British telecoms regulator, Ofcom has fined TikTok £1.9 million ($2.4 million) for not promptly providing accurate safety data.
Ofcom criticized the platform, owned by Chinese company ByteDance, for providing incorrect information last year and not addressing the issue quickly.
TikTok admitted to giving Ofcom inaccurate data regarding the usage of its parental controls tool, significantly underestimating the number of users. The company apologized for the delay in correcting the error and stated that they are committed to cooperating with Ofcom and improving internal processes.
Ofcom acknowledged that TikTok’s breach was not deliberate and noted that the company self-reported the mistake. The fine is 25% below the maximum possible penalty due to TikTok’s cooperation and proactive steps to rectify the issue.
This action follows TikTok’s recent loss in an appeal against new EU digital regulations.
