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Qatar Financial Centre issues company $150,000 fine for data breach

Posted on October 9, 2024 by Dissent

Asmahan Qarjouli reports:

The Qatar Financial Centre’s (QFC) Data Protection Office (DPO) has issued a $150,000 fine on a company under its license following a data breach that enabled access to personal data.

The measures, the first of their kind in Doha, were taken by DPO on Tuesday following an investigation that detected breaches of its Data Protection Regulations 2021, according to the Qatar News Agency (QNA).

Some of the violations included late notification as the company, which has not been named, failed to notify the relevant authorities about the breach within the 72-hour window. Other infringements included security failures and inadequate oversight, QNA added.

Read more at Doha News.

It’s understandable but still unfortunate that the DPO didn’t provide some details about the breach such as when it occurred, how it occurred, and what kinds of data were involved.

Category: Financial SectorNon-U.S.Of Note

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