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Bank fined €50,000 for GDPR violation by Spanish regulator

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Bank fined €50,000 for GDPR violation.

The Spanish data protection authority has fined a bank €50,000.

Bankia S.A. breached the GDPR by retaining personal data of an individual for more than 16 years – despite the fact that they were no longer a client.

Insight

Many organisations habitually keep personal data on an indefinite basis, either because they do not appreciate that it is unlawful to do so, or because they do not have policies and procedures in place to systematically  delete/destroy data. This is the latest case to demonstrate that it is a breach of the GDPR to keep data when it is no longer needed. (The fact that this data was not accessed or lost is irrelevant).

If your organisation is looking to comply with the requirements of the GDPR then take a look at how our CSaaS and DPaaS solutions can help.

We were looking for a virtual DPO service that offered all of the benefits of a fully qualified data protection lawyer, without the overheads of an in-house hire. The DPaaS solution from norm. has been invaluable in helping us to ensure we respect the integrity of our customers’ personal information, while using it to continue to deliver differentiated products and services which support our growing customer base.

Mike Whitfield, Compliance Manager
Marmalade

I’m thrilled to have signed off on the CSaaS offering.  I’m looking forward to having the most complete cyber security package for the mid-market and continuing our successful working relationship with norm.

Richard Taylor, CIO
Summit Therapeutics

CSaaS allows me to step away from multi-vendor management as the Security Operations Centre coordinates all of the technology for me.

David Vincent, CTO
Perpetuum

We were in the market for an independent Data Protection Officer service that was well versed with both UK and EU regulators. We’re thrilled to have acquired this service knowing that an expert is available 24/7.

Suzanne McCabe, Head of Project Management
James Hambro & Partners

Norm’s penetration testing layer, along with the suite of CSaaS modules has enabled MA to exceed all its audit requirements for its major clients.

Rob Elisha, ICT and CRM Manager
Montreal Associates

The speed of your Data Protection Officer’s response was very impressive – it was far quicker than I would have expected even from an in-house DPO

Will Blake, Director of Technology and Analytics
CRU Group