Italy Fines Intesa Sanpaolo 18 Mln Euros for Illicit Processing of ...
7 Articles
7 Articles
The penalty, of 17,6 million euros, is for having treated in unlawful way the data of the customers in automatic transfer of their accounts
It was announced by the same Authority, which with this measure closes a complex investigation, initiated following numerous reports
Privacy watchdog fines Intesa Sanpaolo €17.6 million
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. (ANSA)
TURIN – The Italian Data Protection Authority has fined Intesa Sanpaolo €17.628 million for the way it handled the personal data of approximately 2.4 million customers transferred to the digital bank Isybank. The measure concludes a complex investigation launched following numerous complaints from account holders, who had complained about unclear procedures in migrating their accounts to the group's new digital platform. How the customers were c…
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