Raiffeisen Bank SA – €28,000 Fine (Romania, 2022)
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 in Romania was fined €28,000 for mishandling customer data. They accessed credit agency data without consent, granted credit without applications, and sent personal data to the wrong people. This highlights the importance of having strong data protection measures in place.
What happened
Raiffeisen Bank accessed credit agency data without consent and mishandled customer data by granting credit without applications and sending data to incorrect recipients.
Who was affected
Customers whose data was accessed without consent and those who received credit they did not apply for.
What the authority found
The Romanian DPA found that Raiffeisen Bank failed to protect personal data adequately, leading to unauthorized access and disclosure.
Why this matters
This case emphasizes the need for banks and businesses to implement strong data protection measures to avoid unauthorized data access and potential fines.
GDPR Articles Cited
The Romanian DPA has imposed a fine of EUR 28,000 on Raiffeisen Bank SA. The bank had reported several data breaches pursuant to Art. 33 GDPR to the DPA. During its investigation, the DPA found that the bank conducted queries in a credit agency without the consent of the data subjects. In addition, the DPA found that the bank had granted credit to several customers without the affected customers having applied for it. Furthermore, the bank had inadvertently sent personal data of data subjects to wrong recipients, allowing them to access the data. The DPA found that the bank had failed to implement adequate technical and organizational measures to protect personal data. This resulted in unauthorized access and/or disclosure of personal data.
Related Enforcement Actions (1)
Other enforcement actions involving Raiffeisen Bank SA in RO
Details
Fine Date
16 November 2022
Authority
Autoritatea Națională de Supraveghere a Prelucrării Datelor cu Caracter Personal
Fine Amount
€28,000
Enforcement Tracker ID
ETid-1495
About this data
Cite as: Cookie Fines. Raiffeisen Bank SA - Romania (2022). Retrieved from cookiefines.eu
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