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:
- Compliance advice, risk assessment and mitigation.
- Preventive support to ensure compliance with applicable regulations.
- Advice to companies in the proper handling of data protection.
- Assessment of data protection and cybersecurity problems in M&A transactions.
- Design of corporate policies, protocols and procedures for the compilation, safeguarding and treatment of personal data, as well as for the attention of procedures and claims in the matter.
- Review and drafting of contracts related to cybersecurity and data protection.
- Legal representation in handling administrative and judicial disputes in the matter.
