Intesa Sanpaolo Fined for GDPR Breach
Intesa Sanpaolo, an Italian bank, has been fined 31.8 million euros. The bank accessed customer data without permission. This happened for more than two years.
The Italian financial regulator imposed the fine due to serious problems with data security. Intesa Sanpaolo failed to stop an employee from accessing customer banking information. Over 3,500 clients were affected by this unauthorized access. The violation is linked to GDPR regulations. The bank is now facing legal consequences for the breach.
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Highlights
Intesa Sanpaolo Fined
Intesa Sanpaolo was fined 31.8 million euros by Italian regulators.
Data Breach Details
The bank accessed customer data without permission for over two years.
Number of Clients Affected
Over 3,500 clients’ banking information were accessed.
GDPR Violation
The breach violated General Data Protection Regulation (GDPR) rules.
Bank's Role
Intesa Sanpaolo is an Italian bank facing the fine.