TikTok slapped fined $600 million over data sharing

Ireland’s Data Protection Commission, which acts as the lead EU watchdog for many global tech firms headquartered in Dublin, led the investigation. It said TikTok failed to ensure that data accessed by employees in China was protected at a level “essentially equivalent” to EU standards, as required under the General Data Protection Regulation (GDPR). The $600 million penalty includes about $550 million for unlawful data transfers and about $50 million for transparency violations. The penalty is the third-largest ever under the GDPR and part of a growing European scrutiny targeting Big Tech’s data practices. TikTok may face a suspension of data transfers to China if it doesn’t comply within six months.Last month, TikTok acknowledged that limited European user data had been stored on servers in China, contrary to previous claims, and that it has since been deleted. Is the fight against Tiktok justified ?