Joint Ministry Announcement of the 'National MyData Innovation Promotion Strategy'
Priority Given to Leading Sectors with High Public Impact
Subordinate Legislation to be Established in the Second Half of the Year, Full Implementation in 2025
The 'MyData' project, which gathers scattered personal information into one place and utilizes it for desired services, has taken its first step. The government, having formed the 'Pan-Government MyData Promotion Team,' plans to prepare subordinate legislation in the second half of the year and fully implement the MyData system by 2025.
On the 17th, the government announced the 'National MyData Innovation Promotion Strategy' jointly by related ministries at the Emergency Economic Ministers' Meeting and Export Investment Measures Meeting held at the Government Seoul Office.
Currently, once individuals consent to the use of personal information according to the needs of companies and institutions, individuals inevitably remain in a passive position regarding data use and management thereafter. Through the revised Personal Information Protection Act enacted last March, MyData, which will be introduced across all industrial sectors in the future, is a system that allows data subjects to transfer their personal information to desired places and utilize it for services they want.
The government expects that when data, previously blocked by silos within companies and institutions, is integrated through MyData, it will accelerate the digital transformation. Under the vision of 'Leading the Digital Transformation Era with MyData,' the government aims to grow the data market size by more than 20% by 2027.
Gradual Expansion... Implementation of Privacy Protection
The government plans to prioritize implementing the system in sectors where citizens can feel the impact most. The ten key focus areas closely related to citizens' quality of life include healthcare, welfare, telecommunications, energy, employment and labor, transportation, education, distribution, and leisure. Unlike financial MyData, which was established based on homogeneity within the financial sector, the system will be designed considering the diverse characteristics of various industries.
To ensure citizens' trust, a MyData safety guideline will be established that collects only the minimum necessary information and uses transmitted data solely within the scope of the transmission purpose. Additionally, a 'MyData Support Platform' will be built to support transparent exercise of MyData rights by citizens. Through this platform, individuals can check all their personal information transmission history, immediately stop unwanted transmissions, or request the destruction of previously transmitted data.
While operating a privacy infringement reporting center, violations of personal information protection obligations will be strictly sanctioned through fines, corrective orders, penalties, and criminal charges.
System Operation to Secure Dynamism in the Private Market
The government plans to set facility and technical requirements necessary for the safe handling of personal information, considering the private market situation, and minimize entry regulations so as not to hinder the innovation momentum of the data economy. However, areas requiring sufficient public protection, such as handling sensitive information like medical data on a large scale, will be operated under a permit system as an exception.
To alleviate the burden on the private sector and promote data movement and linkage across different fields, specialized intermediary institutions will be designated by sector, and a standard reference intermediary model will also be prepared. These intermediary institutions refer to infrastructure organizations that receive data from information providers, convert it into a standardized form, and transmit it to recipients, supporting the exercise of transmission request rights.
Meanwhile, the 'Pan-Government MyData Promotion Team,' launched last July, will begin preparing subordinate legislation in the second half of the year. Also, a public-private joint MyData council, led by the Personal Information Protection Commission and involving academia, industry, civic groups, and related ministries, will be launched in September to lead social discussions. The plan is to start building the MyData platform in 2024 and fully implement the system in 2025.
Ko Hak-su, Chairperson of the Personal Information Protection Commission, stated, “MyData is an opportunity to create one of the world's most dynamic data ecosystems in Korea,” adding, “Through the Pan-Government MyData Promotion Team and the public-private joint council, we will establish institutional and technical infrastructure and actively discover and spread leading projects to open a MyData era trusted by the public.”
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