The frictionless flow of information is a defining feature of today’s information economy. The ability to effortlessly transfer customer data, employee files, financial records, and other information around the globe has opened up a new world of risks and liabilities. Cloud based services brings new and innovative ways of doing business while posing legal, regulatory and commercial risk.
The potential for misuse of sensitive personal information, and emerging cyber risks, have triggered legislative and regulatory action worldwide.
The Malaysian Government has also introduced legislation to prevent the misuse of sensitive personal information, curb outflows of personal data and deter cyber-crimes.
Understand Your Risks
Your corporate data and trade secrets are vulnerable to risks in various ways:
- Theft of data by employees
- Loss or theft of a computing device, such as a laptop or mobile phone
- Hackers – agenda driven individuals and groups seeking to target a company’s practices and its reputation
- Corporate and government espionage
- Criminal activity associated with theft of data for insider dealing and identity theft
- An authorized user violating acceptable usage policies
Our Data Protection Practice
At SK Chambers in Kuala Lumpur, we understand the data protection requirements under Malaysian law and the extra-territorial implications of international data protection laws.
We offer full legal services to companies processing data or transferring data into and out of Malaysia. We can help you in relation to:
- Compliance strategies that prevent and limit risk
- Managing risks through contracts with customers and suppliers
- Data protection and cyber risk due diligence in relation to acquisitions, dispositions and third party agreements
- Crisis management when a data breach occurs
- Investigations management – when faced with regulatory action for data security breaches
- Data transfers abroad – advising on risks and issues