Experian faces GDPR action after ICO finds ‘widespread data protection failings’
The Information Commissioner’s Office (ICO) has ordered credit rating giant Experian to stop profiting from the secretive enriching and processing of people’s personal data or face a massive GDPR fine.
The investigation found the three firms were trading, enriching and enhancing people’s personal data without their knowledge or consent. This resulted in products which were used by third-party commercial organisations to find new customers, identify those who were most likely to be able to afford products, and build individual profiles around people.
UK watchdog gives Experian nine-month ultimatum to change ‘illegal’ business practices or face punishment.