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Nordnet could face penalty payment of millions over technical incident

  • Nordnet must report to authorities how customers accessed others' personal details within 72 hours of the incident discovery, according to Pihamaa.
  • The incident affected Nordnet's 630,000 customers in Finland, and users reported being able to submit market orders on behalf of others, as stated in media reports.
  • The Deputy Data Protection Ombudsman stated the incident could lead to significant penalties or reprimands for Nordnet, highlighting a serious security breach.
  • Authorities in Sweden are investigating the incident, and potential repercussions may include penalties or compliance orders, as mentioned by Pihamaa.
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Aftonbladet broke the news in Stockholm, Sweden on Tuesday, February 11, 2025.
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