Bank of Cyprus Public Company Ltd. – €8,000 Fine (Cyprus, 2023)
General GDPR enforcement action
This case relates to broader data protection obligations, not specifically to cookie or consent banner compliance. It is not included in cookie statistics or the Risk Calculator.
The Bank of Cyprus was fined €8,000 for keeping incorrect information about a customer. This mistake violated GDPR rules about data accuracy. Businesses must ensure they maintain accurate records to comply with privacy laws.
What happened
The Bank of Cyprus stored inaccurate data about a customer in its system.
Who was affected
A customer whose data was inaccurately stored by the Bank of Cyprus.
What the authority found
The authority ruled that the bank violated GDPR by not maintaining accurate data.
Why this matters
This case highlights the need for businesses to regularly check and update their data to ensure accuracy. It serves as a reminder that maintaining correct information is a key part of GDPR compliance.
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The Cypriot DPA has imposed a fine of EUR 8,000 on Bank of Cyprus Public Company Ltd.. The controller had stored inaccurate data about a data subject in its system.
Related Enforcement Actions (1)
Other enforcement actions involving Bank of Cyprus Public Company Ltd. in CY
Details
Fine Date
1 January 2023
Authority
Commissioner for Personal Data Protection
Fine Amount
€8,000
About this data
Cite as: Cookie Fines. Bank of Cyprus Public Company Ltd. - Cyprus (2023). Retrieved from cookiefines.eu
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