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Poste Italiane fined more than 12.5 Million Euros by Italy's privacy watchdog

The privacy watchdog in Italy announced on Monday that it fined Poste Italiane and Postepay, its payments card division, a total amount of over 12.5 million euro ($14.7million) for the illicit processing of millions of user's personal data.

Poste, a company that offers financial and payment services in addition to its traditional postal services, has issued a statement rejecting all allegations. It also reaffirmed the "correctness and transparency" of its actions.

Italian data watchdog said some features in Poste's mobile applications, which were designed to identify malicious software, are excessively intrusive, and not strictly required for fraud prevention purposes.

The watchdog stated that it had identified several breaches in data protection laws, including inadequate user information and an absence of a "proper" impact assessment of data protection.

Poste responded by saying that it had "lawfully" accessed the technical data of a customer's device, in compliance with payment services legislation. This was done for the sole purpose of activating its anti-fraud and anti-malware safeguards.

(source: Reuters)