Details:

Summary 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.
Link: link
Related articles:  Art. 5 (1) f) GDPR, Art. 32 (1) b), d) GDPR
Type: Insufficient technical and organisational measures to ensure information security
Fine: EUR 9,000
Sector Finance, Insurance and Consulting

 

All data is based on The CMS’s Law GDPR Enforcement Tracker Source: https://www.enforcementtracker.com/

Tags: case law