Fino

Data Protection Authority of Sweden · 24 June 2024

Avanza Bank AB

Insufficient technical and organisational measures to ensure information security

Fine€1,300,000Fine issued
Regulator
Data Protection Authority of Sweden
Decided
24 June 2024
Country
Sweden
Sector
Finance, Insurance and Consulting
Regulator’s reference
Not recorded
Fino case number
2024/SE/004
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What happened

The DPA fined Avanza Bank AB €1,318,955.55 (SEK 15 million) for a violation of Articles 5(1)(f) and 32 GDPR since the accidental activation of two functions of Meta Pixel led to the unauthorised transfer of personal data to Meta.

Summary from the GDPRhub page for this decision, written by its volunteers, not by Fino. CC BY-NC-SA 4.0.

Rules involved

  • Data principles
  • Data security

Sources

The facts on this page come from the sources above, as they recorded them. Nothing has been estimated or filled in. Not legal advice.

Spotted a mistake? Write to angelillolorenzo@gmail.com and quote 2024/SE/004.