The fine is the second highest levied under GDPR (after Amazon) and the third highest for a Meta-owned company (after WhatsApp and Facebook) handed down by the Irish regulator. Plus, according to Politico which broke the story, the Irish DPC has at least six more investigations pending of Meta-owned companies. More information will be released by the DPC within the week.
TrustArc’s third annual Global Privacy Benchmark Report found that as the list of global laws has grown and risks become more prevalent, demands on companies have increased substantially. Now 90% of medium and large enterprises have privacy offices, but the reporting line still varies significantly, with 18% reporting to a CPO, 16% respectively to a CISO or CFO, 13% to a CTO, and 10% to a CIO.
Ironically, just last month Kocheva was lauded for announcing a new Privacy Block feature that is intended to protect health data on its platform – but, they can’t have it both ways and users will need to consider where to put their trust.
If you still think that MCP stands for Male Chauvinist Pig, well, the 1970’s want their disco ball back. Today’s hep cats know that MCP stands for Model Context Protocol, a new-but-widely supported standard that lets large language models access structured data as context for their prompts. Early adopters include Salesforce and Adobe, and search platform Algolia is now using it to feed their data to customer-facing real-time AI agents.