Skip to main content

New Amendment to Taiwan's Personal Information Protection Act: A Significant Step in Fraud Prevention

Taiwan has successfully passed a significant amendment to its Personal Data Protection Act, marking a significant step in the fight against fraud cases and securing the privacy of personal data.

The National Development Council (NDC) announced that businesses failing to adequately protect personal data, resulting in leaks, will face increased fines ranging from 20,000 to 2 million NTD. In severe cases, or those who fail to rectify the situation within a specified period, fines could reach between 150,000 and 15 million TWD. This significant increase in penalties aims to deter data leaks and raise awareness among businesses about the importance of personal data protection.

Apart from escalating the penalties, the amendment also introduces a new provision that clearly designates the "Personal Data Protection Committee" as the governing body for future personal data protection. This move echoes the Constitutional Court's ruling No. 13 last August, fulfilling the demand for an independent personal data protection supervisory mechanism within three years.

According to the plan, the Personal Information Protection Committee will be an independent entity under the Executive Yuan. The Executive Yuan will establish a preparatory office in August, tasked with defining the Personal Information Protection Committee's organizational law and carrying out the second phase of amendments to the Personal Information Protection Act, aimed at strengthening personal data protection within public institutions.

The NDC official stated that the increase in penalties has been passed in the third reading and will take immediate effect after the President's announcement. However, the establishment of the "Personal Information Protection Committee" will have to wait until the organizational law is finalized. It is expected to be sent to the Legislative Yuan for review next year. If it passes successfully, it could be established by next year at the earliest.

Once the Personal Information Protection Committee is set up, the current "decentralized" supervision of the Personal Information Protection Act will be replaced with a "dedicated" supervisory system. This change will address current practical supervisory problems under the "decentralized" management of the Personal Information Protection Act and align Taiwan's approach with international trends. 

Comments

Popular posts from this blog

SBIR Program Fuels Innovation in Taiwan: New Award Results and Impact

The Ministry of Economy's Small Business Innovation Research (SBIR) program recently released the latest award results, showcasing its continued commitment to fostering innovation and driving economic growth in Taiwan. With a focus on supporting small and medium-sized enterprises (SMEs), the SBIR program plays a crucial role in promoting sustainable development and building a thriving entrepreneurial ecosystem. One of the key highlights of the recent announcement is the allocation of a total of 9.75 million NT$ in grants, which will enable recipient companies to further their innovative research and development endeavors. These grants, provided by the SBIR program, serve as a catalyst for SMEs to enhance their capabilities, accumulate research talent, and contribute to the overall advancement of Taiwan's industries. The awarded projects span a diverse range of fields, including service innovation, information and communication technology, consumer products, and electronics. By ...

Taiwan government release the National Core Critical Technologies

The Taiwan government has recently unveiled a comprehensive list of 22 National Core Critical Technologies. This initiative aims to enhance national security and uphold the nation's competitive edge in various sectors, including defense, space exploration, agriculture, semiconductors, and cybersecurity. Within the realm of semiconductors, Taiwan places a strong emphasis on its leadership in advanced manufacturing processes, particularly those with a feature size of 14 nanometers or smaller. This includes IC manufacturing technology and essential materials, gases, and equipment. Additionally, heterogeneous integration packaging technology, which encompasses wafer-level packaging and silicon photonics integration packaging technology, along with their specialized materials and equipment, is recognized as a National Core Critical Technology. Furthermore, Taiwan acknowledges the critical importance of information security and has included technologies such as chip security, post-quantu...

ASML to Invest in Taiwan for 2nm Semiconductor Equipment

Dutch semiconductor equipment manufacturer, ASML, plans to invest NT$300 billion (US$10.6 billion) in Taiwan, its largest-ever investment in the country. ASML will establish a research and development facility in the LinKou district of New Taipei City, where it will manufacture optical measurement equipment for 2nm semiconductor wafer fabrication. ASML has applied for the “A+ Enterprise Innovation R&D Chain Program” and the second review meeting is scheduled for April. The review will focus on how ASML can promote Taiwan's supply chain technology upgrade and increase the domestic production rate. Officials have stated that the subsidy amount will be lower than 50% of the investment. Additionally, in the first review meeting, experts suggested that the international giant should encourage domestic industry chain upgrades and incorporate a domestic production rate into the subsidy program. ASML's investment is part of Taiwan's strategy to develop its semiconductor industr...