Ireland

Irish Credit Bureau DAC

90,000 €

GDPR enforcement action by Data Protection Authority of Ireland on 2021-03-23.

Rank · Sector

#94

of 322 in Finance, Insurance and Consulting

Rank · Ireland

#23

of 36

Rank · All fines

#501

of 3,042

Case details

Authority: Data Protection Authority of Ireland
Date: 2021-03-23
Controller / Processor: Irish Credit Bureau DAC
Sector: Finance, Insurance and Consulting
Quoted Articles: Art. 5 (2) GDPR, Art. 24 (1) GDPR, Art. 25 (1) GDPR
Type of violation: Insufficient technical and organisational measures to ensure information security

Summary

The Irish DPA (DPC) has imposed a fine of EUR 90,000 on Irish Credit Bureau (ICB). The fine follows a data breach reported by the controller to the DPA on August 31, 2018. The controller is a credit reporting agency that maintains a database of credit contract performance between financial institutions and borrowers. The data breach occurred when the controller made a code change to its database that contained a technical error. As a result, between June 28, 2018 and August 30, 2018, the ICB database inaccurately updated the records of 15,120 closed accounts. The controller disclosed 1,062 inaccurate account records to financial institutions or affected individuals before the issue was resolved.

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