Data Governance in Hong Kong
Data hk is a collection of information that can be used to make informed business decisions. It may be collected through primary research like field observations or secondary sources such as published reports. Once collated, the data can be analyzed and manipulated to reveal patterns or trends. Businesses of all types utilize it to improve customer satisfaction, drive growth and create more efficient operations.
Data governance is the practice of establishing policies and practices that align an organization to its business goals for data. It requires a multifaceted approach that involves the people, processes and technologies. For a successful data governance program, you need a clear vision and an actionable business case that articulates your desired end state. Then, you must put the right people in place to support your governance program. These roles are the foundation for your governance framework and help you deliver a return on your investment in data.
The Hong Kong Personal Data (Privacy) Ordinance (“PDPO”) regulates the collection, use and disclosure of personal data. The PDPO requires that personal data be collected only for lawful purposes, and that individuals’ consent is obtained before their data is processed. The PDPO also prohibits the sharing of personal data with unauthorised third parties and requires that data be securely stored. The PDPO contains various enforcement measures, including imposing fines and criminal prosecution for select violations, such as doxxing.
The PDPO includes six Data Protection Principles that cover all aspects of personal data processing. For example, it requires that data users inform individuals of the purpose for collecting their data and the categories of recipients to which their data will be transferred. Additionally, it prohibits data users from retaining personal information for longer than necessary. The PDPO also provides the right to access for individuals, as well as a requirement that data breaches be reported to the Privacy Commissioner for Personal Data and affected individuals.
To keep pace with evolving global privacy landscapes, the PDPO requires that data users conduct DPIAs (Data Protection Impact Assessments) to assess whether their data processing activities comply with the PDPO’s provisions. This process is an essential component of data governance and helps organizations identify and mitigate privacy risks. In addition, the PDPO empowers the Privacy Commissioner to investigate and penalize data users for violating its provisions.