Countries all over the globe have been changing their data privacy landscape to account for the information protection required in the digital age. Organizations are handling large amounts of personal data gathered from numerous sources. This will only increase as more apps, communication platforms, and websites deploying more targeted advertising emerge. To avoid mishandling of sensitive information and give consumers more control, privacy reform has been trending. Now Singapore has made the list, as major amendments to the Personal Data Protection Act (PDPA) passed in November 2020 and has completely refocused the country’s data privacy priorities.
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As consumer privacy continues to be a global concern, it is increasingly important to know where company data resides in order to maintain compliance. It is no longer just the European Union’s General Data Protection Regulation (GDPR) that organizations need to be mindful of when creating privacy compliance plans. Now, there are several other laws both in the U.S. and abroad that could generate additional obligations and cross-border issues.
read more Data privacy is an ongoing hot topic. Since the European Union’s General Data Privacy Regulation (GDPR) became effective in 2018, many nations have followed suit and passed or proposed laws providing consumers with more control over their data.
read more In 2020, like most other industries, the energy sector faced extreme challenges stemming from the pandemic. People were relying less on energy due to workforce and lifestyle changes. Last year also brought market dislocations when the global demand for oil disappeared and the price for a barrel of oil shrank to unprecedented low levels.
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