Open AccessPERLINDUNGAN HUKUM TERHADAP DATA PRIBADI DALAM INDUSTRI FINANCIAL TECHNOLOGY
Author(s) -
Elvira Fitriyani Pakpahan,
Lionel Ricky Chandra,
Ananta Aria Dewa
Publication year - 2020
Publication title -
veritas et justitia
Language(s) - English
Resource type - Journals
eISSN - 2460-4488
pISSN - 2460-0555
DOI - 10.25123/vej.3778
Subject(s) - misappropriation , government (linguistics) , business , financial services , data protection act 1998 , data breach , accounting , law , law and economics , political science , internet privacy , finance , economics , philosophy , linguistics , computer science
It came to the author’s attention that personal data collected or appropriated in the course of FinTech industry especially those that related to FinTech Peer to Peer Lending services are prone to misuse. The author, after perusing the prevailing laws regarding FinTech industry, concludes that a well-functioning system of rules has been put in place to regulate this industry. However, what is lacking is sufficient guarantee or protection of consumer’s personal data. Available is the option to use a weak (administrative, civil or penal) sanction against alleged misuse or misappropriation of personal data. To enhance better legal protection, the author suggests, that the government issue a special law on personal data protection, including establishing a a special governmental supervisory body to that purpose.