Italian DPA fines UniCredit $3M over data breach GDPR lapses
By 
Kyle Brasseur2024-03-11T15:54:00
The Italian data protection authority, Garante, announced a fine of 2.8 million euros (U.S. $3 million) against UniCredit for alleged violations of the General Data Protection Regulation (GDPR) regarding insufficient security measures the bank had in place during a cyberattack.
The penalty, assessed in February but revealed by Garante in a translated newsletter Thursday, came in response to a 2018 data breach at UniCredit that exposed the information of hundreds of thousands of customers.
UniCredit said in an emailed statement it would challenge the regulator’s decision.
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