credit referencing agency

On March 24, 2023, the Austrian Supervisory Authority (“Austrian SA”) held that a credit referencing agency (“Agency”) breached the GDPR by unlawfully processing personal data obtained from a third party in order to process it to conduct credit assessments.  It decided that the Agency breached the GDPR’s principle of lawfulness because it did not have a valid legal basis to process the personal data.  This case will be relevant for organizations assessing their lawful basis for processing personal data.Continue Reading Austrian Supervisory Authority Issues Decision on the Collection of Personal Data by Credit Referencing Agency