Spotify slapped with $5 Million by Swedish Privacy Body
Spotify is to submit a fine of about $5 million imposed by the Swedish Privacy Body for violating the rules and standards of the EU Data Policy. Further, the company will submit its request of appeal before the decision.
Highlights
- Spotify rejects the IMY findings
- A privacy activist group called Noyb followed by fine
- Spotify is on the list of the New York Stock Exchange
A giant music streaming platform Spotify was fined $5 million (approx. Rs. 40 crores) for not properly revealing to the users how data it collected on them and then it sued. Told by the Swedish Authority.
Spotify is about to submit its appeal against the decision.
Swedish Authority for Privacy Protection (IMY) revealed that it had reviewed “how Spotify handles customers’ right of access to their personal data.”
“As a result of the shortcomings identified, IMY is imposing a fine of SEK 58 million (approx. Rs. 40 crores) on the company,” told authority about the company.
The lawmakers and regulators of such laws have noted down that customers or the users have the right to know about the rules of the companies how data the company is taking from the users and in which way such data is being used by that company.
The regulatory body IMY said the company Spotify practices the handout of the data it had whenever requested by an individual, but the company was not in a position to travel exactly in which way the data is being used by the company.
“Since the information provided by Spotify has been unclear, it has been difficult for individuals to understand how their personal data is processed and to check whether the processing of their personal data is lawful,” IMY told.
The regulators also added “shortcomings discovered are considered, overall, to be of low severity,” which is motivating the size of the fine by Spotify’s user council and revenue.
In response to the fine, Spotify said IMY “found only minor areas of our process they believe need improvement, however, we don’t agree with the decision and to file an appeal,” said the company.
