- Enforcing jurisdiction
- Ireland · Geography does not establish applicable law.
- Confirmed applicable legislation
- Privacy topics
Bank of Ireland 365 – €750,000 Fine (Ireland, 2023)
Privacy enforcement record
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The Data Protection Commission in Ireland fined Bank of Ireland 365 for failing to protect user data, which led to unauthorized access to accounts. This case underscores the importance of robust security measures for online services.
What happened
Bank of Ireland 365 was fined for data breaches that allowed unauthorized access to users' accounts.
Who was affected
Customers of Bank of Ireland 365 whose accounts were compromised due to security failures.
What the authority found
The Commission found that the bank did not implement adequate measures to safeguard personal data, violating GDPR.
Why this matters
This ruling highlights the critical need for financial institutions and online services to enhance their security protocols to protect user data from breaches.
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The Irish DPA has fined Bank of Ireland 365 EUR 750,000. The bank had notified the DPA of 10 data breaches linked to the bank's app. Unauthorized persons had managed to gain access to the app as well as to other individuals' accounts. The DPA determined that this data breach was facilitated due to the bank's failure to implement appropriate technical and organizational measures to protect personal data.
Related Enforcement Actions (0)
No other enforcement actions found for Bank of Ireland 365 in IE
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
27 February 2023
Authority
Data Protection Commission
Fine Amount
€750,000
Enforcement Tracker ID
ETid-1696
About this data
Cite as: Cookie Fines. Bank of Ireland 365 - Ireland (2023). Retrieved from cookiefines.eu
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