HKSQ & HKQAA - TID Project Implementation Workshop for Startups – Data Protection and Privacy

 HKSQ applied the Trade and Industry Department (TID) Funded project named “Feasibility Study on the Quality of Hong Kong Start-up Development for Supporting the Sustainable Business Growth” and HKQAA is our implementation agent. In the last stage, we arranged several workshops to share the study results and guidelines for startup.  The third workshops named “Implementation Workshop for Startups – Data Protection and Privacy” (初創企業實踐工作坊－數據保護和隱私的規範) was held on 6 Jun 2022. I represented HKSQ to attend the workshop.

Mr. KT Ting (HKQAA) is the speaker for this implementation workshop on data protection and privacy. His topics included protection of individual privacy, legal & regulatory requirement and introduced the Office of the Privacy Commissioner for Personal Data (PCPD). 

Firstly, Mr. Ting briefed if your startup needed to collection, holding, processing or use of personal data directly or indirectly, you needed to consider the data protection and privacy through 3 key aspects and they were confidentiality, integrity and availability.

Health data is type of personal data that should be considered during Covid-19 pandemic. 

Recently, PCPD updated the Personal Data (Privacy) Ordinance (PDPO) to control Doxxing. Then Mr. Ting mentioned six data protection principle (DPP) as follows.

DPP1 – Purpose and Manner of Collection

DPP2 – Accuracy and Duration of Retention

DPP3 – Use of Data

DPP4 – Data Security

DPP5 – Openness and Transparency

DPP6 – Access and Correction

After that Mr. Ting introduced different guidelines under PCPD including:

-          Code of Practices on Consumer Credit Data

-          Code of Practices on the Identity Card Number and Other Personal Identifiers

-          Code of Practices on Human Resource Management

-          Privacy Guidelines: Monitoring and Personal Data Privacy at Work

Then he also introduced European Union General Data Protection Regulation (GDPR).

Finally, privacy risks of fintech were stated and 10 recommended good practices for Fintech providers / operators were briefed below.

1.      The privacy policies should be transparent and written in plain and user-friendly languages.

2.      Collect and retain minimum amount of personal data

3.      Provide clear and genuine options to consumers with respect to collection and use of personal data

4.      Ensure the accuracy and impartiality of the personal data

5.      Ensure the reliability and fairness of Fintech algorithms, and provide consumers with explanations on the automatic assessments and decisions by the Fintech

6.      Adopt appropriate policies, procedures and techniques to safeguard personal data

7.      Adopt contractual or other means (e.g. field audit) to ensure proper protection to personal data by data processors

8.      Conduct privacy impact assessment at or before the development stage of Fintech so as to identify and properly address potential privacy risks

9.      Adopt privacy-friendly design in Fintech

10.  Develop procedures in relation to handling of data breach incidents

Reference:

HKSQ - www.hksq.org

HKQAA - http://www.hkqaa.org/

TID SME Development Fund (SDF) - https://www.smefund.tid.gov.hk/english/tsf/sdf_background.html

One of my relevant publication about startup named “Implementing the Quality Startup Management System model in Hong Kong: a case study” and posted at https://jqualityinnovation.springeropen.com/articles/10.1186/s40887-017-0013-x .

HKQAA Hong Kong Registration - Start-ups:  http://hkqaa.org/en_regservice.php?catid=13

HKSQ TID Funded Project website - https://hksqstartup.hkqaa.org/

Privacy Commissioner for Personal Data - https://www.pcpd.org.hk/

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