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.
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).