What Is Data Hk?
Data hk is the practice of collecting and analysing information to gain an in-depth understanding of customers and markets. The technique is often used in business operations and policy formation by government agencies.
The information collected may be utilised in various ways including for the development of new products and services or for direct marketing activities. The data hk practice is often combined with other sources of information to provide an even more in-depth analysis. Typically, the information is gathered from both primary and secondary sources such as field observations or published reports.
In Hong Kong, the Personal Data Protection Policy (“PDPO”) defines personal data as any information that identifies or can be linked back to an individual. The PDPO requires data users to inform individuals why they collect personal data as well as how the information will be used. The PDPO also imposes restrictions on the transfer of personal data outside Hong Kong and requires data users to inform individuals of the intended destination of the transfer.
While the PDPO does not currently include any express extra-territorial application, it is possible that future amendments will extend its scope beyond Hong Kong to the rest of the world. Moreover, a mooted change to the definition of personal data will broaden its coverage to include information about legal entities such as companies and trusts, rather than just about identifiable individuals.
Regardless of the jurisdiction in which data is stored, companies that handle personal information should consider conducting an impact assessment for each proposed data transfer. The assessment will help businesses to determine whether the transferring of their data is in line with their obligations under PDPO as well as other laws and regulations. The assessment will also help them to minimise their liability for violations of local laws and regulations that could result in compensation claims. Having access to qualified lawyers who specialise in data hk is essential for companies to ensure that they comply with local and international laws.