Banking

Data watchdog starts probe of Central Bank over GDPR breach

Data Protection Commission has launched a formal inquiry after the regulator admitted to holding borrowers’ credit information for three months longer than it was allowed to

Central Bank of Ireland headquarters in North Wall Quay, Dublin. Picture: Fergal Philips

Ireland’s data watchdog has opened a formal inquiry into the Central Bank after it admitted to holding information on thousands of borrowers for longer than the law allows.

In a statement on Friday, the Central Bank confirmed that the Data Protection Commission (DPC) has commenced a probe into the breach, as part of which the credit histories of more than 20,000 people were viewed by lenders in a breach of the General Data Protection Regulation ...