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By Benoit MAYOLINI Youcef DAMMANE, Fairman Consulting
In July 2017, the largest Italian Bank, Unicredit Bank, confirmed that several bank accounts have been hacked exposing the personal data of about 400.000 clients, constituting one of the biggest breach in the financial industry in Europe as of today. Unicredit Bank discovered it several months later putting therefore at risk thousands of private data that could have been misused.
In the current increasingly digital world, companies are managing large amounts of data, including sensitive and personal data, and use them to conduct their business with customers' trust as the sword of Damocles. To maintain trust, financial companies need to guarantee customers that the confidentiality of their...
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