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AXA REAL ESTATE INVESTMENT MANAGERS IBERICA S.A. y SEUR GEOPOST, S.L. – €80,000 Fine (Spain, 2024)
Privacy enforcement record
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AXA REAL ESTATE INVESTMENT MANAGERS IBERICA S.A. and SEUR GEOPOST, S.L. were fined €80,000 by the Spanish Data Protection Authority for a security incident. The companies failed to implement proper measures to protect personal data, which is crucial for keeping customer information safe.
What happened
The Spanish DPA imposed a fine of €80,000 due to a security incident caused by inadequate data protection measures.
Who was affected
Customers whose personal data was not adequately protected by AXA and SEUR GEOPOST were affected.
What the authority found
The authority found that the companies did not implement appropriate technical and organizational measures to safeguard personal data, violating GDPR Article 32.
Why this matters
This case highlights the importance of robust data protection practices for companies. It serves as a reminder that businesses must prioritize data security to avoid financial penalties.
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The Spanish DPA has imposed a fine on AXA REAL ESTATE INVESTMENT MANAGERS IBERICA S.A. y SEUR GEOPOST, S.L.. The controller had suffered a security incident which, according to the DPA, had occurred due to the company's failure to implement appropriate technical and organizational measures to protect personal data. The original fine of EUR 100,000 was reduced to EUR 80,000 due to voluntary payment.
Related Enforcement Actions (0)
No other enforcement actions found for AXA REAL ESTATE INVESTMENT MANAGERS IBERICA S.A. y SEUR GEOPOST, S.L. in ES
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
26 June 2024
Authority
Agencia Española de Protección de Datos
Fine Amount
€80,000
Enforcement Tracker ID
ETid-2397
About this data
Cite as: Cookie Fines. AXA REAL ESTATE INVESTMENT MANAGERS IBERICA S.A. y SEUR GEOPOST, S.L. - Spain (2024). Retrieved from cookiefines.eu
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