• Mon. Sep 26th, 2022

Neonews.online

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Indonesia will adopt a new data privacy law

Индонезия собирается принять новый закон о конфиденциальности данных

New data privacy law after wave of leaks

Data operators could get a maximum fine of Rs 5 billion ($337,000) and up to five years in prison under Indonesia’s new data privacy law for disclosing or utilizing people’s personal information improperly.

Due to an upsurge in breaches at businesses and government institutions over the previous year, Indonesia was compelled to draft a law to strengthen its cyber security.

The country’s digital economy will grow by $146 billion by 2025.

The passage of a data privacy law is crucial because, by 2025, Indonesia’s digital economy is expected to reach $146 billion.

According to Joel Shen, director of international law firm Withers, “the approval of the new law is overdue and, if correctly administered, it will be a much-needed boost for Indonesia’s big and expanding tech sector.”

If the measure is passed, Indonesia will become the fifth nation in Southeast Asia with specific privacy laws.

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