Asia/Pacific Governments' Data Policies to Enable Digital Economies

Asia/Pacific Governments' Data Policies to Enable Digital Economies

This IDC Perspective explores the adoption of various data-related policies and regulations in Asia/Pacific. The emergence of digital adoption across sectors demands country governments to have a well-defined regulatory system to enable cohesive data sharing environments, along with data ethics, trust, and governance, to complement the digitalization process."The responsibility for the protection of organizational and constituents' digital assets does not lie solely within the IT departments of government agencies. Every stakeholder that gains access or owns a digital intellectual property (IP) needs to be compliant with the overarching regulations and norms of information flows within the jurisdictions in which they operate. Although access to information is critical for the survival of digital economies, governments need to continually monitor, legislate, and audit digital exchanges to ensure that trust is maintained and reinforced as data assets are leveraged and transacted within digital ecosystems," says Gerald Wang, head of IDC Asia/Pacific Public Sector for IDC Government Insights and Health Insights."Updated policies to protect and safeguard personal data are the need of the day with the accelerated digital adoption across sectors. Well-defined acts and policies provide confidence to organizations in adopting technological solutions. It is imperative that country governments adopt best practices and involve key stakeholders in finalizing policy guidelines for wider acceptance and seamless adoption. The focus must be on the enforcement of policies, and the responsibility goes beyond governments to all ecosystem players, including businesses and citizens, to help ensure governance and trust," says Manoj Vallikkat, research manager, healthcare insights, IDC Asia/Pacific.

Please Note: Extended description available upon request.