For every day that Meta remains out of compliance during the 90-day period, it will be assessed the equivalent of $100,000. The fine period would run until the end of October, and should Meta be out of compliance for the full duration it would end up paying a total of $9 million.
Norway suspended the operation of its contact tracing app "Smittestopp" after being ranked among the world’s most privacy-invasive apps, next to Bahrain and Qatar.
Norfund, the sovereign wealth fund of Norway, has lost over $10 million to BEC scam and it appears that the scammers had spent months inside the networks leading to the fraud.