikTok to bring its data processing practices into line with EU rules within six months. If the company does not do so, it may have to temporarily suspend data transfers to China.

This is the third largest fine imposed under the European Union's General Data Protection Regulation (GDPR). Earlier, Meta was fined 1.2 billion euros in 2023. TikTok plans to set up three data centers in Europe under an initiative called Project Clover to help keep user data more secure. The company says the initiative is to strengthen data security. The case reflects growing concerns about data privacy and security issues globally. Especially when companies operate in different countries, they need to comply with local laws and regulations.