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Company in the financial sector: Insufficient technical and organisational measures to ensure information security
In an administrative decision dated 12 April 2019, the authority imposed a fine of 80,000 euros on a medium-sized financial services company.
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In an administrative decision dated 12 April 2019, the authority imposed a fine of 80,000 euros on a medium-sized financial services company. This company had failed to take the necessary care to preserve the integrity and confidentiality of information within the meaning of Art. 5 para. 1 lit. f GDPR when disposing of documents containing personal data of two customers. Thus, without prior anonymisation, the papers were disposed of in the general waste paper recycling system, where the documents were found by a neighbour.
Industry: Finance, Insurance and Consulting
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