After seven years of discussion, on 26 August 2024, the Chilean congress finally approved the reform of the Chilean Data Protection Act (“Reform” and “Act”, respectively). The Act is heavily influenced by the General Data Protection Regulation. The key changes introduced are as follows: Deep dive on the Reform The Reform is expected to be published within the next few weeks. Once published, the implementation will take 24 months, providing time for (i) companies to…
Latin America is experiencing a dynamic shift in its regulatory environment, particularly in the technology sector. Countries across the region are actively updating and introducing new laws to address the rapid advancements in technology and the growing importance of data protection, cybersecurity, and digital finance. These developments are crucial for fostering innovation, ensuring consumer protection, and maintaining competitive markets in the region. Our regional round-up outlines the key legislative and regulatory changes shaping the tech…
28 January 2024 is Data Protection Day (or Data Privacy Day outside of Europe), which marks the anniversary of the Council of Europe’s Convention 108. Data Privacy Day encourages the global community to think about the importance of respecting privacy, safeguarding data, and enabling trust. In an increasingly connected and digitized world, where data protection, privacy and cybersecurity regulation are rapidly evolving, the work of the global data community is more vital, and more challenging,…
This past year brought the rapid rise of ChatGPT and other generative AI platforms, accompanied by several noteworthy legal and regulatory developments. 2024 promises to continue with technology advances, making it a pivotal year for businesses navigating global data privacy and cybersecurity risks. Our Baker McKenzie Top 10 predictions for 2024 follow. As is evident, 2024 will be a critical year for global data privacy and cybersecurity. We welcome your thoughts and predictions. Please feel…