Revealed: FCA admits to three data breaches last year

Information made publicly available

Sophie King
clock • 1 min read

The Financial Conduct Authority (FCA) has admitted that there were three cases of data breaches in 2020 in response to a Freedom of Information (FOI) request submitted by Professional Adviser.

The regulator disclosed that there were three separate incidences where data was accidentally made available to the public or people who should not be able to access that information. PA asked what those breaches were in relation to, but the FCA said it was unable to reveal that information. In February last year, the FCA confessed to another data breach that saw confidential information accidentally made publicly available. It is unclear whether this data breach is included in the three the FCA admitted to above. In May, the financial watchdog said it had sent 4,430 of its empl...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Kevin Bailey and James Sullivan also unpack what value looks like

Professional Adviser
clock 04 July 2025 • 1 min read
Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Considered prescribing how firms should support ‘vulnerable consumers’

Isabel Baxter
clock 30 June 2025 • 2 min read
Targeted support: 38,000 current advice users expected to switch

Targeted support: 38,000 current advice users expected to switch

Firms could generate up to £499 in revenue per customer

Isabel Baxter
clock 30 June 2025 • 4 min read