- Enforcing jurisdiction
- Cyprus · Geography does not establish applicable law.
- Confirmed applicable legislation
- No confirmed legal basis recorded.
- Privacy topics
Universal Life Insurance Public Co Ltd. – €3,500 Fine (Cyprus, 2022)
Privacy enforcement record
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Universal Life Insurance Public Co Ltd. was fined EUR 3,500 after a data breach exposed customer information to others. The data protection authority found that the company failed to properly manage its relationship with the service provider handling customer data. This case shows the importance of having strong contracts with service providers to protect customer information.
What happened
A data breach at Universal Life Insurance led to personal data of customers being mistakenly disclosed to other customers.
Who was affected
Customers of Universal Life Insurance were affected by the data breach.
What the authority found
The authority concluded that the company did not ensure its service provider had adequate measures to protect personal data, violating GDPR requirements.
Why this matters
This case highlights the need for companies to have clear agreements with their service providers to safeguard personal data. It serves as a warning that poor management of data relationships can lead to significant fines.
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The Cypriot DPA has imposed a fine of EUR 3,500 on Universal Life Insurance Public Co Ltd. The processor of the data controller had suffered a data breach in which personal data of customers were mistakenly disclosed to other customers. During its investigation, the DPA found that the controller had failed to contractually regulate the relationship with its processor. The DPA concluded that the controller had contracted a processor without ensuring that the processor provided sufficient guarantees for the implementation of appropriate technical and organizational measures to protect personal data.
Related Enforcement Actions (0)
No other enforcement actions found for Universal Life Insurance Public Co Ltd. in CY
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
1 January 2022
Authority
Commissioner for Personal Data Protection
Fine Amount
€3,500
Enforcement Tracker ID
ETid-1620
About this data
Cite as: Cookie Fines. Universal Life Insurance Public Co Ltd. - Cyprus (2022). Retrieved from cookiefines.eu
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