The new Data Act, approved in March by the European Parliament, aims to ensure fairness in the digital environment and restate the balance in the way data is shared between businesses, states and consumers.But will this initiative promote or hinder cybersecurity? In a statement to IT Insight Security magazine, Martim Bouza Serrano, Partner and Head of TMT practice explains what the Data Act brings to the European market and analyses the implications and benefits of its implementation.
According to the partner "Companies will be given access to an endless amount of high quality data generated by leading industry companies, which they will be able to use to adapt their services and products in order to increase their efficiency and customisation".