Security News > 2020 > November > Swedish Insurer Folksam Exposes Data on 1 Million Customers
2020-11-04 15:44
Swedish insurance company Folksam on Tuesday revealed that data on 1 million customers was inadvertently shared with third-parties.
Immediately after discovering the issue, the company stopped the data sharing, contacted its partners to ask them to erase the data, and also informed authorities on the matter.
The idea behind the data sharing, Jens Wikström, head of marketing and sales at Folksam, explains, was to provide customized offers to its users, but the operation was not performed correctly.
Folksam says it is not aware of the impacted data being improperly used by third parties.
Folksam also noted that this incident shouldn't have happened and that it is working on ensuring that a similar data leak won't happen again.