Italy privacy watchdog fines Unicredit $3.1 million for data breach | Reuters

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Italy’s data protection authority has fined UniCredit (CRDI.MI), opens new tab, the country’s second-largest bank, 2.8 million euros ($3.1 million) for a data breach case in 2018 affecting thousands of customers and former customers, it said on Thursday.
The bank responded that it would appeal the decision to court, adding that no bank data had been compromised and the incident had been immediately resolved.
“Banks must take all necessary technical and organisational and security measures to prevent their customers’ data from being unlawfully stolen,” the authority said.

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