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Piraeus Bank gets EU GDPR fine

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Published on: 19 April 2022

Published by LNB News

LNB News 19/04/2022

Document Information

Issue Date: 19 April 2022

Published Date: 19 April 2022

Jurisdiction(s): United Kingdom

Article summary

MLex has reported that Piraeus Bank has been fined €10,000 by the Greek Data Protection Authority (DPA) for failing to report a data breach and violating the EU’s General Data Protection Regulation, Regulation (EU) 2016/679 (EU GDPR) principles concerning accuracy and confidentiality. The data breach related to alert notifications being sent to the wrong person due to an incorrect e-mail address, the regulator said. The DPA further said the bank had become aware of this, but that it neither stopped sending alerts nor reported the data breach incident in time.

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