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October 6 2015

Bermuda To Pursue Privacy Law

"Bermuda has become the sixth Caribbean nation to pursue privacy legislation after recently launching a draft model Personal Information Protection Act (PIPA) for public consultation. The review period, which began July 10, will last until Aug. 17 and follows a recent survey that found 97% of Bermuda residents believe the safeguarding of their personal information is ""important,"" the British territory's Department of E-Commerce said in a statement. The draft model lays out organizations' requirements to properly use and protect individual's personal data, whether held electronically or manually. It follows international standards and was drafted taking into account the territory's ""economic interests, regulatory regime and unique characteristics,"" according to the department."