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Navigating Legal Challenges of AI Advances and Data Theft in Singapore

Terence Koh, founder of Genk, opted for a private criminal prosecution after a civil suit for data theft yielded insufficient deterrence. He criticized Singapore's lack of specific trade secrets legislation, noting that existing laws inadequately address commercial data theft, which undermines business security. Koh's case highlights the urgent need for stronger legal frameworks to protect proprietary information in the digital age.
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Singapore Dollar OpenAI ERC USD Microsoft Corporation Google Inc. USA CHN JPN DEU SGP Jeth Lee Terence Koh Show more
Regulatory & Legal, Market Report
13:42 05.12.2024
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