Asia-Pacific Cyber Law Risks And Developments

Originally published on CyberInquirer.

I. Introduction

The Internet facilitates the widespread and instantaneous flow of information across international borders. While the advent of this method of transnational communication has truly created a "global economy," at the same time, it has engendered problems for companies and their insurers which seek to assess risk and implement information safeguards, particularly in the face of divergent data privacy laws which vary from region to region or may not even exist in certain jurisdictions. The Asia-Pacific region typifies such a lack of uniformity. At the same time, the emerging economies in this rapidly growing part of the world have generated promising targets for computer hackers.