IDEALIZATION OF ESTABLISHING THE PROFESSIONAL DATA PROTECTION OFFICER FOR FINANCIAL TRANSACTION MANAGEMENT IN INDONESIA: REFLECTING ON EUROPEAN UNION

 

IDEALIZATION OF ESTABLISHING THE PROFESSIONAL DATA PROTECTION OFFICER FOR FINANCIAL TRANSACTION MANAGEMENT IN INDONESIA: REFLECTING ON EUROPEAN UNION

Carissa Christybella Wijaya 
Fajar Sugianto 

Rizky P.P. Karo Karo
Tomy Michael

Abstract

In the current digital era, digital economic and financial transactions are increasing rapidly in line with the use of digital platforms during the pandemic caused by Large-Scale Social Restrictions (PSBB). The growth was offset by the rampant cases of personal data leakage in digital financial transactions in Indonesia. Besides, personal data itself is a person’s personal right that must be protected as best as possible and efforts to protect personal data for users of digital platforms is needed. The application of a Data Protection Officer that reflects the General Data Protection Regulation is the right solution for protecting personal data. This research was conducted with the aim of giving companies and consumers confidence in the Data Protection Officer as an independent institution capable of protecting personal data on digital platforms. The research method used is juridical normative with a statute approach, a case approach, and a comparative legal approach. The results and conclusions of this study are that it is necessary to formulate a regulatory formulation for the Data Protection Officer profession so that it can function according to its protection function.

Keywords: Data Protection Officer, Digital Era, Financial Transactions, Profession

JEL Codes: F38, K38

DOI: 10.37708/el.swu.v3i2.4

CITE AS:

Wijaya, C. C., Sugianto, F., Karo Karo, R. P.P., & Michael, T. (2021). Idealization of establishing the professional data protection officer for financial transaction management in Indonesia: reflecting on European Union. Economics & Law, 3(2), 31-42. DOI: 10.37708/el.swu.v3i2.4
Wijaya, Carissa C., Fajar Sugianto, Rizky P.P. Karo Karo, and Tomy Michael. “Idealization of establishing the professional data protection officer for financial transaction management in Indonesia: reflecting on European Union.” Economics & Law, 3, no. 2 (2021): 31-42. doi: 10.37708/el.swu.v3i2.4
Wijaya, C. C., Sugianto, F., Karo Karo, R. P.P., & Michael, T., 2021. Idealization of establishing the professional data protection officer for financial transaction management in Indonesia: reflecting on European Union. Economics & Law, 3(2), pp. 31-42. doi: 10.37708/el.swu.v3i2.4
Wijaya, Carissa C., et al. “Idealization of establishing the professional data protection officer for financial transaction management in Indonesia: reflecting on European Union”. Economics & Law, vol. 3, no. 2 (2021): 31-42. doi: 10.37708/el.swu.v3i2.4

IDEALIZATION OF ESTABLISHING THE PROFESSIONAL DATA PROTECTION OFFICER FOR FINANCIAL TRANSACTION MANAGEMENT IN INDONESIA: REFLECTING ON EUROPEAN UNION

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