Singapore PDPA 2012 introduces 10% of turnover fine for data breach
Singapore passed some key amendments to the Personal Data Protection Act 2012 establishing a new norm for administrative fines at 10% of turnover. Now companies, with turnover exceeding Singapore dollar 10 million per year, responsible for data breaches face financial penalties upto 10% of their turnover or Singapore dollars 1 million which ever is higher. …
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