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The Italian Data Protection Authority has imposed a €31.8 million fine on Intesa Sanpaolo bank due to severe data security flaws that led to the hacking of over 3,500 client accounts, including those…
(ANSA) - ROME, MAR 12 - Italy's privacy watchdog on Thursday fined the country's biggest bank Intesa Sanpaolo €17.6 million for illicit data handling of some 2.4 million clients it unilaterally transferred to its digital banking unit Isybank Spa. "The Italian Data Protection Authority has fined Intesa Sanpaolo Spa €17,628,000 for unlawfully processing the data of approximately 2.4 million customers, unilaterally transferred to its wholly-owned subsidiary Isybank Spa, a fully digital bank," th...
The Italian data protection authority has imposed a €12.5 million fine on Poste Italiane and Postepay. The penalty was issued for privacy violations.
(ANSA) - ROME, MAR 30 - The Italian Data Protection Authority has fined Italy's biggest bank Intesa Sanpaolo S.p.A. €31.8 million for serious shortcomings in personal data security, due to the inadequacy of the technical and organizational measures adopted, the authority said Monday on a data breach notified in July 2024. The Authority's investigation, initiated following the data breach notified by the bank, found - a statement explains - that "an employee accessed, without justifiable reaso...