The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 12,000 against a person responsible of VBV-Pensionskasse AG The proceedings were concluded in an accelerated manner pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). Specifically VBV-Pensionskasse AG did not have effective IT risk, business continuity management and information security management in place at the time of the breach occurring. The penal order is final.