Discuss the importance for companies like Facebook to make use of an appropriate risk classification system. Using your

own relevant examples, examine how the FIRM risk classification system can assist Facebook and based on the case

study, evaluate which two risk classifications materialised.Pleae take this pharagraph into account.The Irish Data Protection Commission $($DPC$),$ which first launched an inquiry into Meta $($that$$s Facebook$$s parent company$)$

back in August $2020,$ concluded its investigation earlier this month, and found that Meta Ireland$$s transferring of personal

data between Europe and the United States breached the General Data Protection Regulations $($GDPR$).$