The Liberty Times Net reports Taiwan's Legislative Yuan approved amendments to the Personal Data Protection Act's financial penalty scheme for private entities that violate data security provisions. The new fine scale will range between NTD20,000-2 million based on the severity of the violation. Additionally, violators that do not rectify shortcomings in a given timeframe will be subject to more severe penalties ranging between NTD150,000-15 million. The increased penalties will be served based on a case-by-case review.
Taiwan increases data breach fine scheme
Related stories
Privacy review: How to develop an internal data analytics program
TAKE IT DOWN Act: The next bipartisan US federal privacy, AI law
Privacy in the age of robotics: A discussion with Erin Relford
Notes from the IAPP Canada: An evolving approach to privacy amid geopolitical shifts
GPS 2025: Sam Altman, Alex Blania discuss Tools for Humanity's biometric technology