Data hk is the process of collecting and analysing information that can be used to make better business decisions. It’s a powerful tool that can be used across many industries including financial services, insurance and marketing. It can help businesses to understand trends, develop new products, predict customer behaviour and identify problem areas. Data hk can be gathered from both primary sources like field observations and secondary sources such as published reports.
Under the Hong Kong Personal Data Protection Policy (“PDPO”), personal data is defined as any information relating to an identifiable individual. The definition of personal data is similar to that under the General Data Protection Regulation (“GDPR”) in mainland China and in Europe. The PDPO does not allow the use of personal data in ways that are contrary to the law.
For example, a company cannot sell an individual’s personal data without their consent. The PDPO also requires that a data user informs the individual of the purpose for which they will be using their personal data and the classes of persons to whom the personal data will be transferred. The PCPD has also developed a set of model contractual clauses designed to aid data transfers between data users.
The close ties between Hong Kong and the Mainland mean that cross-boundary data flows are commonplace. However, this needs to be balanced with data privacy and security concerns. The HK-GBA Memorandum of Understanding signed on 29 June 2023 will help to facilitate cross-boundary data flow while providing adequate safeguards for personal privacy and data security.
It is important to remember that a data user must be able to demonstrate that their processes and systems will protect the personal data they collect from unauthorised access, loss or damage. Data users are also liable for the actions of their agents and contractors. For example, a data processor must comply with the requirements of PDPO and must be contractually bound to implement appropriate technical and organisational measures in order to ensure that personal data is protected against unauthorised access or processing, accidental loss, destruction or damage.
Despite these complexities, the use of personal data is still essential for business success. By following the tips in this article, you can minimise the risks to your business and maintain efficient compliance with data privacy regulations. Padraig Walsh, Partner in the Tanner De Witt Data Privacy practice group, is a leading expert on personal data privacy issues and has advised clients in numerous high profile data-related matters. He is a regular speaker at industry events and has contributed to various publications on the subject.
