Protecting PII data has never been more crucial. In today’s digital age, personal information is constantly at risk from cyber threats. Ensuring data privacy is essential for maintaining trust and compliance with regulations like the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). PII means Personally Identifiable Information. It includes data that can identify someone, like their name, address, or social security number.

As data privacy concerns rise globally, regulations like the General Data Protection Regulation (GDPR) in the European Union and the Digital Personal Data Protection (DPDP) Act in India have been established to safeguard personal information. While both frameworks aim to protect individuals’ data, they vary in scope, requirements, and enforcement. In this blog, we’ll explore the similarities and differences between DPDP and GDPR, focusing on key regulatory requirements.

Artificial Intelligence (AI) has come a long way since John McCarthy first coined the term in 1955. Today, as AI technologies become deeply embedded in our daily lives, the potential they hold is immense – but so are the risks to safety, privacy, and fundamental human rights. Recognizing these concerns, the European Union (EU) took a proactive step in 2021 by proposing a regulatory framework aimed at governing AI.

The General Data Protection Regulation (GDPR), introduced by the European Union in 2018, has not only set a new benchmark for data privacy but has also significantly impacted global data protection frameworks. Its comprehensive and stringent requirements have prompted countries worldwide, such as India, to reevaluate and enhance their data protection laws. In recent years, India has been actively working on enhancing its data protection regulations, drawing considerable influence from the GDPR.

The Sarbanes-Oxley Act of 2002 (SOX) was enacted to restore public confidence in the wake of major corporate and accounting scandals. The legislation aims to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws. One key aspect of SOX compliance is ensuring the integrity and security of financial data. In the digital age, cybersecurity practices play a crucial role in adhering to SOX requirements.

Safeguarding critical infrastructure is crucial for national security and economic stability in the digital age. The National Critical Information Infrastructure Protection Centre (NCIIPC) plays a key role in protecting India's vital assets and critical infrastructure. Tasked with the monumental duty of protecting the nation's most vital assets—such as power grids and financial systems—the NCIIPC stands as a stronghold against the constantly evolving landscape of cyber threats.

It’s time to ‘Have Your Say’ on the future of cybersecurity regulations in the European Union. The draft implementing regulation for the NIS2 Directive is now open for public feedback through the ‘Have Your Say’ portal until July 25, 2024. This consultation period allows stakeholders to contribute to refining the regulation, with all feedback shaping the final regulations.

Over the last decade, cybersecurity has emerged as a critical concern for financial institutions. With cyberattacks increasing in frequency and sophistication, it has become imperative for institutions in the financial sector to safeguard sensitive data and implement robust data protection measures. The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Dodd-Frank Act, plays a crucial role in regulating the American financial services industry.

“Safeguarding personal health information (PHI) is governed under the Health Insurance Portability and Accountability Act (HIPAA).” Protecting identifiable health data is the responsibility of everyone who comes into contact with it, including covered entities. Healthcare providers, health plan companies, school districts not covered under FERPA, universities, employers, and federal, state, and local government agencies are mandated to protect PHI data from any security risk.