Enforcement · Cypriot Data Protection Commissioner EN LLM context A cited markdown file you can paste into your AI assistant (ChatGPT, Claude, a RAG or project knowledge base) to ground it in this document. Contains: this document’s text, its sections with their topics, and the full text of every law provision it applies. Everything links back to its source on overview.legal — legal information, not advice.
NAGA Markets Europe Ltd: Insufficient technical and organisational measures to ensure information security
The Cypriot DPA has imposed a fine of EUR 9,000 on NAGA Markets Europe Ltd.
Full text
The Cypriot DPA has imposed a fine of EUR 9,000 on NAGA Markets Europe Ltd. The controller had suffered a data breach in which an unknown person accessed the company's database, holding the data of approximately 342,000 customers. The DPA found that the controller had not implemented appropriate technical and organizational measures to protect personal data, which facilitated such a breach.
Industry: Finance, Insurance and Consulting
How it connects
References
Related across sources
14/2021 Cypriot court backs DPA fines of €40,000 each on football clubs and €25,000 on processor On 26 July 2021, a journalist informed the Cypriot DPA of a security vulnerability on an online platform. This online platform hosted ticket purchase sites of two Cypriot football… Administrative Court of Cyprus May 12, 2026 Controllers Processors Supervisory Authorities
Guidelines 4/2019 Article 25 Data Protection by Design and by Default Version 2.0 Adopted on 20 October 2020 Guidelines on data protection by design and by default Guidelines ·EDPB Oct 20, 2020 Privacy by Design & Default Privacy by Default Privacy by Design
C-741/21 GP v juris GmbH In Case C-741/21, the Court of Justice of the European Union (Third Chamber) addressed a preliminary reference from the Landgericht Saarbrücken in proceedings between data subject… CJEU ·Third Chamber Apr 11, 2024 Liability Personal Data Integrity and Confidentiality Principle
C-340/21 VB v Natsionalna agentsia za prihodite C-340/21 (VB v Natsionalna agentsia) CJEU Dec 14, 2023 Integrity and Confidentiality Principle Data Breaches Notification Obligation
Guidelines 07/2020 concepts of controller and processor in the GDPR Guidelines ·EDPB Jul 7, 2021 Controllers Processors IP Address
Opinion 15/2025 certification criteria of BDO Consulting GmbH ·Opinion ·EDPB Jul 14, 2025 Certification Supervision Supervisory Authorities