- Enforcing jurisdiction
- Cyprus · Geography does not establish applicable law.
- Confirmed applicable legislation
- No confirmed legal basis recorded.
- Privacy topics
Cyprus Electricity Authority – €5,000 Fine (Cyprus, 2022)
Privacy enforcement record
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The Cyprus Electricity Authority was fined EUR 5,000 for failing to protect customer data during a sale of credit facilities. This case is important because it underscores the need for companies to implement strong data protection measures.
What happened
The authority failed to protect customer data when transferring records during a sale of credit facilities.
Who was affected
Approximately 11,673 records and 5,500 individuals whose data was improperly handled were affected.
What the authority found
The authority was found to have inadequate technical and organizational measures to protect personal data during the transfer.
Why this matters
This ruling emphasizes the importance of data protection measures during business transactions. Companies should strengthen their data security practices to prevent similar breaches.
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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.
Related Enforcement Actions (0)
No other enforcement actions found for Cyprus Electricity Authority 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
€5,000
About this data
Cite as: Cookie Fines. Cyprus Electricity Authority - Cyprus (2022). Retrieved from cookiefines.eu
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