Data hk is the practice of gathering and analysing information using primary and secondary sources; primary data may come from field observations while secondary sources like published reports can provide additional data sources that can be combined into reports or statistics for business use or policy formation by government agencies.
Data hk is an effective tool that allows businesses to collect and analyze information that they can then use to make more informed decisions. Financial services, insurance and marketing industries alike use it regularly; measuring customer satisfaction or understanding market trends; it can even identify areas for improvements and pinpoint problem spots.
When using data hk, it is vital to consider its privacy impact. This is particularly relevant when transferring it between jurisdictions. A transfer impact assessment provides companies with all of the information necessary to decide whether a transfer is suitable.
An impact analysis for transfer is usually conducted by either an independent party or the company itself, and should cover both potential benefits and risks of data transfer. An assessor should review both jurisdictions’ legal environments, laws and practices applicable to personal data protection as well as national security or any other issues which might arise during its transfer; furthermore they must take into account both exporter’s responsibilities in regard to protecting personal data.
Hong Kong’s Personal Data Protection Ordinance (PDPO) defines personal data as any information about an identifiable natural person that can be directly or indirectly identified from it, whether directly or indirectly. It includes any details pertaining to their physical, physiological, genetic, mental, economic cultural and social identities of that individual and can be transferred freely without restriction if its recipient establishment does not possess access to control its processing of this personal data.
The PDPO requires data users to notify subjects prior to collecting their personal data of its intended use and recipients; typically this obligation can be fulfilled through providing a personal information collection statement or agreeing with standard contractual clauses from the European Economic Area (“EEA”). Furthermore, many data exporters now choose the latter route in order to meet cross-border transfer obligations imposed by PDPO regulations.
With respect to these requirements, there has been an increasingly disinterested attitude toward section 33 of the PDPO. Concerns include its perceived adverse effect on business operations as well as difficulty and expense involved with attaining compliance.