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A Turning Point For Privacy Laws In Israel

Israel is recognized around the world as an important technology hub. It is home to hundreds of large, multinational tech corporations operating substantial local research and development, sales, and management activities. It boasts an environment where innovation is fostered, growth achieved, and the commerce of modern industries flourishes on a global scale. Because data is a core asset in many tech ventures, Israel is also a jurisdiction worth monitoring from a data protection perspective — and 2022 will likely be a turning point for privacy laws in Israel. On January 5, the Israeli government introduced a substantial amendment to the Protection of Privacy Law. The amendment, known as Bill No. 14, encompasses two sets of previously proposed updates to the law. When enacted, it will be the largest and most comprehensive update since 1996, when updated data processing provisions were incorporated into the law.

 

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Posted Under: Israel

Post By Ken Shafton (1,696 Posts)