Dan Or-Hof, our founder, has highlighted the groundbreaking developments in Israeli data protection law following the enactment of Bill No. 13 to the Protection of Privacy Law on August 5, 2024. This reform marks a significant shift, bringing Israel to the forefront of global data governance with a robust and updated legal framework.
Key takeaways from Dan’s article:
✨ 5% Fines: Administrative penalties can reach up to 5% of a company’s annual turnover.
✨ Civil and Criminal Liabilities: The introduction of statutory and exemplary damages, along with severe criminal penalties, adds new layers of accountability.
✨ New Obligations: Enhanced notice requirements, mandatory CISO and DPO appointments, and specific provisions for data brokers and law enforcement agencies demand immediate attention.
✨ Beyond GDPR: This reform requires a reassessment of data processing activities, as GDPR compliance alone will not suffice under the new Israeli regulations.
In his recent article, Dan dives deeper into how these amendments set Israel apart, balancing stringent privacy protections with the need for national security. As he points out, businesses operating in Israel must now prepare for heightened regulatory scrutiny and allocate resources to meet these new challenges.
Read Dan’s full analysis here: https://iapp.org/news/a/charting-its-own-path-the-new-reform-in-israeli-data-protection-laws
At OR-Hof Law, we’re committed to guiding our clients through these complex changes, ensuring that they are fully compliant and prepared for the future.
Photo by Rafael Nir
