22 Oct '12, 8am

Are smaller firms more likely to breach Singapore's data protection bill?

Singapore reached its first data protection milestone with the passing of the Personal Data Protection Act (PDPA) on Oct. 15, 2012. Data protection is not foreign to Singapore businesses, with the banking, health, and telecommunications sectors already having some form of data protection legislation. However, this represents the first general data protection legislation which cuts across all industries, except the goverment. Very quickly, the MPs in Parliament warned that big companies with resources would be able to handle the new legislation with ease but smaller ones would be faced with mounting costs. Is there any truth in such assertions? To answer that, we only have to look back to 2004 when Singapore passed its first Competition Act. A similar piece of general legislation which cuts across all industries, the Competition Act had a transition period before enforcemen...

Full article: http://www.zdnet.com/sg/are-smaller-firms-more-likely-to-...

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