Inadmissible sale of customer data via “asset deals”
6 August 2015
After an asset deal in which inter alia data of private customers were sold, the Bavarian Regional Authority for the Supervision of Data Protection (Bayerisches Landesamt für Datenschutzaufsicht, BayLDA) has imposed fines against the buyer and the seller.
In the course of asset deals customer data such as telephone numbers, e-mail addresses, bank account and credit card data as well as purchasing histories are often sold. According to the opinion of the Bavarian Regional Authority for the Supervision of Data Protection, however, this is only admissible, if the corresponding customers have consented to the transfer of such data or at least have been informed about the planned transfer in advance, have been granted a right to object and have not objected.
More detailed information about this decision can be downloaded here (in German language).