( December 8, 2021, 16:29 GMT | Official Statement) -- MLex Summary: Financial services company NBQ Technology has paid a fine of 24,000 euros for violating the GDPR, the Spanish data protection authority said. The data subject complained that the company denied him or her financial transactions because of a negative credit information system for non-payment of a loan to the company, which the data subject hadn't contracted, the regulator said. The authority concluded that the company had processed the personal data by incorporating the data into its information system without legitimacy, in breach of Article 6 of the GDPR.The decision is attached in Spanish. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.