Banking
Central Bank could face watchdog fine over GDPR breach
The bank has admitted it held borrowers’ credit information for three months longer than it was allowed to, which may have affected the loan applications of up to 20,500 people
The Central Bank could face a fine by the country’s data watchdog after admitting it held borrowers’ credit information for longer than it was allowed to.
The regulator last week said it retained borrowers’ details on the Central Credit Register (CCR) for three months longer than the five years it is allowed to.
The bank confirmed that the issue constituted a breach under data protection legislation, and conceded that the error could have influenced the ...
