Bank of Ireland
Insufficient technical and organisational measures to ensure information security
Decision Date
April 5, 2022
Authority
Data Protection Authority of Ireland
IE
Sector
Finance, Insurance and Consulting
Country
IE
Law
GDPRStatus
FINALDescription
The Irish DPA has fined the Bank of Ireland EUR 463,000. The bank had reported 22 data breaches to the DPA under Article 33 GDPR. As part of its investigation, the DPA found that the bank had provided false information to the Central Credit Register due to a mix-up of bank customers' account data. This error had the potential to have a negative impact on the creditworthiness of the data subjects. The DPA found that the personal data breach had occurred due to inadequate technical and organizational measures on the part of the bank. In addition, the bank did not immediately inform the data subjects and the DPA about the data breach.