Italian regulator fines financial giant $36 million for data protection failures
ID: 6232b39d-9996-55fb-bb14-46f0523a22d3
STIX ID: report--6232b39d-9996-55fb-bb14-46f0523a22d3
Feed Name: The Record from Recorded Future News
Threat Score
The Italian Data Protection Authority fined Intesa Sanpaolo €31.8 million after an internal probe found an employee improperly accessed the banking information of 3,573 customers from February 2022 to April 2024; regulators cited serious shortcomings in technical and organizational security, failures in monitoring unauthorized access, and delayed/incomplete customer notifications, noting that many affected accounts were high-risk public figures and should have had stronger controls.
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