Italy fines Intesa Sanpaolo 18 mln euros for illicit processing of customer data

Italy fined Intesa Sanpaolo 17.6 million euros for illicit data processing of 2.4 million customers.

Source: Reuters (via feed)




Italy’s data protection authority fined Intesa Sanpaolo 17.6 million euros. The penalty relates to the illicit processing of data from about 2.4 million customers. The bank unilaterally moved this data to its digital unit, Isybank. The authority announced the fine on Thursday.

BizTrendWire Insight:

The decision involves the handling of customer data by Intesa Sanpaolo and its digital unit Isybank.


Read full story on Reuters

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