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I'm honestly curious if Equifax would fall under GDPR regulations? I'm sure there's some overlap of EU citizens who have lines of credit in the US. We're havi
by existencebox 9y ago
I'm honestly curious if Equifax would fall under GDPR regulations? I'm sure there's some overlap of EU citizens who have lines of credit in the US.
We're having to prep for that at my corp currently, and it's VERY explicit about being able to pull up and remove all personal data, with some very hefty fines if you don't.
EDIT: thought about this further and peeked at our guidelines, they may be able to get around this by the "data is integral to the function of the business" exemption, but I'd still wonder if someone could speak with authority on this.
- zAy0LfpBZLC8mAC 9y ago> they may be able to get around this by the "data is integral to the function of the business" exemption That's probably more of an "integral to fulfilling its contractual obligations to those the data is about". It's more complicated than that, but the point is that you cannot simply declare it the purpose of your business to collect personal information and thus be exempt from data protrection regulation.