Raiffeisen Bank S.A – €170,000 Fine (Romania, 2019)
General GDPR enforcement action
This case relates to broader data protection obligations, not specifically to cookie or consent banner compliance. It is not included in cookie statistics or the Risk Calculator.
Raiffeisen Bank was fined €170,000 for not properly securing personal data. They failed to protect customer information, which is crucial for maintaining trust and privacy. This case highlights the importance of strong data security measures for all businesses handling personal data.
What happened
Raiffeisen Bank failed to implement adequate security measures to protect personal data.
Who was affected
Customers of Raiffeisen Bank whose personal data was not properly secured.
What the authority found
The authority found that Raiffeisen Bank violated GDPR by not ensuring the security of personal data as required under Article 32.
Why this matters
This enforcement action underscores the critical need for companies to prioritize data security to avoid hefty fines and maintain customer trust. Businesses should regularly review and update their security practices to comply with GDPR requirements.
GDPR Articles Cited
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Entities Involved
DPA decision data breach security decision — Violation Found against Raiffeisen Bank S.A.
Related Enforcement Actions (1)
Other enforcement actions involving Raiffeisen Bank S.A in RO
Details
Fine Date
1 October 2019
Authority
Autoritatea Națională de Supraveghere a Prelucrării Datelor cu Caracter Personal
Fine Amount
€170,000
GDPRhub ID
gdprhub-5About this data
Cite as: Cookie Fines. Raiffeisen Bank S.A - Romania (2019). Retrieved from cookiefines.eu
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