The recent compromise of the Panama Papers and governments pushing for total surveillance reinforce cyber security and data privacy as a question of boardroom importance.
Deciding where to house corporate data can be just as important as choosing jurisdiction for company incorporation or banking. The issue of physical location of data has become even more acute since the European Court of Justice ruled to annul Safe Harbor, a legal framework that governed the transfer of user data between Europe and the US and as Microsoft is being forced to release data held on servers overseas in US v. Microsoft.
Understanding of relevant laws across countries as well as thorough risk analysis are essential. That is why BPL International Legal Advisors have released our bulletin on Data Security and Privacy.
You can download the bulletin here.