Thanks Dean. One of the biggest trends worldwide is data centers. Thanks to computing and big data, there is a growing need for more storage, more processing power, etc, which is driving the demand for new data centers.
Countries worldwide are seeing data centers as lucrative business opportunities. Those likely to be successful would need to be supported by appropriate data protection laws. Hence the Caribbean ought to be proactive in ensuring that it is well positioned to capitalize on this emerging investment opportunity…
]]>The issue of “offshore data havens” was also discussed last week at the Wall Street Journal: “NSA Internet Spying Sparks Race to Create Offshore Havens for Data Privacy[1]
This is why at Cloud Carib we are hosting our infrastructure in Nassau Bahamas, to take advantage of the data protection act[2]
[1] http://online.wsj.com/article/SB10001424052702303983904579096082938662594.html
[2] http://www.thebahamasinvestor.com/2013/cloud-carib-assures-clients-of-confidentiality/
For example, Trinidad and Tobago’s Data Protection Framework was only deemed “Limited” in the HIPCAR document because at the time of the Assessment in 2010 the Bill considered was not yet law.
Since then the Bill was passed into law in 2011, though not fully proclaimed. Thus the description “Limited Treatment of the Subject” is inaccurate.
In fact, in most instances the Trinidad and Tobago Act would be assessed as “good”.
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