The Thai government must quickly enact a personal data protection law to protect privacy and attract foreign investment in data centres, says a global information management firm.
P.K. Gupta, senior director for back-up and recovery systems at EMC Asia Pacific and Japan, said regulation compliance will drive new demand for information storage and back-up software.
The growing adoption of cloud computing is spurring development of cross-border information sharing, as data can be stored anywhere.
"A data protection law is desperately needed to protect users' information," said Mr Gupta, adding that Thailand should adopt best practices from other countries.
He said a law is needed for data breach notification to curb an escalating number of breaches of consumer databases that contain personal information.
It is also essential to prevent interception of data from state agencies and business groups.
Thailand should focus on encryption rules that require service providers to encrypt data to guard against hacking.
"If Thailand still doesn't have a data protection law, the country is likely to miss a business opportunity, especially in data centres and business process outsourcing," said Mr Gupta.
He pointed to a recent move by the Singaporean government to enforce new regulations governing technology risk management in the finance and insurance sectors.
Singapore and Malaysia already have data protection laws.
Thailand is the third-biggest backup and recovery market for EMC in Southeast Asia, equal to Indonesia and the Philippines.
Banking, telecommunications, manufacturing and retail are the top four spending sectors for backup and recovery in Thailand, said Mr Gupta.
In Thailand, 90% of companies had incidents of data loss in the past 12 months compared with 71% in Asia-Pacific and 57% on average globally.
Companies need to switch their data backup from tape-based to a disk system to lower data protection costs and reduce backup time by 90%.
EMC provides data domain systems that enable companies to back up and archive data in a single platform.
Worldwide, EMC achieved revenue of US$3.1 billion from backup and recovery last year out of a total of $21 billion.
About the author
- Writer: Suchit Leesa-nguansuk
Position: Senior Reporter