Estonian banks have not yet decided whether to take action after LHV Bank notified the Financial Intelligence Unit (FIU) claiming that it had gained unlawful access to its data.
LHV is claiming €247,000,000 from the FIU over the alleged unlawful access of the bank’s data, including transactions and bank account statements, over a five year period.
The bank believes the FIU actively obtained and unlawfully accessed its clients’ bank account statements 1,289 times, between January 1, 2020, and July 18, 2025.
FIU head Matis Mäeker told ERR it had followed the law.
Other banks are following the case and looking at their options, Saturday’s “Aktuaalne kaamera” reported.
More read: ERR.EE
