Avanza Bank AB

€1,300,000

Insufficient technical and organisational measures to ensure information security

Date de décision

24 juin 2024

Autorité

Data Protection Authority of Sweden

SE

Secteur

Finance, Insurance and Consulting

Pays

SE

Droit

GDPR

Statut

FINAL

Description

The Swedish DPA has imposed a fine of EUR 1.3 million on Avanza Bank AB. The controller had used so-called meta pixels on its website and app, which caused personal data such as securities holdings and account numbers to be transmitted to Meta. These transfers took place from November 15, 2019 to June 2, 2021 due to incorrect settings. After becoming aware of this, Avanza deactivated the pixels and confirmed that Meta had deleted the data. Avanza has also improved its internal data security processes.

Citations légales

Art. 5 (1)Art. 32 (1)

Questions et violations

Insufficient technical and organisational measures to ensure information security

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