ISSUE 19 - 06 NOV OCT, 2020
Newsletter The latest privacy news, views and announcements Join Beacon AI CEO Niamh Parker at The 2020 Entrepreneur Experience™
Good afternoon, We hope you had a great week and are looking forward to the
CorkBIC presents the 2020 Entrepreneur
weekend. Here is another exciting news roundup from the
Experience™ on November 12th & 13th. The 10th edition consists of inspiring insights from seasoned
world of privacy. Enjoy the highlights we have selected.
entrepreneurs and some of the CorkBIC Alumni
PRIVACY NEWS IN BRIEF
including Beacon AI CEO Niamh Parker.
Singapore updates data protection law to exclude user consent for 'legitimate' business purposes Singapore has updated its Personal Data Protection Act (PDPA) to allow local businesses to use consumer data without prior consent for some purposes, such as business improvement and
A mix of interviews, presentations and deep dive panel
research. The amendments also allow for harsher financial
discussions will take place featuring entrepreneurs
penalties to be meted out for data breaches, above the previous
sharing their experiences, journeys, challenges, wins,
cap of SG$1 million. The changes were passed in Parliament on
losses and how we can all learn from of them.
Monday 1 November 2020, some eight years after the legislation was introduced in October 2012. The Act is administered by the
book your place
Personal Data Protection Commission (PDPC). In his speech discussing the amendments, Singapore's was a key economic asset in the digital economy as it provides
Californians consider expanding landmark data privacy law
valuable insights that inform businesses and generate
Two years ago, California became the first state to pass
efficiencies.
a sweeping digital privacy law seen as the strongest of
It will also empower innovation and enhance products, and will
its kind in the United States. Voters are now deciding
be a critical resource for emerging technologies such as artificial
whether to refine and expand that law, or leave it as is.
intelligence (AI) that hold transformative potential, Iswaran said.
If approved, Proposition 24 would update a 2018 law
Singapore's regulatory architecture, therefore, must evolve and
that gave Californians the right to know what
keep pace with these shifts, he noted. Pointing to efforts in
information companies collect about them online, the
establishing digital economy agreements, he said such initiatives
right to get that data deleted and the right to opt out of
positioned the Asian nation as "a key node in the global network
the sale of their personal information.
of digital flow and transactions".
The new measure would triple the fines for companies
The amendments to the PDPA are also aimed at ensuring its
that violate kids’ privacy or break laws on the collection
legislation regime is "fit for purpose" for a digital economy with a
and sale of children’s private information. It would
complex data landscape, the minister added.
create a dedicated state agency to enforce the new law,
Communications and Information Minister S. Iswaran said data
Source ZDnet.com
with an annual budget of $10 million. .
Source Associated Press