Saudi Arabia's Trojena to host 2029 Asian Winter Games    IMF Chief: Saudi economy a bright spot amid global crises MoU inked to establish IMF regional office in Riyadh    SFDA wins Prism Award for applying practices to enhance HR leadership skills    Elon Musk under fire for inflammatory Ukraine Twitter comments    North Korea fires ballistic missile over Japan    Ukraine tank breakthrough in south toward Kherson    Danish queen 'sorry' after stripping grandchildren's titles    Saudi National Music Band to perform in Paris Friday    Riyadh symposium underscores need to globalize traditional Saudi dish Jareesh    Weather Forecast for Tuesday    Five International Financial Institutions Join the Primary Dealers Program of the Government's Local Debt Instruments    General Commission for Audiovisual Media, Snapchat Launch Family Center    Chairman of Board of Directors of Saudi Esports Federation Highlights the National Gaming and Esports Strategy    12th International Valuation Conference Kicks off with Wide International Participation    KSrelief Distributes 455 Food Baskets in Khartoum State, Sudan    RCU launches Safar art exhibition at AlUla airport    Saudi Arabia retains its seat in ITU Council by international consensus    Qatar Stock Exchange Ends Trading Higher    Saudi Minister of Commerce Heads Delegation to Morocco, Discusses Enhancing Commercial, Investment Relations    Hajj Ministry Stresses Importance of Improving Services for Pilgrims    Saudi Stock Exchange Main Index Ends Trading Higher at 11,607.96 Points    Sultan Humanitarian City wins platinum award at 2022 Patient Safety Congress in Dubai    Fans 'died in the arms' of players in Indonesia stadium crush    Fans of Sydney United 58 condemned for Nazi salutes during Australia Cup final    Saudi Arabia to host World Petroleum Congress in 2026    King, Crown Prince congratulate German president on Unity Day    Saudi Ministry of Justice: 1.5 Million clients benefit from digital conveyance of title deeds    Tadawul All Share Index Decreases by 0.79%, Equity Market Capitalization Reaches SAR 10,832.85 Billion at End of 1st Nine Months 2022    Asian Shares Mostly Lower    Al-Manea: Selling gold in installments is not permissible    174 dead in Indonesian football stadium crush    15 cups of Saudi coffee in a day are enough!    Riyadh hosts first Saudi Games on Oct. 27    19 women, 2 men qualify as Kingdom's first yogasana referees    Movies return to Kashmir with Hrithik Roshan-starrer    Islamic Minister Al-Sheikh: Juristic judgment catalyst to salvage Islamic Ummah    Culinary Arts Commission Registers 13 Foods on Slow Food List of Endangered Food    72% of Children Globally have been Victims of Cyber Threats    Saudi National Football Team Continues Preparations for Friendly Match against Ecuador    Saudi Futsal Team Beats San Marino, Wins Silver in Croatian International Championship    During 2nd Global AI Summit.. AI-powered Early Breast Cancer Detection Program Launched    Triple talaq: India Muslim women in limbo after instant divorce ruling    Film Commission Reviews Film Industry Prospects in Saudi Arabia at Venice International Film Festival    Saudi national volleyball team loses to Kyrgyzstan in Asian Challenge Cup final    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Digital Cooperation Organization Calls on Global Technological Companies to Improve, Protect User Data
Published in Saudi Press Agency on 23 - 02 - 2022

Member states at the Digital Cooperation Organization (DCO), which combined account for more than 500 million people, called on global technological companies to improve the increase the level of protection of user data.
A joint statement, issued yesterday, highlighted the importance of cooperation by technological companies with government institutions to increase the level of privacy and improve terms of use with the aim of protecting data and guaranteeing their use according to the knowledge and approval of users.
DCO Secretary General Deemah Al-Yahya said that personal user data have been used in almost half of hacking operations of data around the world during 2021 alone, calling on global technological companies to protect users against misuse of their personal information.
Al-Yahya said: "If we want to unleash the full potential of the internet, digital technologies and use them to improve the lives of peoples and provide an economic opportunity, we first have to enhance people's confidence that their personal data are truly protected, especially for groups who are less represented in the digital economy or those who are more vulnerable to face threats of hacking personal data".
She added: We, in DCO, are proud with our exerted efforts to develop a new approach in dealing with data privacy through perpetuating cooperation between global technological companies and leaders of government institutions, where this approach is envisioned to contribute to enhancing national policies and supporting developing countries in their journeys towards implementing systems concerned with privacy and overcoming relevant economic challenges.
The joint statement shed light on several issues related to privacy standards, such as ensuring the use of data based on the knowledge and approval of users, refraining from transferring data to third parties that might hack followed systems in member states, in addition to enabling users to move or remove their data from various platforms.
The Cost of a Data Breach Report 2021 issued by IBM showed that 44% of data breaches use personal information of clients and that this kind of breach is the most expensive among other kinds, and that data breaches with personal information of clients cost an average of USD 4.24 million for each breach in 2021, marking a 10% increase compared to 2020.
Meanwhile, the joint statement stressed the importance of realizing economic prosperity, shedding light on several initiatives that the DCO launched to empower the comprehensive growth of digital economy and combat challenges that face the world under the framework of data privacy, such as establishing the Excellence Center for Data Flows, which represents a global initiative to enhance data flows among countries and develop policies concerned with data protection.
DCO is a global multilateral that aims to increase social prosperity by accelerating the growth of the digital economy. By promoting common interests and collaborative digital transformation, the DCO's mission is to enable members to empower women, youth and entrepreneurs to accelerate growth across the digital economy, and achieve greater prosperity by promoting common interests and collaborative digital transformation.
DCO member states are: Bahrain, Jordan, Kuwait, Nigeria, Oman, Pakistan, Rwanda and Saudi Arabia, where these countries combined account for more than 500 million people and a total GDP of around USD 2 trillion.


Clic here to read the story from its source.