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2018-08-16 ArtNo.46336
◆Data protection bill may be tabled in winter session




【New Delhi/Bangalore】The government plans to table the draft personal data protection bill submitted by Justice BN Srikrishna committee in Parliament by December after holding consultations with different ministries, industry representatives and the public.
 “The target is to take it to Parliament in the winter session,” a senior government official told ET on condition of anonymity.
 Meanwhile, former Supreme Court Judge BN Srikrishna said, "The government has the authority to relax conditions on local storage of data based on the criticality of information." This comes in the backdrop of the Justice Srikrishna Committee report on Personal Data Protection, which has recommended that every data fiduciary should store one live, serving copy of personal data in India. This, in industry parlance, is called data localisation, which businesses believe would impose additional costs. "The government has the authority to relax conditions based on the criticality of information and the situation," Srikrishna told BusinessLine through email.
 On July 27, the Srikrishna committee released a draft Bill setting the framework for India’s first comprehensive law on privacy and data protection. It also notes that eight of the top 10 most accessed websites in India are owned by U.S. entities. This reality has often hindered Indian law enforcement agencies when investigating routine crimes or crimes with a cyber element. Police officials are forced to rely on a long and arduous bilateral process with the U.S. government to obtain electronic evidence from U.S. communication providers. The committee seeks to correct this.
https://economictimes.indiatimes.com/news/company/corporate-trends/63-of-indian-firms-struggling-to-comply-with-eu-gdpr-report/articleshow/65247638.cms

○63% of Indian firms struggling to comply with EU GDPR: Report




【New Delhi】Nearly 63 per cent of the Indian organizations are struggling in their compliance journey towards the European Union General Data Protection Regulation (GDPR) that came into effect on May 25.
 While 60 per cent citied inadequacy of skilled talent as a major obstacle in their GDPR compliance journey, 50 per cent of those who neither have customers nor suppliers in EU, plan to increase their privacy spends in the coming year, said the study by the global consultancy firm EY.
 "It is critical for businesses to review their current data protection compliance programmes and determine next steps to anticipate the level of investments they need to make over the next few years to accelerate their journey," said Guru Malladi, Advisory Markets Leader, EY.
 The report revealed that 22 per cent of the organizations increased their privacy budgets between 5 per cent and 15 per cent in the past 12 months, whereas 25 per cent more are planning to increase their budget in the same 5 per cent-15 per cent range over the next 12 months.
 There is a pressing need within organizations to have dedicated and skilled resources for data privacy and compliance, the lack of which has been cited as the biggest challenge by over 60 per cent of the respondents in ensuring GDPR compliance," said the report. Nearly 76 per cent of the organizations recognize the need to comply with their own information governance policies as the leading factor in their GDPR compliance journey.
 "While working towards compliance, organizations must also view it as an opportunity to gain competitive advantage and also recognize its impact on customers," said Malladi.

【News source】

Data protection bill may be tabled in winter session

Govt can relax data localisation conditions based on criticality of info: Srikrishna

Data localisation is not enough

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