Innovasjon Norge: Insufficient legal basis for data processing

€95,500 fine - Norwegian Supervisory Authority (Datatilsynet)

€95,500 Fine

Innovasjon Norge

NORWAY

Insufficient legal basis for data processing

May 18, 2021 Source

Content

The Norwegian DPA (Datatilsynet) fined the national development bank Innovasjon Norge NOK 1,000,000 (EUR 95,500). The controller had carried out several credit checks on the data subject without any contractual basis for doing so. For this purpose, the bank had analyzed numerous financial data of the data subject without the data subject's consent.

GDPR Articles: Art. 5 (1) GDPR, Art. 6 (1) GDPR
Industry: Finance, Insurance and Consulting