Companies who fail to adequately protect customers' data could be fined up to four percent of their revenue in the next two years.
That’s part of the penalty under the new Data Protection Act (2020) which awaits promulgation. The Act which seeks to safeguard the privacy and personal information of Jamaicans, was passed in the Senate on June 12 after being approved without amendments in the House of Representatives a month earlier.
Guest: Chief Executive Officer at tTech Limited, Chris Reckord
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