Try GOLD - Free
Data Privacy Defanged
Business Today
|August 26, 2018
The Srikrishna Committee report has too many loose strings that need to be fixed before it becomes law.
YOU DON’T own your data, your data can reside in a foreign land – and, you could be liable for withdrawing consent. Those are just some of the shocking clauses in the much delayed “The Personal Data Protection Bill 2018” architected by the Justice Srikrishna Committee. Despite submitting a draft report way back in November 2017, this is far from a complete Bill. “The Bill could have been prescriptive. But it’s still very open-ended,” says Vidur Gupta, Partner, Cyber Security, Government, Ernst & Young India.
In fact, a few from the 10-member panel say the committee did not even consider the Telecom Regulatory Authority of India (Trai) recommendation that ownership rests with the individual (data principal in this Bill), everybody else is a mere custodian. Instead, who owns the data of individuals is a question not even answered by the Srikrishna Committee. “It’s better to separate it from ownership and look at rights,” says Rahul Matthan, Partner, Trilegl. That’s at the core of the glaring shortcomings in the Bill. Here are a few more.
This story is from the August 26, 2018 edition of Business Today.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Today
Business Today India
SMALL WONDER
For Karur Vysya Bank, growth stems from pairing its enviable legacy with an enthusiastic embrace of technology
3 mins
March 15, 2026
Business Today India
TALENT EDGE
For HDFC Bank, the focus is on ensuring that scale, technology and talent depth move in step
1 min
March 15, 2026
Business Today India
CLEAN GROWTH
How Bajaj Housing Finance became the third-largest housing finance player in India without compromising asset quality
2 mins
March 15, 2026
Business Today India
POWERING DECISIONS AT SCALE
From digital loans to health insurance claims, Perfios is building a global decision-making platform
3 mins
March 15, 2026
Business Today India
THE NEW-AGE BANK
Bank of India's strategic push into artificial intelligence as part of its broader transformation is beginning to pay off
3 mins
March 15, 2026
Business Today India
Management Advice
“LEADERS, MANAGERS MUST LEARN CONSTANTLY”
2 mins
March 15, 2026
Business Today India
MAKING AI WORK FOR BHARAT
At a recent event, TCS highlighted how tech can help women and the youth scale barriers
2 mins
March 15, 2026
Business Today India
STEADY RISE TO THE TOP
Jana Small Finance Bank moves from rank three in FY24 to rank one by focusing on customer engagement and technology-led delivery
3 mins
March 15, 2026
Business Today India
TRAINING FOR THE FUTURE
At DBS Bank India, the vision is clear: use AI to cut down on toil and improve productivity
1 mins
March 15, 2026
Business Today India
INDIA'S GLOBAL BANK
A conservative balance sheet, disciplined growth, and sharp execution have helped HSBC India stand out among foreign banks and bag two awards
4 mins
March 15, 2026
Translate
Change font size

