noyb WINS: Austrian authority forbids unlawful credit scoring by KSV1870

The Austrian data protection authority has ruled against KSV1870, the country's leading credit information agency, following a complaint filed by noyb, the European Center for Digital Rights. This decision marks a victory for consumer data protection and highlights the ongoing scrutiny of credit scoring practices within the European Union. The ruling is expected to influence how credit agencies collect and use personal data for assessing creditworthiness. The Austrian authority found that KSV1870's methods for credit scoring were unlawful, specifically citing concerns about the processing of personal data. Further details of the ruling are not provided in this source, but this decision addresses the legality of KSV1870’s data processing practices. The original complaint was brought forward by noyb against the credit information agency KSV1870 and the energy provider Unsere Wasserkraft. This ruling has implications for consumers in Austria, as it could lead to changes in how their creditworthiness is assessed. This case also underscores the broader impact of GDPR, as it demonstrates the importance of protecting consumer data in digital contexts. As EU member states continue to enforce data privacy laws, expect stricter enforcement of rules governing personal data.