On Wed. 24th April, we had the pleasure of hosting the seminar: "Navigating Data Compliance in Singapore and China: Insights for Multinational Businesses."
Nathaniel Rushforth, Senior Data Security & Compliance Consultant from Dezan Shira & Associates, invited two seasoned Singapore-based data compliance practitioners to form a panel and discuss how multinational firms should approach these issues. We welcomed Lanx Goh, Global Head of Privacy for Prudential and Honorary Consul of Bulgaria in Singapore, and @Christopher Chew, Technical Lead of CISCO and active board member of the International Association of Privacy Professionals for the discussion, moderated by Dezan Shira - Singapore Country Director David Stepat, MIB, MSID.
Key takeaways from the session identified crucial action items for companies with operations in both countries:
· Comprehensive data classification efforts to identify potentially sensitive information.
· Granular network infrastructure audits to uncover potential security gaps.
A holistic approach to policy formation, including analysis of common data compliance approaches shared by both jurisdictions, as well as policy fits to accommodate potential differences starting with the above items will provide companies with a solid and sustainable compliance foundation.
A huge thank you to David and Julia Goeb from Dezan Shira, and Emőke Sasi from the CEEC.sg: Central and Eastern European Chamber of Commerce (Singapore) for co-organizing this insightful session. Thank you to the speakers for sharing their knowledge and experience. Also, a big shoutout to the Central and Eastern European Chamber of Commerce in Vietnam (CEEC) support!
