Data privacy updates continue to be at the forefront of regulatory discussions. Various jurisdictions are enacting new laws and taking new approaches to addressing the continued globalization of business through online infrastructures. The data privacy landscape is poised for significant evolution, driven by regulatory developments, technological advancements, and shifting societal expectations.
With consistently evolving data privacy updates, staying abreast of expected updates and trends is paramount for individuals, businesses, and policymakers alike. Here are several of the key developments expected in 2024.
1. Strengthened regulatory frameworks with data privacy updates
In response to growing concerns over data breaches and privacy violations, regulatory bodies worldwide are expected to introduce or enhance existing data privacy regulations. This may include amendments to legislation such as the General Data Protection Regulation (GDPR) in the European Union, the California Consumer Privacy Act (CCPA) in the United States, and similar laws in other jurisdictions. Anticipated updates may focus on expanding the scope of protected data, imposing stricter compliance requirements, and increasing penalties for non-compliance.
2. Heightened focus on data protection
With the proliferation of data-driven technologies and the increasing monetization of personal information, there will be a heightened focus on data protection measures. Organizations will be compelled to implement robust data protection strategies, including encryption, pseudonymization, and anonymization techniques, to safeguard sensitive information from unauthorized access or misuse. Additionally, there will be an emphasis on adopting privacy-enhancing technologies (PETs) to mitigate privacy risks while preserving data utility.
3. Emergence of privacy by design principles
Privacy by design (PbD) principles, which advocate for embedding privacy considerations into the design and architecture of systems and processes, are expected to gain prominence. Organizations will be encouraged to adopt a proactive approach to privacy, integrating privacy features into their products and services from the outset rather than as an afterthought. By prioritizing privacy by design, businesses can enhance consumer trust, mitigate compliance risks, and foster innovation in a privacy-preserving manner.
4. Rise of data localization requirements
As concerns regarding cross-border data transfers and jurisdictional conflicts persist, there may be a surge in data localization requirements. Governments may enact legislation mandating that certain types of data be stored and processed within their respective jurisdictions, purportedly to protect national security, privacy, or economic interests. This trend could pose challenges for multinational corporations operating in multiple jurisdictions and necessitate the implementation of localized data storage infrastructure and compliance measures.
5. Increased transparency and accountability
In an era marked by heightened transparency expectations, organizations will be under greater scrutiny to demonstrate accountability and transparency in their data processing practices. This entails providing individuals with clear and accessible information about how their data is collected, used, and shared, as well as empowering individuals to exercise their privacy rights effectively. Organizations may leverage technologies such as blockchain and decentralized identifiers (DIDs) to enhance transparency and traceability in data transactions while preserving privacy.
As 2024 unfolds we will continue to see data privacy updates and developments. Organizations must remain proactive in adapting to these changes, prioritizing data protection, privacy compliance, and ethical data practices. For support incorporating privacy principles into operations and navigating the complexities of data privacy, contact Baer Reed today.
Mr. Reyes graduated with honors from the Ateneo de Manila University, where he received the Procter and Gamble Student Excellence Award. He obtained his Juris Doctor degree from the Ateneo de Manila School of Law. During law school, Mr. Reyes was part of the Philippine delegation to the Willem C. Vis International Commercial Arbitration Moot held in Vienna, Austria. He was also a member of the Ateneo Society of International Law and the St. Thomas More Debate Society. He completed his internship at the Public Attorney’s Office. He wrote a thesis entitled: “To Kill A White Elephant: An Analysis of the Fiduciary Exception to the Corporate Attorney-Client Privilege”. Mr. Reyes is admitted to practice law in the Philippines and the State of New York.
Ms. Lardizabal-Manzano is a graduate of San Sebastian College-Recoletos, where she earned her B.A. in Political Science. In 2003, she received her law degree from Lyceum of the Philippines and was admitted to practice law in 2004.
Matthew Hersh earned a B.A. in Political Science from Columbia University in 1990 and graduated cum laude from Georgetown University Law Center in 1999. He also holds a master’s degree in international relations from the Georgetown University School of Foreign Service.
Cap. Avi Levak (Res. IDF) graduated from from Israel’s prestigious Ben-Gurion University of the Negev with a Bachelor of Science in Computer Science and Mathematics. He is also a Leadership and Communication coach trained in TuT coaching by Alon gal in Israel. Avi specializes in high-level, in-depth analysis of business and client needs, within systems and software strategy and architecture.
Ms. Tyler graduated cum laude from Georgetown University and received her law degree, cum laude, from Georgetown University Law Center. During law school, she interned at the United Nations Economic Commission for Europe. She also worked on The Tax Lawyer journal and was a member of the award-winning Barristers’ Council Mock Trial Team. Ms. Tyler is admitted to practice law in the State of California and the District of Columbia.
Ms. Cruz-Anonuevo graduated cum laude and top nine in her batch from Miriam College with a degree of Bachelor of Arts in InternationalStudies. She obtained her Juris Doctor degree from Ateneo de Manila University School of Law in Rockwell. During law school, she interned in Rivera, Santos, Maranan & Associates. She was also part of Ateneo’s Labor Law Bar Operations. She wrote her thesis on, “Stealing Privacy: Limitations on Media’s Photographic Invasion.,” Ms. Cruz-Anonuevo is admitted to practice law in the Philippines.
Ms. Aquino-Batallones obtained a Bachelor of Arts degree in Development Studies (with Minors in Global Politics and Hispanic Studies) from the Ateneo de Manila University. In 2011, she received her Juris Doctor degree from Ateneo de Manila University School of Law. During law school, she interned at Romulo Mabanta Buenaventura Sayoc & de los Angeles then became an intern of Ateneo Legal Services Center’s Clinical Legal Education Program.
Mr. De Guzman graduated from San Beda College with a degree of Bachelor of Arts Major in Economics and received his law degree from San Beda College of Law. He is multilingual and is fluent in three languages: Chinese, Filipino, and English. He was admitted to the Philippine Bar in 2003.