SINGAPORE — Companies will be penalised more heavily for data breaches as part of proposed changes to the Personal Data Protection Act , said Minister for Communications and Information S Iswaran on Monday .
One major change to the Bill is the stiffer penalty for a company in the event of a data breach – the fine it faces would be 10 per cent of its annual turnover in Singapore or $1 million, whichever is higher. The cyberattack on SingHealth’s database in 2018 resulted in the theft of personal particulars of almost 1.5 million unique patients – including that of Prime Minister Lee Hsien Loong. The data comprised the patients’ demographic records and the dispensed medication records of about 159,000 of them.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »