Research Article
Shielding Privacy: Navigating Personal Data Protection Law in Indonesian Fintech Peer-to-Peer Lending
@INPROCEEDINGS{10.4108/eai.11-11-2023.2351308, author={Hendri Khuan}, title={Shielding Privacy: Navigating Personal Data Protection Law in Indonesian Fintech Peer-to-Peer Lending}, proceedings={Proceedings of the First International Cyber Law Conference, ICL-C 2023, 11 November 2023, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICL-C}, year={2025}, month={5}, keywords={legal protection legal certainty personal data protection fintech law cyberlaw indonesia cyber law conference -- 2023}, doi={10.4108/eai.11-11-2023.2351308} }- Hendri Khuan
Year: 2025
Shielding Privacy: Navigating Personal Data Protection Law in Indonesian Fintech Peer-to-Peer Lending
ICL-C
EAI
DOI: 10.4108/eai.11-11-2023.2351308
Abstract
The Indonesian P2P Lending fintech industry is growing rapidly, raising concerns about personal data protection due to the extensive collection of sensitive information. This article focuses on the regulatory landscape, especially the Personal Data Protection (PDP) Law, which aims to protect digital privacy. This study examines data management practices in Indonesian P2P Lending fintech platforms, explains the legal protection for personal data under Indonesian law, and explores the legal remedies for P2P Lending fintech users in cases of data breaches. Using a normative legal approach and descriptive legal analysis, this study uses a qualitative study to identify critical legal provisions, clarify their implications, and propose improvements. Personal data protection in Indonesian P2P Lending fintech is regulated by various regulations such as the ITE Law, the P2SK Law, the PDP Law, and POJK 10/2022. Legal protection includes preventive and repressive measures. Users can seek non-judicial or judicial remedies in the event of a data breach. This study aims to provide a comprehensive source of information for industry stakeholders, regulators, and parties interested in fintech, data protection, and Indonesian law.
