Regulatory approaches to securing consumer privacy trust and security
Can we trust the technology that offers unprecedented potential for social and economic development? At the end of 2017, there were over 4.2 billion active mobile broadband subscriptions and more than 3.5 billion people online around the world. Mobile technologies generated 5.4 per cent of GDP in the Asia-Pacific region. Active use of mobile technologies is growing year-on-year as network quality continues to improve. But despite the technological advances and the growth in take-up, consumer privacy and security are still major barriers to the digital economy. Powering the Digital Economy: Regulatory Approaches to Securing Consumer Privacy, Trust and Security explores the growing importance and power of the digital economy — with the app market forecast to be worth USD 6.3 trillion a year by 2021 — but also the threat that it poses to data security. The report analyses the impact of regulations and looks at countries that have rolled out national digital identity programmes.