UniCredit announced its cyber-security team has identified a data breach that compromised the personal records of approximately three million clients in Italy, highlighting some critical data protection compliance lessons for all in the financial services industry.
The financial services firm said the latest breach relates to a 2015 file containing the names, telephone numbers, and e-mails of the clients. “No other personal data or any bank details permitting access to customer accounts or allowing for unauthorized transactions have been compromised,” the bank stated. UniCredit said it “immediately launched an internal investigation and has informed all the relevant authorities.”

