Indonesia Set to Pass New Data Privacy Law After Spate of Leaks
- Breaches include alleged data leak of 105 million Indonesians
- Move comes as its digital economy to grow $146 billion by 2025
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Data operators could face up to five years in jail and a maximum fine of 5 billion rupiah ($337,000) for leaking or misusing private information, according to Indonesia’s new data privacy bill set to be passed by parliament this week.
Institutions may collect personal information for a specific purpose but must erase the record once that purpose has been met, according to a copy of the draft law obtained by Bloomberg. Relevant parties have two years to comply with the rules once it becomes law.