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Aftech launches data protection ethics code highlighting user consent
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Illustration of data protection (Shutterstock.com/Boiko Y)
T
he Indonesian Fintech Association (Aftech) has launched a code of ethics that holds its members responsible for protecting user data on their platforms so as to underpin trust in the digital economy.
The code requires tech companies to obtain user consent to process their data, including to share it with affiliates or for targeted ads. Companies have to provide specific reasons behind their requests and are forbidden to ask for data beyond the actual purposes of their services.
Aftech data protection task force head Sati Rasuanto said the code obliged tech companies to ensure the safety and confidentiality of users’ data. Mechanisms for handling violations or abuse, data deletion or renewal, and requests from government agencies were also included in the code.
“This will help the fintech industry grow sustainably. Consumer safety is the main thing. Without trust, they would not use fintech and the fintech industry’s growth would be hampered,” Sati said at the press conference on Monday.
The code comes amid sluggish progress on the data protection bill, which has been postponed multiple times since lawmakers and the government began its deliberation in 2014.
While the bill is stuck at the House of Representatives, cyberthreats have continued ravaging companies and government agencies in a trend that adds to public concern.
Read also: Activists demand swift passage of data protection bill
