Here's a quick capsule of the best of Business Standard's opinion pages today for your quick reading.
Digi Yatra data stored on airport systems is automatically purged within 24 hours of a flight's departure, says aviation ministry
India will come out with a legal framework to ensure data privacy that will encourage free data flow among trusted partners, Commerce and Industry Minister Piyush Goyal on Thursday said, as he sought investment in technology and innovation. Speaking at the UK India Business Council's 'UK-India Technology Futures Conference', the minister said India and the UK can collaborate on technology in the fields of AI education, telemedicine, climate modelling, precision agriculture and organic chemical, electronic and food industries. Goyal pointed out that it will be important to understand how in the future the digital world and sustainability issues will intersect. A major portion of energy will be consumed by systems that will churn out data and that will have an impact on sustainability issues, he said, adding that there are very few places in the world where there is an interconnected grid in the way that India has. The minister said that by 2030, India would have a thousand-gigawatt
Adani Airport Holdings (AAHL) and Thales have joined hands for the implementation of cloud-based solutions at AAHL managed airports in India for streamlining the operations
Cookies are packets of information that allow websites and advertisers to identify individual web surfers and track their browsing habits, but they can also be used for unwanted surveillance
Tech giants Google, Meta, YouTube, and Snap are concerned over India's new Digital Personal Data Protection Act's restrictions on behavioural tracking of children as they may compromise child safety
Amid rising cyber threats, DPDP Act marks a pivotal step in data privacy management, with stakeholders eager for comprehensive guidelines
92% companies in India recognise customers want adequate protection of their data: Cisco survey
Sachin Tendulkar's deepfake video: The fabricated video of the cricketer depicted him endorsing a mobile gaming application, sparking concerns over data privacy on social media
Cyber risks are cited as the biggest threat faced by Indian organisations with 38 per cent of respondents feeling highly or extremely exposed to it, says a survey. With this, cybersecurity has jumped two spots from number three to number one on the risk radar when compared to the 2022 Global Risk Survey, the PwC's 2023 Global Risk Survey- India edition stated. PwC said the final results of the survey are based on 3,910 survey responses from Business and Risk Management leaders (CEO, board, risk management, operations, technology, finance, audit) across 67 territories providing their views on the status and direction of risk in their organisation. 163 Indian organisations were a part of this survey. Other digital and technology risks are also top concerns for business leaders in India (at 35 per cent). To address the challenges, Indian organisations are making bold investments in cybersecurity with more than half of the respondents planning to invest in cybersecurity tools (55 per .
Finance Minister Nirmala Sitharaman on Thursday assured that customer data shared with account aggregators (AA) is completely safe in India. Concerned over the slow movement of the AA scheme, she said, "It is not as much as I would want to see. It can be better, which means either the building of awareness exercises are not sufficient, adequate" or there is a need for simplification of technology. "Banks, both public and private, have reviewed it with me once. Banks have become a member or a part of this account aggregators working, and it has actually helped," she said at the 'DATE with Tech' event here. She stressed that the enthusiasm of the banks has to be accentuated, only then that it will reach every customer. Allaying concerns about data security, she said, "Initially, there were some apprehensions that possibly, account aggregators are going to sit over data bank. They cannot hold data. They are just a pass-through. Neither the beneficiary customer nor the bank can sit on
The framework will operate as a part of the Digital Personal Data Protection Act, of 2023, which was passed by the parliament in August
Lock up Aadhaar biometric; in future keep a close tab on SMS inbox, financial statements, credit report
Deepfakes are videos creating delusion with the use of deep learning, AI, and photoshopping techniques to make images of fake events
The government is also likely to have sweeping powers to track, monitor, intercept, moderate and take down online content under the new law
Data Protection Board of India could play an essential role in bringing about regulatory agility and striking the right balance between regulation and innovation in a data-dependent digital economy
A new law that defines how companies should process users' data came into force with the President giving assent to the Digital Personal Data Protection (DPDP) Act passed by Parliament in the just-concluded monsoon session. The law arms individuals with greater control over their data while allowing companies to transfer users' data abroad for processing, except to nations and territories restricted by the Centre through notification. It also gives the government power to seek information from firms and issue directions to block content. While the new law seeks to establish a robust framework for the protection of personal data in the digital realm, it has drawn criticism from some quarters over broad exemptions granted to state entities and some of its provisions diluting the landmark Right to Information (RTI) law. The new legislation comes after the government, last year, withdrew a December 11, 2019 bill that had alarmed tech companies like Facebook and Google with its proposals
If a child uses 40 apps on the phone and each of these apps has a copy of the child's Aadhar card along with their parents, then it would be a big issue, an industry expert said
The focus of the Bill is to protect internet users from online harm and create a safe and trusted digital ecosystem as India is a digital economy powerhouse today
The earlier draft has stipulated that in the case of non-compliance, a penalty of up to Rs 500 crore could be imposed