What is Data Sovereignty?
Ever wondered if your data is stored in your country or if it travels overseas?
Data sovereignty refers to the country legal and regulatory control over the data that is generated within its borders. It gives governments the authority to regulate how personal data is collected, processed, stored, and shared within their jurisdiction.
When it comes to transfer of personal data, the country has the right to regulate the cross-border transfer of personal data to ensure that it is handled in accordance with the country’s law and regulations.
Benefits of Data Sovereignty
- Privacy Protection: Helps protect individual privacy by ensuring the data is subjected to law of country in which it is stored.
- National Security: Enables government to maintain control over the sensitive data and protect critical information from unauthorized access or misuse.
- Economic Development: Attracts business that are looking to store their data in a country with strong data protection law supporting local data centers, technology infrastructure and job creation.
- Consumer trust: Builds consumer trust by showing that data is stored and managed according to legal and security requirements.
- Compliance: Helps organizations comply with local data protection and privacy regulations, reduces the risk of penalties and legal issues.