Neo Hwee Yong discusses the new data protection law in
the European Union.
INTRODUCTION
In recent years, the world has seen unprecedented privacy
breaches as the global population sees the gradual but unavoidable
shift of information into cyberspace. In 2013, it was reported that
Yahoo! had suffered a data breach that impacted three billion user
accounts.
In 2017, Equifax, a major US credit rating agency, reported that
it had suffered a data breach which leaked personal information,
such as names, social security numbers, birth dates, addresses and
driver's licence numbers, belonging to some 143 million
consumers. On 1 March 2018, Equifax announced that further
investigations disclosed that the data breach affected a further
2.4 million consumers, bringing the total number affected to almost
145.5 million.
