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S-Pankki Oyj: Insufficient technical and organisational measures to ensure information security

€1,800,000 fine - Deputy Data Protection Ombudsman

€1,800,000 Fine
S-Pankki Oyj
FINLAND
Insufficient technical and organisational measures to ensure information security

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The Finish DPA has imposed a fine of EUR 1,800,000 on S-Pankki Oyj. Due to a software error, customers of the controller were able to log in to the bank accounts of other customers, resulting in financial losses.

GDPR Articles: Art. 5 (1) f) GDPR, Art. 25 (1) GDPR, Art. 32 (1), (2) GDPR
Industry: Finance, Insurance and Consulting