India is on the brink of implementing stricter data protection regulations. The Digital Personal Data Protection Act (DPDP Act), once notified, will significantly impact how businesses handle personal data. Upcoming Data Protection Rules poised to transform privacy landscape in India.
The long-awaited administrative rules providing specifics of the legislation governing personal data and its protection are likely to be notified soon, a top lawmaker, as per ET. This could happen “well before” the Maharashtra assembly elections which will be held on November 20, the person added.
Key Provisions of the DPDP Act:
● Data Protection Board: A dedicated Data Protection Board will be established to oversee implementation and enforcement of the Act.
● Consent-Based Framework: Businesses will need explicit consent from individuals before collecting and processing their personal data.
● Data Minimization: Organizations must collect only the necessary personal data to fulfill specific purposes.
● Data Security: Robust security measures must be implemented to protect personal data from unauthorized access, breaches, and loss.
● Cross-Border Data Transfers: Strict regulations will govern the transfer of personal data to other countries, especially those without adequate data protection standards.
● Penalties for Non-Compliance: Significant penalties will be imposed on businesses that fail to comply with the Act's provisions.
The DPDP Act aims to strike a balance between innovation and privacy, ensuring that businesses can thrive while safeguarding the rights of individuals. As the notification of the Act draws near, organizations must prepare to adapt to the new regulatory landscape and prioritize data protection in their operations.
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