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DSK Bank – €511,000 Fine (Bulgaria, 2019)

€511,000Commission for Personal Data Protection28 August 2019Bulgaria
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Fine

Privacy enforcement record

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DSK Bank was fined for a data leak that exposed sensitive information of over 33,000 customers. The bank failed to implement proper security measures, leading to unauthorized access to personal data. This case highlights the need for strong data protection practices in financial institutions.

What happened

DSK Bank experienced a data leak due to inadequate security measures.

Who was affected

Over 33,000 bank customers whose personal data was exposed were affected.

What the authority found

The authority found that DSK Bank violated GDPR by not ensuring adequate protection of personal data.

Why this matters

This ruling emphasizes the critical importance of data security in the banking sector. Financial institutions must strengthen their security protocols to protect customer information and avoid significant fines.

Recorded legal citations
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Art. 32 GDPR
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Art. 32 GDPR

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Full Legal Summary
Detailed

Leakage of personal data due to inadequate technical and organisational measures to ensure the protection of information security. Third parties had access to over 23000 credit records relating to over 33000 bank customers including personal data such as names, citizenships, identification numbers, adresses, copies of identity cards and biometric data.

Related Enforcement Actions (0)

No other enforcement actions found for DSK Bank in BG

This is the only recorded action for this entity in this jurisdiction.

Details

Fine Date

28 August 2019

Authority

Commission for Personal Data Protection

Fine Amount

€511,000

Enforcement Tracker ID

ETid-72

About this data

Data: CMS GDPR Enforcement Tracker
Licensed under CC BY-NC-SA 4.0
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Cite as: Cookie Fines. DSK Bank - Bulgaria (2019). Retrieved from cookiefines.eu

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