Most companies in India have realized that the month March 2024 will soon be over and a new financial year 2024-25 will be before us.
While the politics of the country is keenly following the Lokasabha elections of 2024 and its impact, the corporate world in India is slowly realizing that the financial year 2024-25 will be the year in which DPDPA 2023 will be implemented fully.
Most companies who were considering that the “Rules” are yet to be notified, are realizing that the entire DPDPA 2023 is an extension of ITA 2000 and hence the Courts are already taking cognizance of the presence of the “Privacy Culture”.
As the plans for the year 2024-25 are being drawn up, Companies are asking themselves whether they are Significant Data Fiduciaries (SDF) and need to look for designating a SPO and appoint an external Data Auditor.
To address this concern, FDPPI is emerging as the “Privacy Companion” which can be the friend, philosopher and guide for companies intending to be compliant with DPDPA 2023.
As the undersigned travels round the country conducting awareness training sessions to professionals of different industries, it is clear that the initial lethargy is giving into a sense of urgency in setting in motion in-house training programs and DPDPA Impact Assessment programs for the DPDPA implementation to follow.
With its unique Compliance framework “DGPSI” or “Data Governance and Protection Standard of India, FDPPI is all set to be the much sought after “Privacy Companion” for the industry. The framework encourages the companies to set up a Data Governance and Protection management system (DGPMS) which can achieve DPDPA 2023 compliance by default.
The Privacy Enhancement Tools (PET) that accompany the DGPSI framework further increases the convenience of compliance.
The DGPSI-PET is the next big thing that the undersigned is working on with a mission to make DPDPA 2023 compliance a smooth corporate activity.
Naavi’s DGPSI-PET system encompasses several companion tools such as
- Consent Management and Recording Companion
- Personal Data Discovery Companion
- Personal Data Classification Companion
- AI algorithm Privacy companion
Watch out for more on these tools to be unleashed during the year.
Naavi intends to shortly release the Consent Management system in a customized building mode under the name Naavi-63. …More information will follow.
Naavi
