Personal Information Protection Commission Holds Seminar on China's Personal Data Protection and Data Security Legislation
[Asia Economy Reporter Seulgina Jo] The Personal Information Protection Commission announced on the 5th that it will hold a 'China Personal Information Protection and Data Security Legislation Briefing' for corporate personal information protection officers on the 10th from 3 to 5 PM, in collaboration with the Embassy of the Republic of Korea in China and the Korea Internet & Security Agency.
China plans to enforce the Personal Information Protection Law and Data Security Law within this year, and these laws apply not only to businesses operating within China but also partially to those outside China. The Personal Information Protection Commission emphasized that since violations of the Personal Information Protection Law can result in fines up to 50 million yuan (approximately 9 billion KRW) or 5% of the previous year's revenue, Korean companies need to exercise caution.
At this briefing, experts well-versed in local Chinese circumstances will explain the key contents, implications, precautions, and cases of personal information leakage related to the Personal Information Protection Law and Data Security Law, followed by a Q&A session.
The briefing will be conducted online and is free to attend for corporate personal information protection officers and any citizens interested in the Chinese personal information protection law system.
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Park Sanghee, Secretary General of the Personal Information Protection Commission, stated, “Since many of our companies have entered China, it is important for companies to comply with these laws,” and added, “We will continuously provide information and support to minimize difficulties that our companies may face, such as obligations of personal information processors and liability for damages.”
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