Trygg-Hansa, an insurance company, was penalized $3 million by the Swedish Authority for Privacy Protection (IMY) for disclosing private information belonging to thousands of clients online.
Trygg-Hansa is an asset management and investment advisory firm in addition to being an insurer for people, businesses, and government entities.
After learning that Moderna Försäkringar (now a subsidiary of Trygg-Hansa) customers may access the insurer’s backend by clicking on links provided on quotation pages emailed to clients, IMY launched an investigation into the company read more Insurer fined $3M for exposing data of 650k clients for two years.
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