Housing Finance Corporation

€10,000

Insufficient legal basis for data processing

Fecha de la decisión

10 de marzo de 2025

Autoridad

Cypriot Data Protection Commissioner

CY

Sector

Finance, Insurance and Consulting

País

CY

Ley

GDPR

Estado

FINAL

Descripción

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.

Citas legales

Art. 5 (1)Art. 24 (1)

Problemas e infracciones

Insufficient legal basis for data processing

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