Tag: data fiduciary

Data Protection Bill pioneers enhanced privacy and security for all – 10 top points
Technology

Data Protection Bill pioneers enhanced privacy and security for all – 10 top points

[ad_1] By Sandeep Gupta, Managing Director, Protiviti Member Firm for IndiaIn the era of digitalization, data has become the bedrock of modern economies, propelling technological advancements and reshaping industries on a global scale. With its growing population and rapidly expanding digital infrastructure, India stands at the forefront of this data-driven revolution. However, as the country embraces the opportunities presented by data-driven technologies, addressing data privacy concerns has become paramount. Data privacy represents a fundamental right of every individual, empowering them to retain control over their personal information and dictating how it is collected, stored, and utilized. In recent years, India has witnessed a surge in attention towards data privacy issues, drive...
Digital Data Protection Bill: Check top 6 principles
Technology

Digital Data Protection Bill: Check top 6 principles

[ad_1] Digital Personal Data Protection Bill frames out the rights and duties of the citizen on one hand and the Obligations to use collected data lawfully. The Digital Data Protection Bill, which the Central government is working on, is likely to be introduced in the upcoming Budget Session of 2023-24.The Bill is currently in its draft stage and has been placed in the public domain for consultation. The Digital Personal Data Protection Bill is legislation that frames out the rights and duties of the citizen (Digital Nagrik) on one hand and the Obligations to use collected data lawfully of the Data Fiduciary on the other hand. The bill is based on the following principles around the Data Economy: The first principle is that the collection and usage of personal data by organisations mu...