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DPA Fines Deutsche Postbank €120,000

FINANCIAL PRIVACY—GERMANY

May 13, 2010

The North Rhine-Westphalia data protection authority last week imposed a fine of €120,000 on Deutsche Postbank AG for illegal disclosure of customers' bank account transaction data, reports the Hunton & Williams Privacy and Information Security Law Blog. According to the report, the bank unlawfully allowed approximately 4,000 self-employed agents to access information on more than a million customer accounts for sales purposes.  
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