Odia Kagan of Fox Rothschild writes:
A German Court has ordered pain and suffering damages as a result of a data breach, the first decision of its kind in Europe.
According to the judgment, Scalable Capital has to pay the plaintiff, represented by consumer organization EuGD Europäische Gesellschaft für Datenschutz mbH, € 2,500 in damages for non-material damage because he was affected by the Scalable data leak. The plaintiff from southern Germany is one of the 33,200 Scalable Capital customers whose e-mail addresses, copies of ID cards, photos and account numbers ended up on the Darknet between April and October 2020 as a result of a data leak.
Read more at Privacy Compliance & Data Security.