IFSoc: Indonesia in Urgent Need of Personal Data Protection Law
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30 December 2020 17:13 WIB
TEMPO.CO, Jakarta - The Indonesia Fintech Society (IFSoc) highlights the issue of data protection by focusing on Indonesia's lack of data protection law as the country is still composing it in the personal data protection draft bill (RUU).
IFSoc compared it to neighboring countries such as Malaysia that have introduced a bill on data protection in 2010, while Singapore and the Philippines in 2012, and Thailand being the latest to introduce such a bill in 2019. All of them join the 136 countries that have passed legislation on the issue.
"Until the end of 2020, Indonesia is yet to pass a comprehensive law on personal data protection," wrote IFSoc Steering Committee member Yose Rizal Damuri, in an official statement on December 30, 2020.
The draft bill for personal data protection had been deliberated by the House of Representatives (DPR) for years. However, there remains no sign that it will be completed soon. However, House Speaker Puan Maharani said that the personal data protection draft bill will be one of the four draft bills proprotized by the House.
IFSoc argued that the presence of such a law is needed urgently in Indonesia following the rampantly-growing digital technology adopted by the financial sector.
FAJAR PEBRIANTO