The National Privacy Commission (NPC) and Aboitiz Data Innovation (ADI) have joined forces in a significant partnership, signing a Memorandum of Agreement (MoA) to develop and adopt Privacy Enhancing Technologies (PETs) in the Philippines. This partnership underscores the crucial role of all stakeholders in the journey towards enhanced data privacy.
PETs, with their ability to minimize personal data use and maximize data security amidst flow and exchange between organizations, hold the promise of a more secure digital future. The regulatory sandbox, powered by ADI's secure data exchange platform Parlay, will provide a controlled environment for the NPC to test innovative privacy solutions, paving the way for a more secure and efficient data ecosystem.
"As we embrace digital transformation, there is an increased spotlight on data privacy and security. The regulatory sandbox will let us explore available technologies and uphold effective privacy solutions, providing data-backed insights to enhance existing and future regulations for protecting Filipino citizens and businesses," Atty. John Henry D. Naga, NPC privacy commissioner and chairman.
Through this project, the NPC is committed to identifying potential risks and developing robust safeguards, ensuring that our digital ecosystem is secure and resilient. This innovative collaboration underscores NPC's unwavering commitment to delivering knowledge, expertise, and cutting-edge technology to all stakeholders—for the benefit of the public, instilling confidence in the initiative.
"We acknowledge that progress and innovation may come with uncertainty and risks. In these instances, we should not take the path of progress avoidance but instead adopt governance and mitigation. Our secure data exchange platform serves as a privacy sandbox environment that will complement NPC's current initiatives aimed at creating recommendations that meet regulatory and technical standards, promoting the adoption of PETs to enhance consumer confidence, drive innovation, and open new business opportunities," said Dr. David R. Hardoon, ADI Chief Executive Officer.
Data flow and exchange across industries are essential for innovation and efficiency. In manufacturing, external data sources on weather and other factors provide a comprehensive view of supply chain issues, allowing for early risk mitigation. In the energy sector, analyzing data from smart homes and building management systems drives operational efficiency and offers personalized offerings to customers.
"To advance digital transformation in the Philippines and beyond, PETs are essential in fostering cross-sector synergies and enabling responsible knowledge sharing on innovative solutions that banner sustainability. PETs support collaboration among private organizations, the public sector, strategic partners, and consumers, championing financial and environmental sustainability and improving overall service quality," concluded Dr. Hardoon.
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