Bank of Cyprus Public Company Ltd.

€17,000

Insufficient technical and organisational measures to ensure information security

Date de décision

1 janvier 2022

Autorité

Cypriot Data Protection Commissioner

CY

Secteur

Finance, Insurance and Consulting

Pays

CY

Droit

GDPR

Statut

FINAL

Description

The Cypriot DPA has imposed a fine of EUR 17,000 on Bank of Cyprus Public Company Ltd. In the context of a sale of credit facilities, the bank had inadvertently transferred data of customers whose credit facilities had not been sold to the buyer. The incidents affected approximately 11,673 records and 5,500 individuals. The DPA found that the bank had failed to implement sufficient technical and organizational measures to protect personal data.

Citations légales

Art. 5 (1)Art. 24 (1)Art. 32

Questions et violations

Insufficient technical and organisational measures to ensure information security

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