NAGA Markets Europe Ltd
€9,000
Insufficient technical and organisational measures to ensure information security
Decision Date
2 de maio de 2023
Authority
Cypriot Data Protection Commissioner
CY
Sector
Finance, Insurance and Consulting
Country
CY
Law
GDPRStatus
FINALDescription
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.
Legal Citations
Art. 5 (1)Art. 32 (1)
Issues & Violations
Insufficient technical and organisational measures to ensure information security