Global Data Governance
Data governance has long been the domain of corporate and organizational strategy, lending a competitive advantage to those able to optimize their data collection, organization, transfer, and discovery practices. With the increasing digitalization of organizations and economies, data governance—and clear establishment of data collection standards, storage, transfer and use protocols—is becoming an increasingly pressing and global issue.
While intellectual property and proprietary data have long been governed through strict legal frameworks, relatively scant protections have existed for user data and personal information. This lax regulatory environment for consumer data in particular has enabled the rise and dominance of global tech companies from Facebook and Google to Baidu and Tencent and has spurred a wave of privacy-focused regulation around the world.
In FP Analytics’ Data Governance Power Map series, we examine the emerging laws, regulations, and technologies that are both enabling greater data collection and impacting cross-border data flows. FPA’s Power Maps catalog the data localization laws, comprehensive national data regulations, government data collection, and monitoring and surveillance technologies that are shaping the global data governance landscape and carrying wide-ranging impacts for individuals, companies, governments, multilaterals, and non-profits.
Notably, these emerging data regulations are fundamentally altering the way organizations of all types can operate internationally. Major data privacy frameworks developed by first movers are serving as templates for other national frameworks under development, many of which are being tweaked to suit prevailing governments’ domestic agendas. For example, the recent passage of the EU’s General Data Protection Regulation (GDPR) and China’s Cybersecurity Law—two of the most comprehensive packages of data privacy regulations—have already had cascading impacts on businesses and organizations in these markets and on all of their trading partners. In 2017, U.S. firms cited data localization policies as their number-one impediment to digital trade, and these types of protectionist measures are only growing. And that is just the beginning.
At the same time, many national governments are crafting exemptions to their data privacy laws, empowering them to expand monitoring capabilities and build up massive data collection infrastructure. Driven by economic and national security interests, governments are increasingly monitoring private citizens, requesting access to corporate data, and limiting encryption. This mass accumulation of data can have transformative impacts on societies, raising questions about what uses are, in fact, in the public interest.
FP Analytics’ Data Governance Power Map series breaks down key emerging trends in global data governance by:
- Pinpointing emerging global data governance trends;
- Cataloguing specific data localization and data privacy laws by country;
- Mapping encryption policies around the world;
- Charting the global sales of data collection and surveillance technology; and
- Exploring the risks and implications for businesses and individuals.
FP Analytics provides the most comprehensive assessment and mapping of data localization and privacy laws to date, as well as one of the most complete assessments and mappings of government data collection and regulation trends around the world. It is a powerful tool for businesses and others seeking to understand how evolving global governance regimes are shaping our digital world.