Avanza Bank AB
Insufficient technical and organisational measures to ensure information security
Data decyzji
24 czerwca 2024
Władza
Data Protection Authority of Sweden
SE
Sektor
Finance, Insurance and Consulting
Kraj
SE
Prawo
GDPRStatus
FINALOpis
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.