Synthetic data

On 15 July 2024, the Personal Data Protection Commission (PDPC) of Singapore released a guide on generating synthetic data, emphasizing privacy-enhancing technologies. The guide outlines the benefits and applications of synthetic data, such as improving AI model training, data sharing, and software testing, while highlighting the importance of mitigating re-identification risks. It includes practical recommendations and case studies demonstrating synthetic data’s effectiveness in various sectors, including finance and healthcare.