Re: Credit adgencies should be regulated
Credit rating agencies already are regulated, both in the US and EU, on account of their incompetence in the run up to the 2008 financial crisis. But that is sector focused on how they do the job of credit ratings.
Data protection remains with the "relevant competent authorities" so in the UK the ICO, and the paltry fine reflects the failure of national politicians to update local laws, partly because GRPR was coming along, partly because the likes of Google and Facebook were very effective in lobbying for trivial penalties to continue.
Biting the hand that feeds IT
