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Penalties for data breaches should hit firms harder in the pocket

Harsher fines make for stronger deterrents, and this is crucial, given the increasing digitalisation of businesses

Claudia Chong

Claudia Chong

Published Mon, Nov 2, 2020 · 09:50 PM

THE recent data breaches at Lazada and Eatigo, as well as privacy lapses at other tech firms in Singapore, affirm the need for stiffer financial penalties and regulation by the authorities.

Singapore's amended data protection law, passed in Parliament on Monday, gives the Personal Data Protection Commission (PDPC) the power to impose harsher fines and to hold organisations accountable. This will bring the city-state up to speed with other jurisdictions.

Under the key c…

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