Protection of Personal Data within the Framework of Corporate Governance Cover Image

Zaštita podataka o ličnosti u okvirima korporativnog upravljanja
Protection of Personal Data within the Framework of Corporate Governance

Author(s): Lidija Zečević
Subject(s): Law, Constitution, Jurisprudence
Published by: Удружење за европско право - Центар за право Европске уније
Keywords: corporate governance; personal data protection; data breach; cybersecurity; General Data Protection Regulation (GDPR)

Summary/Abstract: The article analyzes the relationship between corporate governance, cybersecurity and personal data protection. Where appropriate, the author refers to domestic sources and relevant legal norms, emphasizing the fact that Serbian law has not yet recognized the necessity of detailed regulation of this matter. Therefore, the article aims to highlight current trends and recent developments in foreign literature and practice that Serbian law could look up to.In the first part of the paper, the author points out the significance of personal data and the importance of their legal protection. In the second part of the paper, the author analyzes cybersecurity as a new business risk and explains how corporate governance can respond to it and mitigate it. In the third part of the paper, the author analyzes various cases of cybersecurity attacks that led to data breaches in the largest companies on the market, as well as the significant financial and legal consequences that such attacks had on those companies.The author further concludes that data breaches can be very debilitating for companies and once again underlines the need to examine the (in)adequacy and (un)preparedness of existing legal regulations to respond to the cybersecurity risks and modern business challenges.

  • Issue Year: 27/2025
  • Issue No: 1
  • Page Range: 87-112
  • Page Count: 26
  • Language: Serbian
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