Skip to Primary Navigation

Skip to main content

S-Bank fined €1.8m for data security vulnerability in its mobile app

Photo: Nina Kaverinen

Martina Lindberg

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Some customers fell victim to a data breach which caused financial losses.

The Sanctions Board of Tietosuojavaltuutetun toimisto – the Finnish Data Protection Ombudsman (DPO) – has fined S-Bank €1.8m ($2.1m) for data security failings within the authentication process of its mobile app S-Mobile.

In 2022, a software bug in the authentication service made it possible to log into the online services with the

The

, , , , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience