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Records Management Program <[log in to unmask]>
Date:
Tue, 23 Nov 2010 20:52:41 -0500
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German Financial Institution Fined 200,000 EUR for Illegal Data Access
and Customer Profiling
On November 23, 2010, the data protection authority of the German
federal state of Hamburg issued a €200,000 fine against financial
institution Hamburger Sparkasse AG (“Haspa”) for illegally allowing
its customer service representatives access to customers’ bank data,
and for profiling its customers. The bank cooperated with the DPA and
has discontinued the illegal practices.


http://bit.ly/eOhEeo

Source: http://www.huntonprivacyblog.com/2010/11/articles/european-union-1/german-financial-institution-fined-200000-eur-for-illegal-data-access-and-customer-profiling

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