ING Bank N.V. Amsterdam
Industry
--
Country
Romania
Headquarters
--
Website
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Total Fines
2
Total Amount (USD)
$173K
Headlines
0
| Date | Regulation | Authority | Amount (USD) | Summary |
|---|---|---|---|---|
| 2019-11-29 | GDPR | Romanian National Supervisory Authority for Personal Data Processing (ANSPDCP) | $86,400 | The Romanian branch of ING Bank N.V. Amsterdam was fined with €80,000 due to not respecting data protection principles (privacy by design și privacy by default) by not implementing adequate technical measures to ensure the protection of personal data. As a consequence of this, a total of 225,525 had their transactions doubled on debit card payments during the period of 8-10 October 2018.This is one of the bigger fines in Romania, but it’s interesting to note that for similar offenses in other countries fines of over several millions of Euros are usually awarded. This denotes again the fact that different countries have different approaches to GDPR enforcement. |
| 2019-11-28 | GDPR | Romanian National Supervisory Authority for Personal Data Processing (ANSPDCP) | $86,400 | -- |
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