Companies that use personal data to create value must alter how they collect, share, safeguard, and monetize it. The need for a strong data privacy policy is increasing each day. Keep reading to learn more about the purview of data privacy.
Data privacy deals with the appropriate handling of information or data depending on its relative relevance. One’s name, address, phone number, or online or offline conduct are examples of personal information. Many online users desire to regulate or limit specific sorts of personal data collecting, much as someone might want to keep certain people out of a private chat. Let’s know about new data privacy policy in this blog.
Safeguarding and protecting data from various risks and under various conditions is the basic notion and significance of data protection. Over time, as Internet usage has grown, so has the significance of privacy Policy for Website. In order to deliver services, websites, software, and social media platforms frequently need to gather and preserve personal data about users.
What Is the New Purview of Data Privacy?
In this modern era of technological advancements, there has been a massive shift toward adopting universal connectivity. This enhanced connectivity has assisted people in becoming more collaborative, and individuals in operations, business, and technical positions have become proficient at integrating disparate solutions to fulfill varying requirements.
However, this constant connectivity leaves us vulnerable to rising cyber threats. In addition, over the past few years, businesses have witnessed a massive expansion in their online operations, leading to data segregation and development across different applications, locations, and devices.
Therefore, data privacy policies and compliance standards such as managerial access and data ownership are significant problems for government institutions and companies that employ cloud-based services. Hence it becomes imperative to have comprehensive data privacy laws that guard your company against potential cyber threats.
Significance of Data Privacy
It is crucial to protect sensitive data and private information. Information about finances, health, and other private consumer or user data can put people in danger if it falls into the wrong hands. Individuals may be at risk for fraud and identity theft due to a lack of access control over personal information.
Just as modern hyper-connected organizations use big data, multiplatform brings new cyber attack susceptibilities, and the obligation for guarding it is also in flux. Apart from the upfront expenses, the functional difficulty of incorporating new goods into your current network can be challenging.
In addition, it is questionable to guarantee your clients’ data privacy while complying with regional compliance rules and a comprehensive data privacy policy. This compliance to data privacy takes time away from your enterprise processes, while your workforce needs to understand how data privacy regulations vary by country.
And the expense of getting it wrong is high, not to overlook the invaluable cost of losing customers’ loyalty. Given these troubles, several organizations deploy additional data privacy solutions such as next-generation perimeter firewalls, internal firewalls, UTM, IPS, IDS, and so on to improve safety and accomplish higher regulatory needs.
Three Important Technologies for Data Privacy
The following are only a few of the modern technologies that can safeguard user privacy and keep data more secure. Technology by itself, meanwhile, is insufficient to safeguard data privacy:
- Two-factor authentication
- Encryption
- Access control.
How to Collect Data for It and What Is the Best Way to Present That Data?
Here are some effective ways to collect data and the most promising way to present it.
Start With A Centralised Perspective
Data safety demands better visibility at the activity and system levels, especially when numerous devices reach your servers from diverse locations. In addition, you can manage all of your devices and touchpoints at the hypervisor layer with software-defined protection policies. Furthermore, users can leverage data flow between servers for dashboarding and monitoring to provide granular visibility and cyber threat avoidance.
This way, you can better evaluate a user’s risk stance by comprehending how they access crucial applications and business assets. One of the most vital benefits of data collection and presentation is making well-read policy decisions based on multi-dimensional data from different resources.
Embrace Micro-segmentation
Data privacy and regulation were essentially concerned with pitching perimeter walls to keep outside dangers from penetrating systems for an extended time. Furthermore, businesses realized that most cyber threats and invasions occurred due to internal incursions and APT (Advanced Persistent Threats).
It was primarily due to a lack of segmentation and monitoring, accounting for more than 75% of network activity. Hence, cybersecurity units started executing VLAN/ACLs and internal firewalls to manage this concern. Maintaining ACLs (access control lists) and transforming hundreds of firewall regulations is an operational issue in a dynamic industry context, even while these precautions reduce internal risks.
