Uncle Buck comments on recent ICO civil monetary penalty

The importance of maintaining strict data security procedures, both in terms of access to detailed data held, and physical security of data storage devices has been highlighted in recent ICO news in the public domain.

Customers need to feel confident that the data they supply at application and throughout the course of their relationship with a lender is protected as far as is reasonably possible and held and/or processed in accordance with the 8 data protection principles.

Each business should ensure that they have established and implemented clear, effective and appropriate policies and procedures for data security and that their systems and controls remain fit for purpose.

Uncle Buck Finance LLP takes customer data security very seriously. To protect customer data Uncle Buck has put in place suitable physical, electronic and managerial procedures to safeguard and secure data collected online. These are reviewed and monitored regularly. Uncle Buck’s privacy policy can be viewed on our website.

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