Over £12,000 settlement for leak of pensions information

The team here at Your Lawyers are pleased to have recovered over £12,000 in compensation for a client who suffered due to a leak of pensions information.

In this kind of incident, particularly personal and sensitive information can be misused or exposed. As such, it can be expected that the impact on a client can be significant.

This is why we are sometimes able to recover substantial sums in matters of this nature, as we were able to in this particular case.

In excess of £12,000 recovered for leak of pensions data

We are pleased to have recovered in excess of £12,000 for a client who we have represented in respect of a leak of pensions data.

In this matter, our client was notified that details with regards to their pension policy were sent to an old address that the company had on file. This was despite the fact that our client had previously updated their address details. Unfortunately, it appears that the company failed to ensure that correspondence would be directed to the correct address.

The context of any data breach is a significant factor to consider. Unfortunately, the information in question in this case was sent to a previous address that was occupied by a relative. Due to particular familial matters at the time, the impact of the leak of pensions information to this specific address caused a significant impact on our client.

Given the significance of the impact on our client, we were pleased to have been able to have secured a settlement in excess of £12,000 in damages. This was a positive settlement that was designed to reflect the impact that had been suffered by our client.

The importance of safeguarding sensitive financial information

Any leak of pensions information can be placed into the category of a sensitive financial data breach given the wealth of information that could potentially be misused or exposed. This case should act as a stark reminder as to the importance of safeguarding sensitive financial information, which can be easily exposed through simple errors, as we saw in this incident.

In short, it can only take one inadvertent mishap with an address not being updated and significant amounts of sensitive data could be directed to an incorrect address.

Improving information security and data protection compliance

At Your Lawyers – the Data Leak Lawyers – as leading privacy legal experts, we know that there is much more to our work than ensuring that we can fight for justice for those who have been affected by breaches of data protection laws. We also recognise the significance of our work in respect of helping to improve information security and data protection compliance. When punishments are served to companies who have failed in their duties, lessons should always be learned to make sure that incidents do not occur again. Whilst they often do occur again, legal cases can act as an additional deterrent to changing organisational ways.

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