Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

UniCredit Data Breach Fine

March 11, 2024
Reading Time: 2 mins read
in News

UniCredit, Italy’s second-largest bank, has incurred a €2.8 million fine from the country’s data protection authority due to a 2018 data breach. This breach, which targeted the bank’s mobile banking platform, impacted the personal information of over 750,000 customers. The authority emphasized the importance for banks to implement robust security measures to prevent unauthorized access to customer data.

This incident isn’t an isolated one for UniCredit, as it had previously faced similar breaches in 2017 and 2019. In 2017, approximately 400,000 customers were affected, while in 2019, over three million customers’ personal records were compromised. UniCredit’s response to the fine includes an intention to appeal, asserting that they had swiftly resolved the breach and that no bank data had been exposed.

The data protection authority’s sanction serves as a stark reminder for financial institutions to prioritize cybersecurity measures. It underscores the imperative for banks to proactively safeguard customer data against cyber threats. Despite UniCredit’s claims of prompt resolution, the severity of the breach warrants a closer examination of cybersecurity practices within the banking sector.

The ongoing challenges posed by data breaches highlight the critical need for continuous improvement in cybersecurity frameworks. Financial institutions must remain vigilant and proactive in identifying and addressing vulnerabilities to ensure the security and privacy of customer data. UniCredit’s case serves as a cautionary tale for the broader industry, emphasizing the importance of robust cybersecurity measures in today’s digital landscape.

 

Reference:
  • UniCredit hit with £2.3 million fine for data breach
Tags: Cyber NewsCyber News 2024Cyber threatsCybersecurityData BreachFineItalyMarch 2024NewsUniCredit
ADVERTISEMENT

Related Posts

NSA Veteran Takes Key US Cyber Command Role

Judge Warns Of PACER System Cyber Risk

June 27, 2025
NSA Veteran Takes Key US Cyber Command Role

US Charges Notorious Hacker IntelBroker

June 27, 2025
NSA Veteran Takes Key US Cyber Command Role

NSA Veteran Takes Key US Cyber Command Role

June 27, 2025
US Bill To Block Foreign Adversary AI

US Bill To Block Foreign Adversary AI

June 26, 2025
US Bill To Block Foreign Adversary AI

INTERPOL Reports Africa Cybercrime Surge

June 26, 2025
US Bill To Block Foreign Adversary AI

Google Gives AI Protocol To Linux Foundation

June 26, 2025

Latest Alerts

nOAuth Flaw Allows Easy Account Takeover

Unpatchable Flaw In Hundreds Of Printers

Open VSX Flaw Allowed Extension Hijacks

Fake Job Offers Hide North Korean Malware

New Malware Uses Prompts To Trick AI Tools

New Zero Day Flaw Hits Citrix NetScaler

Subscribe to our newsletter

    Latest Incidents

    Hawaiian Airlines Hit By Cyberattack

    Qilin Ransomware Gang Hacks Estes Freight

    Generali Customer Data Exposed In Hack

    Resupply DeFi Protocol Hacked For $9.6M

    Cyberattack Hits South Tyrol Emergency Ops

    UK’s Glasgow City Council Hit By Cyberattack

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial