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Is Singapore ready as the GDPR deadline draws near?

A Veritas study reveals that 95% of firms in Singapore plan to drive changes to comply with the General Data Protection Regulation, aligned to European Union policies.

Though GDPR may seem to affect only those residing in the EU, local businesses should not dismiss the regulations, especially since Singapore is by far the EU's largest commercial partner in Asean.

AS Singapore works towards becoming a Smart Nation, it is important to strike a balance between leveraging Big Data to transform the economy and data privacy. On the business front, data relating to individual behaviours and preferences have translated into a competitive advantage for many...

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