The people’s concerns over how their personal data are processed and stored during commercial transactions will be addressed in a new Bill, which was tabled in Parliament.
We need Data Protection Regulation to protect ourselves. The Data Protection Regulation is very important to us. Firstly, if there is no regulation about Data Protection, Consumers can suffer financial loss. Secondly, there must be a regulation that guarantees to prevent miss-use of technology. Lastly, if there is no DPR, we will feel unsafe to do some activities.
We have rights to give or not to give our personal data. We do not want anyone miss-use our personal data to do activities that can disturb our privacy. Increasing losses of privacy will inevitably lead to corresponding losses of personal freedoms.
The Bill seeks to prevent the occurrences of people losing their money through credit card fraud, customer-privacy infringements and data theft.
Reference: http://thestar.com.my/news/story.asp?file=/2009/11/20/parliament/5149736&sec=parliament
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