If this happens or happened in the past, each affected individual has the right to file a data breach claim. According to UK law, the financial institution has to pay data breach compensation of up £5,000 for personal data breach.
If you do not have time or desire to argue with Lloyds bank on your own, get in touch with DataClaim. We can get your GDPR data breach compensation at zero stress and no risk for you.
The bank customers’ information is held by Lloyds Bank plc that makes part of Lloyds Banking Group. The privacy notice outlines how the clients’ privacy is protected by Lloyds Bank according to GDPR and DPA. It clarifies:
The bank collects personal information from its Banking Group and from the following sources:
As required by law, the bank can share personal information with external parties only if there is a legitimate reason for doing so, such as:
As one of the examples, the bank shall carry out credit checks to provide the clients with loans or credit cards. This involves sharing the private data such as account balance and funds going into the account with Credit Reference Agencies (CRAs). In return, the agencies provide their opinion.
All important information will be shared with the CRAs. If the client reports that he has a spouse or a partner, a financial link, this information will be part of the records. This is because it is helpful for the evaluation of the client’s financial position.
Such sharing and exchange of information shall be done to handle the risks for the bank and its clients, identify, examine and prevent financial crime.
The client has every right to withdraw his consent on the storage and use of personal data. Moreover, under GDPR, Lloyds has to change or remove data or provide a copy of personal data as per Data Subject Access Request (DSAR).
Here are some examples of the Data Protection Act breach cases that took place at Lloyds or affected the clients of Lloyds:
If you feel like your data is part of Lloyds data protection breach, please contact the expert team of DataClaim. We would be happy to handle all the claiming process on your behalf based on No-Win, No-Fee basis.
You are eligible for data breach compensation UK if:
You can claim data protection breach compensation regardless of below:
Check if your case is eligible for breach of confidentiality compensation. The medium data breach compensation amount can go as high as £5,000.
What is so special about DataClaim, and how we can help you?:
Whenever you experience a data breach such as a cyber attack or bank breach of the Data Protection Act, you should contact the ICO (Information Commissioner's Office). This UK public body enforces data privacy rights.
You can as well get in touch with DataClaim. The company can manage your data breach claim and get privacy breach compensation for you at zero cost.
Yes, you should submit a data breach claim within 6 years after the breach occurred. This is valid for all personal data breaches that happened at UK institutions. Even though you have a lot of time to ask for your GDPR compensation, we strongly advise you to file a claim as soon as it occurs.
It all depends on the gravity of the data breach. Usually, if your general personal data is compromised, you might seek up to £2,000 in compensation. You do not have to suffer a financial loss to get compensation. If sensitive information is exposed, such as financial or medical records, you can get GDPR breach compensation of up to £5,000 and up to £15,000 depending on the severity of the incident.
If you have faced a personal data breach, get in touch with the Information Commissioner’s Office, the ICO. You can also contact the experts at DataClaim who can get your breach of data compensation free of charge.
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