Mr Boutcher said the fine would “further compound” the PSNI’s financial situation.
It currently has a £34m shortfall in its budget.
“As a service we are in a different place today than we were last August and we have continued to work tirelessly to devalue the compromised dataset by introducing a number of measures for officers and staff,” he said.
“We have provided significant crime prevention advice to our officers and staff and their families via online tools, advice clinics and home visits.”
The Police Federation also expressed disappointment at the fine.
“A fine of this magnitude on an already cash-strapped PSNI will have a negative impact on the organisation,” its chairman Liam Kelly said.
“We would have preferred if PSNI could have been permitted to alternatively spend the funds on enhancing its data security and provide much needed reinvestment in community initiatives such as road safety and CCTV partnerships with councils.”
The PSNI is currently involved in settling a damages case brought by up to 7,000 of those impacted.
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