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Piraeus Bank gets Greek GDPR fine over confidentiality breach and failure to report

( March 30, 2023, 10:38 GMT | Official Statement) -- MLex Summary: Piraeus Bank has been fined 30,000 euros by the Greek data protection authority for illegal processing of data for illegal disclosure of data and for failure to report a data breach, in violation of the EU's GDPR. The bank had passed the data subject's account information to the opposing party in a lawsuit, the regulator said. The bank found out it was an employee's mistake and decided not to report the incident — either to the data subject or to the regulator — because it considered it had taken sufficient technical and organizational measures. The authority concluded that the bank had violated the principles of lawfulness and data confidentiality, as well as its obligation to report an incident.The decision is attached in Greek. ...

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