The UK’s Financial Services Authority has fined life assurance company Norwich Union Life £1.26 million ($2.54m, €1.77m) for “not having effective systems and controls in place to protect customers' confidential information and manage its financial crime risks” (statement).


https://www.infosecurity-magazine.com/news/norwich-union-life-fined-126m/
The UK’s Financial Services Authority has fined life assurance company Norwich Union Life £1.26 million ($2.54m, €1.77m) for “not having effective systems and controls in place to protect customers' confidential information and manage its financial crime risks” (statement).
Mon, 17 Dec 2007 00:00:00 GMT
https://www.infosecurity-magazine.com/news/norwich-union-life-fined-126m/

Source: InfosecMagazine
Source Link: https://www.infosecurity-magazine.com/news/norwich-union-life-fined-126m/