The Philippines Senate has begun deliberations on the proposed Data Privacy Act, which includes monetary fines and jail terms for data breaches, unauthorized disclosure of data to a third party and disclosure of sensitive personal information, reports Business World. The bill's sponsor, Sen. Edgardo J. Angara, said the country lacks "the over-arching policy framework that upholds privacy laws and penalizes individuals for overstepping them." The Senate committee has approved the creation of a National Privacy Commission to implement the regulations once enacted. A Business Processing Association representative lauded the effort, saying, "a data privacy law will pave the way to increased client or investor confidence as it solidifies our commitment of data security to our foreign clients."
If you want to comment on this post, you need to login.