Housing Finance Corporation
€10,000
Insufficient legal basis for data processing
Datum der Entscheidung
10. März 2025
Behörde
Cypriot Data Protection Commissioner
CY
Sektor
Finance, Insurance and Consulting
Land
CY
Recht
GDPRStatus
FINALBeschreibung
The Cypriot DPA has imposed a fine of EUR 10,000 on the Housing Finance Corporation. The controller stored client loan data for longer than necessary and did not ensure that the data was correct. This resulted in the controller incorrectly declining a client's loan application.
Juristische Zitate
Art. 5 (1)Art. 24 (1)
Probleme und Verstöße
Insufficient legal basis for data processing