Cyprus

Bank of Cyprus Public Company Ltd.

17,000 €

GDPR enforcement action by Cypriot Data Protection Commissioner on 2022.

Rank · Sector

#174

of 322 in Finance, Insurance and Consulting

Rank · Cyprus

#10

of 47

Rank · All fines

#1,145

of 3,050

Case details

Authority: Cypriot Data Protection Commissioner
Date: 2022
Controller / Processor: Bank of Cyprus Public Company Ltd.
Sector: Finance, Insurance and Consulting
Quoted Articles: Art. 5 (1) f) GDPR, Art. 24 (1) GDPR, Art. 32 GDPR
Type of violation: Insufficient technical and organisational measures to ensure information security

Summary

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.

Open original source Links to the regulator's original publication or another source.