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Benzinga
Benzinga
Politics
Anusuya Lahiri

Russia Fined These US Companies Over Data Privacy Breach

United States Russia Nasdaq NYSE Pinterest Roskomnadzor Twitch Airbnb UPS Alphabet Inc
  • A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports.
  • Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million roubles.
  • In late May, Russia's communications regulator Roskomnadzor opened administrative cases against the companies for allegedly violating personal data legislation.
  • First-time offenders can get away with a penalty of 1-6 million roubles, Roskomnadzor said, which has also opened cases against Apple Inc (NASDAQ:AAPL).
  • Russia penalized Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google 15 million roubles in June for repeatedly failing to comply with Russian legislation on data storage after handing it a 3-million-rouble penalty in 2021.
  • Moscow has clashed with Big Tech over content, censorship, and more since Russia entered Ukraine on February 24.
  • The U.S. Big Techs restricted services in Russia following the Ukraine invasion.
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