The Swedish data protection authority, Integritetsskyddsmyndigheten, fined Klarna Bank 7.5 million kronor after an investigation found it did not comply with several rules of the EU General Data Protection Regulation. During the inquiry, Klarna “continuously” changed the information provided on how the company handles personal data. Klarna did not provide the legal basis for how personal data was processed under one company system and provided “misleading” information about who received personal data when data was shared with Swedish and foreign credit information companies.
29 March 2022
Swedish DPA fines bank for EU GDPR violations
Related stories
Privacy in the age of robotics: A discussion with Erin Relford
GPS 2025: Sam Altman, Alex Blania discuss Tools for Humanity's biometric technology
Notes from the IAPP Canada: An evolving approach to privacy amid geopolitical shifts
GPS 2025: European regulators reflect on pay or consent enforcement, concerns
GPS 2025: Collaboration, precision highlight future of US state privacy law enforcement