Author Archives: Vijayashankar Na
PDPA 2021: Concept of Discovery Consent
The PDPB2019/DPA 2021 addresses several pro-active compliance requirements aimed at managing personal data by data fiduciaries and data processors with the intention of protecting the “Privacy” of an individual. Contraventions result in civil penalties upto a maximum of 4% of … Continue reading
An Innovator Challenges Bankers to innovate or perish
My previous article in which I highlighted my concerns about the Crypto Currencies and Ripple has naturally irritated many Crypto fans. I thank one of the comments from Netizen Thes made on this blog which I would like to answer … Continue reading
Calling attention of Bankers and Economists in India: Prevent this Financial Holocaust
To All Bankers, Economists in India Dear Friends, I have been highlighting the ill effects of Bitcoins and Private Crypto Currencies through these columns and urging the Government to use the Crypto Currency Bill to ban all private Crypto currencies. … Continue reading
JPC Recommendations on SWIFT Alternative: Out of scope and Disruptive of Global Economic System
One of the surprising inclusions in the recommendations of the JPC on PDPB is related to the SWIFT network. The recommendation 8 states “The Committee observe that data protection in the financial sector is a matter of genuine concern worldwide, … Continue reading
JPC recommendation on Children Data
In designing the Data Protection regulations, problem areas have been a) Deceased data principals b) Legacy holdings of personal data c) Personal data of minor children. Having adopted “Consent” as a basic form of establishing lawfulness of processing, it is … Continue reading
JPC recommends DPA to watch on Incident Register
One of the recommendations (Recommendation 4) of the JPC regarding DPA 2021, is that the “Authority should ask the data fiduciaries to maintain a log of all data breaches (both personal and non-personal data breaches) to be reviewed periodically by … Continue reading