Forrester’s Masami Kashiwagi, who Serves Security & Risk Professionals, recent blog was posted by a colleague on the BIIA Network Group on LinkedIn. Here is an excerpt of what he wrote about privacy regulations in Asia:
“Below are some of the broader trends we’re seeing across the region:
- Data privacy legislations are expanding and changing – A number of ASEAN governments have recently enacted or are planning to enact new privacy laws including Malaysia, the Philippines, and Singapore. Australia and New Zealand (A/NZ) are seeking to accommodate tighter privacy protection and have been debating the need for mandatory data breach notification.
- But, most jurisdictions fail to meet EU standards – The commonwealth nations, A/NZ and Hong Kong, developed comprehensive privacy laws with a single supervisory agent at an earlier stage than other Asian markets during the late ’80s and ’90s. New Zealand is the only jurisdiction that is considered to have “adequate protection” by the EU-directive up to date.
- Penalties for noncompliance are increasing – Recent amendments of existing privacy laws in Australia and Hong Kong allow the Privacy Commissioner to enforce significant data breach penalties. Violation of a newly enacted data privacy regulation by network service providers in China may result in financial penalties, cancellation of business permit, and/or criminal punishment.
- Cross-border transfer of personal data is unevenly controlled by different jurisdictions – Similarly to the EU, some jurisdictions like Australia, Hong Kong, and South Korea only permit personal data transfer when the destination country has adequate data protection and/or obtained prior consent from individuals. Other conditions may apply, or exporting personal data is not explicitly regulated by law in other markets in Asia.
Forrester’s recently published report titled “What You Must Know About Data Privacy Regulations In Asia Pacific” provides more detailed analysis and presents best practices for staying on top of these evolving requirements.”
Courtesy: Forrester Research Masami Kashiwagi Serves Security & Risk Professionals.
This article was posted on the BIIA Network Group on LinkedIn