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Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A.: Insufficient technical and organisational measures to ensure information security

The Spanish DPA has imposed a fine of EUR 180,000 on Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A.

€180,000 Fine
Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A.
SPAIN
Art. 5 GDPR Art. 28 GDPR

Full text

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.

Industry: Finance, Insurance and Consulting

How it connects

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