TikTok has been hit with a 530 million euro fine by the Irish Data Protection Commission for violating the European Union's data privacy law by transferring user data to China. This significant penalty raises serious concerns about TikTok's data protection measures amidst increasing scrutiny from both EU and US regulators. Although TikTok claims compliance with EU laws, regulators worry about potential access to user data by the Chinese government. The company plans to appeal the decision, arguing that it did not consider its recent investments in data security within Europe.
TikTok was fined 530 million euros for insufficient data protection of European users, failing to prevent their personal data from being accessed in China.
The penalty announced by the Irish Data Protection Commission reflects serious breaches of the EU's General Data Protection Regulation, which TikTok has pledged to challenge.
Irish authorities express concern over TikTok's data safeguards, fearing that Chinese laws could allow government access to sensitive information of users across Europe.
TikTok's planned appeal emphasizes its investments in European data security, including a €12 billion initiative and a new data center in Finland to comply with regulations.
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