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⍰ ASK How does electronic banking comply with data protection laws in the United Kingdom?

When you use electronic banking, it follows strict rules to keep your info safe, mainly from the GDPR. Banks use strong security measures, like encryption, to protect your data when it's sent or stored.

Banks always ask you if they can use your info, making everything clear in their privacy policies. If something goes wrong, like a data breach, they take it seriously and have plans to fix it fast.

They also regularly check to make sure electronic banking systems stick to these rules. They want us to know about privacy too, so they teach us how to control our data when we are using electronic banking.
 

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