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BRAbank gets Norwegian GDPR fine for poor data security

( June 11, 2021, 14:38 GMT | Official Statement) -- MLex Summary: BRAbank, formerly known as Easybank, has received a fine of 400,000 kroner ($48,000) from the Norwegian data protection authority for violating GDPR Articles 24 and 32. The bank didn't carry out a risk assessment and failed to provide sufficient technical and organizational measures to ensure data security over the launch of a banking portal that allowed access to customers' loan conditions, the regulator said.Statement follows (in Norwegian). The decision is attached (in Norwegian)....

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