01 Nov Consumer Data Strategy under the new China Personal Information Protection Law
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Consumer Data Strategy under China PIPL
In collaboration with TEKID, FABERNOVEL is very proud to present to you this review on Consumer Data Strategy under the new China Personal Information Protection Law, with our joint expertise on Chinese consumers, brand omni channel solutions, data strategy and management, and corporate compliance services.
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WHAT’S IN IT
Starting from November 1st, 2021, the new China Personal Information Protection Law (PIPL) has officially taken effect. It will set a new bar in China for privacy rights, obligations, security, and compliance.
At its core, the PIPL’s goals are to increase individuals’ rights and enhance privacy, transparency, and accountability. It gives individuals more rights and control over what can and cannot be done with their data. The PIPL also gives regulators new powers to impose significant fines on organizations that breach the law.
Extract from the Study
The PIPL applies broadly: to all organizations, of all sizes and all industries, which process personal data.
Risks your organization faces if it does not comply.
Your organization’s core responsibilities.
The PIPL strictly regulates transfers of personal data of China residents to destinations outside China.
About TEKID:
TEKID is a Digital Risks and Security firm focusing on protecting the interests of its customers operating in the Cyberspace. They provide advisory, consulting and engineering services for multinational companies as well as medium-sized enterprises.