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Raiffeisen Bank S.A – €170,000 Fine (Romania, 2019)

€170,000Autoritatea Națională de Supraveghere a Prelucrării Datelor cu Caracter Personal1 October 2019Romania
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Fine

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Raiffeisen Bank was fined for failing to protect customer data properly, leading to a data breach. This is significant because it shows that banks must prioritize data security to protect their customers.

What happened

Raiffeisen Bank S.A experienced a data breach due to inadequate security measures.

Who was affected

Customers of Raiffeisen Bank whose personal information was compromised were affected.

What the authority found

The DPA found that the bank did not meet the required security standards for protecting personal data.

Why this matters

This case highlights the need for financial institutions to strengthen their data security measures. Other banks should evaluate their security protocols to prevent similar breaches.

Recorded legal citations
Automatically processed
Art. 32(1) GDPR
Art. 32(2) GDPR
Art. 32(4) GDPR
View original scraped data
Art. 32(1) GDPR
Art. 32(2) GDPR
Art. 32(4) GDPR

Original imported citations before automated processing; the processing history does not establish independent verification.

Entities Involved

Raiffeisen Bank S.A
Vreau Credit S.R.L.

Source checks

Linked-source text retrieved.

Review needed — 6 March 2026.

Processing notes: amount discrepancy, entity split needed.

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Full Legal Summary
Detailed

DPA decision data breach security decision — Violation Found against Raiffeisen Bank S.A.

Details

Fine Date

1 October 2019

Authority

Autoritatea Națională de Supraveghere a Prelucrării Datelor cu Caracter Personal

Fine Amount

€170,000

GDPRhub ID

gdprhub-5

About this data

Data: GDPRhub (noyb.eu)
Licensed under CC BY-NC-SA 4.0
Automatically normalized and classified

Cite as: Cookie Fines. Raiffeisen Bank S.A - Romania (2019). Retrieved from cookiefines.eu

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