Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. – €180,000 Fine (Spain, 2025)
General GDPR enforcement action
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Spain's data protection authority fined Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. €180,000 after a cyber attack revealed their weak security measures. The company also failed to have a proper agreement with a third-party data processor. This case highlights the importance of strong data protection practices.
What happened
The company was fined for inadequate security measures that led to a cyber attack and for lacking a proper data processing agreement with a third party.
Who was affected
Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. and the individuals whose data was compromised in the cyber attack.
What the authority found
The Spanish data protection authority found that the company did not implement sufficient technical and organizational measures to protect personal data.
Why this matters
This fine underscores the necessity for businesses to invest in robust data security measures and to ensure proper agreements with any third-party service providers. It serves as a warning that neglecting data protection can lead to significant financial penalties.
GDPR Articles Cited
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The Spanish DPA has imposed a fine of EUR 180,000 on Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. The controller suffered a cyber attack due to insufficient technical and organisational measures. The controller also used a third party data processor with which the controller had no sufficient data processing agreement. The original fine of EUR 300,000 was reduced to EUR 180,000 due to immediate payment and admission of responsibility by the controller.
Related Enforcement Actions (0)
No other enforcement actions found for Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. in ES
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
4 September 2025
Authority
Agencia Española de Protección de Datos
Fine Amount
€180,000
Enforcement Tracker ID
ETid-2875
About this data
Cite as: Cookie Fines. Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. - Spain (2025). Retrieved from cookiefines.eu
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