Brazilian bank Inter pays fine over customer data leak

Angelica Mari reports:

Brazilian bank Inter has achieved a settlement over a major security flaw that leaked data of nearly 20 thousand account holders earlier this year.

Under the conclusion for the case, announced by Brazil’s Public Prosecutor’s Office (PPO) on December 18, the bank will pay 1.5 million reais ($382,000) as a means to repair the collective moral damages related to the incident.

In July, the PPO’s special unit focused on matters related to data protection and artificial intelligence filed a lawsuit against the bank, following investigations that began in May and confirmed the exposure of the customer data, digital certificates and the bank’s AWS EC2 private access details.

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