HK is a global hub for technology, and it is home to many tech companies that depend on data. But as these businesses have become more reliant on data, they’ve found themselves facing new challenges when it comes to data governance. These challenges include data protection, privacy, and transparency. Data is now an essential economic resource for digital goods and services, and a strong data management system is critical to success.
The Data Protection Policy Ordinance (DPPO) outlines data subject rights and specific obligations for data controllers, and is enacted to protect personal information against misuse and unauthorized access to data. In addition, the DPPO provides penalties for the unlawful publishing of private or identifying data, commonly referred to as “doxxing”.
As the role of data grows, the need for strong federated governance models is becoming increasingly important. Data management is no longer a standalone project; it has to be built into the business’s core functions and processes. This requires a shift in mindset and culture as well as more cross-functional domain modeling.
Having a clear vision and business case is the first step to building a successful data governance program. Your vision sets your broad strategic goal, while your business case outlines the specific opportunity or problem that you want to address with your data governance program. A strong business case should be actionable, not a consulting project; it should specify the people, roles and technologies you need to support your data governance initiatives.
The data privacy and security concerns raised by the DPPO and its enforcement are significant, and will impact any company that collects, uses or processes personal information. These concerns are not just related to data protection; they also have a direct impact on the economy, innovation and the future of the Internet. It is therefore essential to understand the new landscape and prepare for the impact of these changes. This includes educating the workforce on data privacy and security concerns, establishing an appropriate data governance framework, and setting the right policies in place. This will help ensure that data is used effectively and efficiently, while also protecting against the risks associated with the proliferation of the internet and the growing number of online services.