Can I hold my bank accountable if they unlawfully disclose my sensitive data?
March 17, 2023 | 40,00 EUR | answered by Alwin Reuter
Dear lawyer,
I am Otto Busch and I have a question regarding banking law. Recently, I found out that my bank has disclosed my sensitive data without my permission. I am very concerned about the security of my personal information and I wonder if I can hold my bank accountable for this.
The situation is as follows: Some time ago, I took out a loan with my bank and had to provide a variety of personal data such as my name, address, date of birth, and income details. I entrusted confidential information to the bank, firmly believing that it would be kept secure.
However, I recently found out that my bank has unlawfully shared my data with third parties without my consent. This has made me very worried and upset, as I fear that my sensitive information could be misused.
My question to you as an expert in banking law is therefore: Can I legally hold my bank accountable for the unauthorized disclosure of my sensitive data? What legal steps can I take to protect my privacy and prevent any potential harm?
I would be very grateful for your assessment and possible solutions in this matter.
Sincerely,
Otto Busch
Dear Mr. Busch,
Thank you for your inquiry regarding bank law in relation to the unauthorized disclosure of your sensitive data by your bank. It is understandable that you are concerned and upset about this situation, as the protection of your personal information is of utmost importance. As a lawyer specializing in bank law, I am available to answer your question in as much detail as possible.
Indeed, the unauthorized disclosure of your data by the bank constitutes a violation of data protection law. As a customer, you have the right to the protection and confidentiality of your personal information. Banks are obligated to securely store your data and only disclose it with your consent.
In your case, you could hold your bank legally liable for the unauthorized disclosure of your sensitive data. For example, you could claim damages for any financial or non-material harm caused to you by the disclosure of your data. Furthermore, you could also assert injunction claims against the bank to prevent future violations.
To initiate legal action against your bank, I recommend contacting a data protection officer or a specialized attorney in data protection law. Together, you can assess whether your bank has indeed violated applicable law and what steps you can take to protect your privacy.
It is important that you gather all relevant documents and evidence of the unauthorized disclosure of your data to support your claims. Depending on the severity of the violation, you may also involve the data protection authority to initiate an official investigation.
In conclusion, I want to emphasize that the protection of your personal data is of utmost importance and as a consumer, you have the right to defend your privacy. I hope that my explanations are helpful to you and I am available to clarify any further questions you may have.
Sincerely,
Alwin Reuter
Lawyer specializing in bank law
