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ICO Probes Lloyds for Potential £1.36 Billion Privacy Breach

1/13/2026

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Summary

Story summary

The Information Commissioner’s Office (ICO) is investigating Lloyds Banking Group for a potential privacy breach after accessing data from 30,000 staff bank accounts during union pay negotiations.
Lloyds used aggregated data to claim its lowest-paid staff were better off than general population.
The ICO could fine up to £1.36 billion if a breach is confirmed.
The Accord staff union may pursue legal action if wrongdoing is found.
Lloyds maintains its commitment to fair pay.

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Story summary

The Information Commissioner’s Office (ICO) is investigating Lloyds Banking Group for a potential privacy breach after accessing data from 30,000 staff bank accounts during union pay negotiations.
Lloyds used aggregated data to claim its lowest-paid staff were better off than general population.
The ICO could fine up to £1.36 billion if a breach is confirmed.
The Accord staff union may pursue legal action if wrongdoing is found.
Lloyds maintains its commitment to fair pay.