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ING BANK N.V., SUCURSAL EN ESPAÑA: Insufficient legal basis for data processing

€1,600,000 fine - Spanish Data Protection Authority (aepd)

€1,600,000 Fine
ING BANK N.V., SUCURSAL EN ESPAÑA
SPAIN
Insufficient legal basis for data processing

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The Spanish data protection authority (AEPD) has imposed a fine on ING BANK N.V., SUCURSAL EN ESPAÑA. As part of the verification process for new banking customers, ING carries out measures to identify the person. This process involves the processing of personal data and therefore requires a legal basis. The AEPD decided that there was no sufficient legal basis for a particular data matching. The original fine of EUR 2 million was reduced to EUR 1.6 million due to immediate payment.

GDPR Articles: Art. 6 (1) GDPR
Industry: Finance, Insurance and Consulting