Revamping security rules is complicated and time-consuming due to resource movement across business units and personnel turnover. This micro-segmentation emerges as a more viable and effective security data collection and presentation solution in this scenario. It lets you separate network settings to the accommodated level, limiting key application usage and data cross-contamination. You can inflict specific policies for data privacy and compliance once your network splits according to your safety prerequisites.
Limit Hardware Expenses
Until lately, organizations established an enterprise safety solution that necessitated establishing a mix of hardware, such as routers, firewalls, and switches. Extensive network security companies forced these hardware-based solutions, which cost them considerable funds.
Any upgrade or change would have required buying additional hardware (jointly with associated data security software) from the same supplier or inviting advisors to install modifications to match your company’s needs. As a result, supplier reliance, operational expenses, and network complexity have risen.
A Brief Example of Microsoft’s Data Privacy Purview
Microsoft recently introduced a data privacy purview To fulfill the challenges of the modern decentralized, data-rich organization. It is an exhaustive set of solutions that assist you in managing, safeguarding, and handling your entire data estate. This new data privacy policy incorporates the abilities of the former Microsoft 365 Compliance and Azure Purview portfolio that clients already depend on, delivering unified data management and risk control for your business.
Need for Data Protection Laws in India
With the increasing use of technology and the internet, there is a growing need for data protection laws to safeguard the privacy and security of individual’s personal information.
While, India has a detailed and well-defined legal system in place, but there were no specific laws governing data protection in the country. This lack of regulation led to concerns about the misuse of personal data, particularly in the digital age.
Why India Needs a New Codified Data Protection Law?
India’s old data protection regime was largely governed by the Information Technology Act, 2000 (the Act) and rules notified thereunder. However, the Act did not provide comprehensive protection for personal data, and there was a need for a new codified data protection law that is in line with international standards. The new law provides clear guidelines on the collection, storage, processing, and transfer of personal data, and also establishes a regulatory framework to oversee compliance and enforcement.
Comparison of the Digital Personal Data Protection Bill with Previous Bills
India’s Digital Personal Data Protection Act received presidential assent and was published in the Gazette of India on August 14, 2023. The Act replaces the Personal Data Protection Bill, 2019, which was introduced in the Lok Sabha in December 2019 but lapsed with the dissolution of the 16th Lok Sabha in May 2019.
The Act also differs from the earlier version of the bill in several key respects. For example, the Act grants several rights to data principals, including the right to know what personal data is processed, the right to data deletion, and the right to data portability. The Act also introduces new provisions on data localization, which require certain categories of personal data to be stored only in India.
In conclusion, the new Digital Personal Data Protection Act is a significant step forward for data protection in India. The Act provides much-needed clarity and guidance on the collection, storage, processing, and transfer of personal data, and establishes a regulatory framework to oversee compliance and enforcement.
While there may be some concerns about the Act’s provisions on data localization and the waiver of compliance requirements for certain data fiduciaries, the Act represents an important milestone in India’s efforts to protect the privacy and security of individual personal information.
FAQs:
1. What is the new data privacy law in India?
The new data privacy law in India is the Digital Personal Data Protection Act, which was passed by both the upper and lower houses of Parliament and received presidential assent on August 14, 2023. The Act replaces the Personal Data Protection Bill, 2019, which lapsed with the dissolution of the 16th Lok Sabha in May 2019.
2. What is the Right to Privacy bill 2023?
There is no Right to Privacy bill 2023 in India. However, in 2017, India's Supreme Court declared that privacy is a fundamental human right. This decision paved the way for the development of data protection laws in the country, culminating in the passage of the Digital Personal Data Protection Act in 2023.
3. Does India have GDPR laws?
India does not have GDPR (General Data Protection Regulation) laws. However, the Digital Personal Data Protection Act, which was passed in 2023, provides comprehensive protection for personal data and is in line with international standards.
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