The world changes at a dizzying pace and with each step technology takes, new environments emerge. The most significant recent development arose through the Internet, which continues to evolve and transform the way we communicate and do business, which has brought with it the need to protect the technological infrastructure against countless threats in this increasingly complex environment. Many will try to steal secrets of the competition (corporate and industrial espionage), personal data for extortion, theft of financial assets, blackmail, blocking of systems, identity theft, destruction of information, sale of data on the dark web, among others.
All of the above implies that, since data coexists in a not only physical but also digital environment, it is important for organizations to guarantee the security of data even before acquiring it.
In 2019, a new personal data protection law was passed in Panama. This law will come into force in March 2021 and will require companies to install protocols and systems for the custody, collection and treatment of personal data contained in their databases.
FABREGA MOLINO has a team of professionals with the expertise to support our clients in this novel area of law, to address the needs that arise as new technologies advance, accompanying our clients in complying with existing regulations.
We advise a large number of leading companies in different sectors, such as the pharmaceutical, franchise and consumer goods, as well as multinational companies of well-known brands worldwide.
This practice provides the following services: