Company in the financial sector
Insufficient technical and organisational measures to ensure information security
Decision Date
April 12, 2019
Authority
Data Protection Authority of Baden-Wuerttemberg
DE
Sector
Finance, Insurance and Consulting
Country
DE
Law
GDPRStatus
FINALDescription
In an administrative decision dated 12 April 2019, the authority imposed a fine of 80,000 euros on a medium-sized financial services company. This company had failed to take the necessary care to preserve the integrity and confidentiality of information within the meaning of Art. 5 para. 1 lit. f GDPR when disposing of documents containing personal data of two customers. Thus, without prior anonymisation, the papers were disposed of in the general waste paper recycling system, where the documents were found by a neighbour.