"Alongside the rise and rise of ESG and the data challenges every company will face, are the number of sectorial, regional, supra-regional, governmental, rating agency, and investment fund standards, principles and frameworks – each with their own set of criteria and measurements" - Lorraine Waters, Chief Data Officer, Solidatus.

Vietnam’s upcoming implementation of a Personal Data Protection Act (PDPA) aligns it regionally and globally with the accelerating trend of data privacy legislation. A consistent theme is that it, along with other regional legislation, broadly aligns with standards in other global legislation – in this case, the EU’s GDPR.

A connected world comes with consequences

The creation and retention of data has increased exponentially in recent years. Our expanding digital landscapes have led to the introduction of privacy legislation to keep our data secure.

"Respondents to the FIMA 2021 report would be expected to ensure that the data for which they are responsible is fit for purpose. Answers to some of the questions, however, suggest that there may still be shortcomings..." 

Philip Dutton, Co-CEO and Co-Founder at Solidatus, joins EM360 to discuss how organisations should best approach supply chain management and traceability, especially in terms of the automation process, the current model-driven approach to data, measuring against time and ROI, and data privacy.