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Generali pays EUR4 million Spanish GDPR fine over cyberattack handling

( January 27, 2025, 12:21 GMT | Official Statement) -- MLex Summary: Insurance company Generali España has paid a fine of 4 million euros imposed by the Spanish data watchdog for violating the EU's General Data Protection Regulation. The fine was related to a cyberattack that exposed personal data, including names and bank details. Generali initially didn't notify the affected individuals, the watchdog said. After investigation, it was determined that the company failed to perform necessary data protection risk assessment, the regulator said. The fine was initially 5 million euros, but due to prompt payment, it was reduced by 20 percent.  The decision is attached in Spanish. ...

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