FinExtra reports:
UniCredit, Italy’s second-largest bank, has been fined €2.8 million (£2.3 million) by the country’s data protection authority over 2018 data breach case.
The 2018 cyber attack on the bank’s mobile banking platform impacted the data over 750,000 customers. The sanction, announced on Thursday, is a reminder that “banks must take all necessary technical and organisational and security measures to prevent their customers’ data from being unlawfully stolen,” the authority commented.
The 2018 breach was no outlier for UniCredit.
Read more at FinExtra.