CLChile's data protection law, which comes into effect on December 1, 2024, imposes strict obligations on public services and companies regarding personal information handling. The law establishes a new regulatory framework with significant financial penalties, ranging from $358 million to $1.4 billion initially, potentially tripling with repeat offenses. While large corporations are preparing through internal reviews and compliance teams, smaller businesses face challenges in adapting due to limited resources. Industry leaders like Luis Opazo of Abif and Susana Jiménez of CPC acknowledge varying levels of preparedness across company sizes. Legal experts such as Felipe Harboe and Marcelo Drago note increased demand for legal and technological adaptation, particularly among medium-sized enterprises, startups, and small businesses.
Bias read (Center): The article presents balanced reporting by highlighting both the challenges faced by smaller businesses and the efforts of larger organizations to comply. It includes perspectives from multiple stakeholders including industry associations and legal professionals without overtly favoring any specific
