Italy’s data protection authority has fined UniCredit the country’s second-largest bank, 2.8 million euros ($3.1 million) for a data breach case in 2018, according to Reuters.
The massive cyber attack on the mobile banking platform resulted in the illicit acquisition of names, tax codes, and other identification codes for approximately 778,000 customers and former customers.
The sanction takes into account the large number of people involved in the data breach and its seriousness as well as the timely adoption of corrective measures, the authority said.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
