4FINANCE SPAIN FINANCIAL SERVICES, S.A.U. – €360,000 Fine (Spain, 2024)
General GDPR enforcement action
This case relates to broader data protection obligations, not specifically to cookie or consent banner compliance. It is not included in cookie statistics or the Risk Calculator.
4FINANCE SPAIN FINANCIAL SERVICES, S.A.U. faced a fine after a data breach allowed unauthorized access to customer profiles. The Spanish data protection authority found that the company did not take the right steps to protect personal data. This case highlights the importance of having strong security measures in place to safeguard customer information.
What happened
4FINANCE SPAIN FINANCIAL SERVICES, S.A.U. experienced a data breach that led to unauthorized access to customer profiles.
Who was affected
Customers whose profiles were accessed without permission during the data breach were affected.
What the authority found
The Spanish data protection authority ruled that the company failed to implement adequate security measures to protect personal data, violating GDPR requirements.
Why this matters
This ruling emphasizes that companies must prioritize data security to prevent breaches. It serves as a warning for other businesses to ensure they have effective protection measures in place.
GDPR Articles Cited
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The Spanish DPA has imposed a fine on 4FINANCE SPAIN FINANCIAL SERVICES, S.A.U.. The controller had suffered a data breach that led to the unlawful access to customer profiles. During its investigation, the DPA found that the controller had failed to take appropriate technical and organizational measures to protect personal data in order to prevent such an incident. The original fine of EUR 600,000 was reduced to EUR 360,000 due to voluntary payment and acknowledgement of responsibility.
Related Enforcement Actions (0)
No other enforcement actions found for 4FINANCE SPAIN FINANCIAL SERVICES, S.A.U. in ES
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
7 May 2024
Authority
Agencia Española de Protección de Datos
Fine Amount
€360,000
About this data
Cite as: Cookie Fines. 4FINANCE SPAIN FINANCIAL SERVICES, S.A.U. - Spain (2024). Retrieved from cookiefines.eu
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