May 182019
 

Sam Clark reports:

Lithuania’s data protection authority has fined a payments processing company for breaching three provisions of the GDPR.

The State Data Protection Inspectorate has levied a €61,500 fine against fintech company MisterTango for inappropriate data processing, disclosing personal data and failing to report a breach, it said today. The authority said that the fine should be seen as a “significant signal to other companies”.

MisterTango suffered a data breach in July 2018, when its customers’ personal information became available online. More than 9,000 screenshots of banking transactions also appeared online, according to the authority.

Observers said it is not yet clear whether the disclosure happened as a result of a technical error or a hack, though the company claims it was the former.

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