SHAHID FARIDI: There is a big debate on freedom of speech and the need to regulate OTT platforms. How do you plan to balance the two?
The short answer is we will regulate only communication OTTs. It will be a light touch. What is the focus of regulation? Focus is protection of the user. How does protection of users bring regulation? Today majority of cyber frauds are happening using the OTT platforms. And imagine a poor person having 30,000 in a bank account, the sole asset one has, and that goes away in a single wrong decision of sharing an OTP. So there is a clear need for focusing on protection of users in this complex cyber world in which even highly aware people, highly tech-savvy people fall prey to so many things floating around. So if we don't act today, then the problem will become so big that we will not be able to solve.
This story is from the December 07, 2022 edition of The Morning Standard.
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This story is from the December 07, 2022 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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