Data protection act soon: Jabbar
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Customer data will play a key role in the upcoming fourth industrial revolution, so it needs to be protected and secured by law, analysts said in the plenary session of a two-day summit yesterday.
“Data governance is a very important part in the age of digitalisation,” said Hiroshi Matsumura, vice president and managing director at the Center for Institutional Economic Collaboration (CIEC) under Japan’s Ministry of Economy, Trade and Industry.
“…and government needs to take care of it with proper regulation and policy,” he told at a session styled “Technologies Transforming Economics”.
Already a few countries have formulated data protection laws and are trying to secure their citizens’ data but most of the countries remain at risk, said Matsumura.
The event of the Confederation of Asia-Pacific Chambers of Commerce and Industry is being organised in association with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), at Pan Pacific Sonargaon in Dhaka. The event ends today.
Mustafa Jabbar, posts and telecom minister, said currently Bangladesh has a digital security act but none is related to data protection.
“Bangladesh needs to formulate customers’ personal data protection act and data security law. Within a short time, we will start the process to enact this type of act,” he said.
More data is raising more concerns and that is why digitalisation is also creating challenges for humanity, Jabbar said.
He said the last two years Bangladeshis have created a huge amount of data in the digital space compared to that in all its past.
“The more we digitalise our systems, the concerned we will become,” Jabbar added.
Dr Lin Chun-hsu, research fellow and deputy director of the Center for Green Economy at Chung-Hua Institution for Economic Research at Taiwan, said countries need to arrange dialogues to gather views on data security and move towards an international treaty.
Jabbar also raised concerns over the disappearance of jobs for digitalisation of processes.
“Our whole economy is dependent on cheap labour-based industries like garment and by 2035 about 60 percent of jobs will disappear for the advancement of robotics and artificial intelligence,” he said.
Under this situation, some countries will hugely benefit like those of Europe and the US and some countries will be the loser and unfortunately countries like Bangladesh is in the second category, Jabbar added.
To save humanity, time has now come when global leaders need to decide which technology needs to be adopted and which should not be, he said.
Ahmad AD, chief executive officer at Hungrynaki.com, said technology took away some jobs but simultaneously created new ones.
“But we also need to look into the fact that this technology is also changing the quality of life,” he said.
Mir Nasir Hossain, former president of the FBCCI and managing director of Mir Telecom, said in the past decade Bangladesh achieved the impossible prioritising power generation, communication infrastructure construction and digitalisation processes.
Source: https://www.thedailystar.net
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