Italian insurer under fire after data found in bin

Italian insurer under fire after data found in binAachen, Germany  - An Italian-owned insurance company was under investigation in Germany Wednesday after printouts listing its customers and their bank account numbers were found unshredded in a rubbish bin.

Passers-by noticed the papers in an unlocked bin parked outside a shopping centre in the city of Aachen and reported it to the police, who impounded the whole bin.

City police confirmed the documents came from Aachen Muenchener, the German unit of insurer Generali. They said thousands of customers were listed by name, address and bank account.

No comment was available from Aachen Muenchener.

Authorities may lay charges of improper disposal of sensitive data against whoever was to blame.

Police said the bin belonged to a waste-disposal company.

"The bin was stuffed full," said a police spokeswoman. There was a lock on the lid, but it was not shut.

Bettina Gayk, the state data privacy commissioner who has powers to impose fines for privacy breaches, said it seemed that the Generali subsidiary had closed an office and asked a waste company to destroy the files there.

Failing to direct waste contractors to properly dispose of data can mean a fine of up to 250,000 euros for the data owner, a spokeswoman for Gayk added.(dpa)