Experian’s GDPR Blunder: Netherlands Slaps EUR 2.7 Million Fine for Data Mishandling
Experian Netherlands has been fined EUR 2.7 million for GDPR violations. The Dutch Data Protection Authority found the company used improperly collected personal data without informing customers. Experian, one of the world’s largest credit reporting companies, faced complaints about its practices influencing interest rates and deposits. The company will delete its entire database.
Hot Take:
Well, it seems like Experian Netherlands just learned the hard way that the AP stands for “Astonished Penalty!” Who knew that collecting data from every Tom, Dick, and Harry without their consent could land you in hot water? Apparently not Experian! Now they’re paying a hefty price for their ‘peek-a-boo, I see you’ approach to personal data. Better luck next time, folks!
Key Points:
- Experian Netherlands fined EUR 2.7 million for GDPR violations.
- Dutch Data Protection Authority (AP) found improper use of personal data.
- Experian collected data from public and private sources without consent.
- Credit checks affected interest rates and deposits for unsuspecting individuals.
- Experian Netherlands to cease operations and delete personal data by year-end.