But correcting the problems of today’s digital economy will depend less on government regulators than on the harnessing of market forces. Already, market-inspired data privacy and cybersecurity services are becoming hot commercial commodities, not least in Asia.
This has given rise to a new “RegTech” sector—where companies and governments use artificial intelligence (AI) to manage regulatory processes—which could create opportunities for a wide range of businesses, large and small.
While all nations around the world face data-protection challenges, they are particularly acute in Southeast Asia because the region of 600 million people combines high growth in the digital economy with a fragmented regulatory landscape, spread across a dozen different countries. Moreover, Southeast Asia lacks the legal and…
