Data Protection Commission Slaps KeCredit, Faircash KES 2.9 Mn Penalty For Violating Data Privacy Rights

Editorial Desk
By Editorial Desk 1 Min Read

The Office of the Data Protection Commissioner (ODPC) has fined Mulla Pride Ltd KES 2,975,000, a Digital Credit Provider (DCP) operating KeCredit and Faircash for violating the Data Protection Act and data privacy rights.

The ODPC investigation revealed that Mulla Pride Ltd had unlawfully obtained the names and contact information of individuals from third parties, which were then used to send threatening messages and make harassing phone calls.

This Penalty Notice serves as a strong message to digital lenders and financial institutions that they must notify data subjects when collecting and processing their personal data.

The statement read in part

By imposing this penalty, the ODPC aims to ensure that data controllers are held accountable for their actions and are limited to dealing only with individuals who have given their informed consent.

With the rapid advancement of technology and the increasing reliance on digital platforms for financial transactions, it is crucial that data controllers prioritize data privacy and security.

The ODPC’s enforcement actions also highlight the need for stronger regulations and stricter penalties for those who fail to uphold data privacy rights.

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