Thailand: proposed legislation sparks concern over how to balance regulation with innovation on digital platforms

Balancing Compliance and Innovation in Cybersecurity Regulations - theInspireSpy

In today’s rapidly evolving digital landscape, cybersecurity is no longer a backroom IT concern it’s a strategic priority. As cyber threats grow more sophisticated, governments and industries worldwide are racing to implement cybersecurity regulations to protect sensitive data and critical infrastructure. But here’s the challenge: while these regulations are essential for national security and consumer protection, too much rigidity can stifle in…

Thailand: proposed legislation sparks concern over how to balance regulation with innovation on digital platforms

The draft Digital Platform Economy Act introduces ex-ante obligations for digital platforms and gatekeepers, but overlap with the Trade Competition Act raises questions about regulatory coordination, market definitions and enforcement efficiency. Ongoing dialogue between regulators and businesses is essential to strike the right balance.