The EU's General Data Protection Regulation (GDPR) comes into force on May 25, raising the bar for data protection and privacy practices and forcing Thailand to speed up passage of the Personal Data Protection Act.
GDPR and the Thai Personal Data Protection Bill (PDPB) will create an opportunity to increase customer confidence and change the perspective of business organisations in data management, including increasing cybersecurity spending.
Dhiraphol Suwanprateep, partner for technology, media and telecommunications at Baker McKenzie Ltd, said GDPR requires companies to report personal data breaches to the relevant supervisory authority within 72 hours of their becoming aware of the breach.
