New Law Imposes Fines for Sharing Personal Data
The Personal Data Protection Bill 2023 proposes fines ranging from $125,000 to $2 million for individuals and companies that disclose personal information without authorization,
Islamabad(Staff Reporter/Webdesk);New Law Imposes Fines for Sharing Personal Data, The draft of the Personal Data Protection Bill 2023 proposes comprehensive regulations to ensure the security of personal data across country. It also outlines heavy fines for individuals and companies disclosing personal information.
Disclosing or disseminating personal data without authorization could result in a fine of up to $125,000. Government institutions and companies will be obliged to ensure the protection of personal data.
– Failure to implement necessary security measures may incur a fine of $500,000.
– Severe violations by data controllers and processors could lead to fines of up to $2 million.
The commission will also have the authority to suspend or terminate the registration of data controllers and processors found in violation of the Act. Decisions made by the commission can be appealed to the high court or a special tribunal.
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This legislation represents a significant step towards strengthening data protection in Pakistan and aligns with global standards for safeguarding personal information.
Key Points;
– Key Provisions: The bill aims to regulate data collection, processing, use, disclosure, and transfer, ensuring data protection and privacy rights . Key provisions include:
– Prohibition of transferring personal data abroad if it jeopardizes national security or public interest
– Requirement for personal data to be stored on domestic servers and digital infrastructure
– Establishment of the National Commission for Personal Data Protection to oversee data protection and ensure compliance
– Penalties for Non-Compliance: The bill imposes penalties for non-compliance, including :
– Fines of up to $125,000 for disclosing or disseminating personal data without authorization
– Fines of up to $500,000 for failure to implement necessary security measures
– Fines of up to $2 million for severe violations by data controllers and processors
– Regulatory Body: The National Commission for Personal Data Protection will be responsible for:
– Overseeing data protection and ensuring compliance
– Prescribing international standards for data security
– Addressing complaints and ensuring data breaches are reported within 72 hours
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