1、Written byEnterprises in the GBA:Digitization opportunities,security challenges and response strategiesSummaryThe emergence and development of the Guangdong-Hong Kong-Macau Greater Bay Area(GBA)provide a major driving force for digitalization.Governments across the GBA have already released or will
2、shortly release a series of measures to safeguard data security and to ensure compliance in the digitalization process,which provide strong support to data flow across governments and enterprises and across different enterprises in a cross-border data flow scenario.While enterprises enjoy the benefi
3、ts of enabling policies and more data resources,they also face more data security challenges,including balancing business needs while coping with the different data security regulations of three regions,and responding to security safeguard challenges arising from the difference in network and other
4、conditions across the three regions.To cope with the special challenges faced by digitization,enterprises should plan and set unified compliance standards and systems,build effective compliance capability in data security,improve data security management and defense capability.Only with effective se
5、curity safeguard and compliance may enterprises sustain long-term development.1.Digitalization is a core driver of GBA development42.Data governance and data security will be a major area in development6Unification of data standards,compliance standards and security standardsUnified public data reso
6、urces systemDriving orderly flow of data across the GBA3.Favorable conditions for enterprises9Facilitating data flowMore data resources may be usedImprovement of digital infrastructure4.Data security challenges faced by enterprises13Different legal systems in Guangdong,Hong Kong and Macau create hig