AXA Real Estate Investment Managers Iberica S.A. – €100,000 Fine (Spain, 2024)
General GDPR enforcement action
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AXA Real Estate Investment Managers Iberica S.A. faced a data breach in May 2023 involving the mishandling of a USB device containing sensitive information for 143 individuals. Although the USB was encrypted, the password was sent within the same envelope, leading to the loss of both the device and its password. The AEPD initiated a sanction process, citing a violation of Article 32 of the GDPR for inadequate security measures. AXA was fined €100,000, reduced to €80,000 due to voluntary payment.
GDPR Articles Cited
AXA Real Estate Investment Managers Iberica S.A. faced a data breach in May 2023 involving the mishandling of a USB device containing sensitive information for 143 individuals. Although the USB was encrypted, the password was sent within the same envelope, leading to the loss of both the device and its password. The AEPD initiated a sanction process, citing a violation of Article 32 of the GDPR for inadequate security measures. AXA was fined €100,000, reduced to €80,000 due to voluntary payment.
Related Enforcement Actions (0)
No other enforcement actions found for AXA Real Estate Investment Managers Iberica S.A. in ES
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
7 June 2024
Authority
Agencia Española de Protección de Datos
Fine Amount
€100,000
GDPRhub ID
gdprhub-8269About this data
Cite as: Cookie Fines. AXA Real Estate Investment Managers Iberica S.A. - Spain (2024). Retrieved from cookiefines.eu
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