B2B Firms & Compliance with The Digital Data Protection Act 2023 | Srikanth (CEO - Perfios)
Overview:
In this SaaSTrana podcast, Srikanth Rajagopalan (CEO - Perfios Account Aggregation Services (P) Ltd) talks to Venky about the importance of data security for B2B (SaaS) companies and the implications imposed by the Digital Data Protection Act 2023 in case of a data breach.
Furthermore, Srikanth explains how focusing on data security can benefit organizations in the long run by giving them a competitive edge and building customer trust.
Key highlights from the discussion:
00:00 - About Srikanth’s Journey and Perfios Account Aggregation Services
13:01 - Managing customer data securely as a data aggregator
22:44 - Highlights of The Digital Data Protection Act 2023 by MeitY
27:04 - Scope of the act (regulations) for fiduciaries and data processors
31:32 - Applicability of fines and penalties for B2B (SaaS) businesses and its impact on the long run
43:51 - Cybersecurity as a trust enabler for customers
About Indusface: Indusface is a leading application security SaaS company that secures critical Web, Mobile, and API applications of 5000+ global customers using its award-winning fully managed platform that integrates web application scanner, web application firewall, DDoS & BOT Mitigation, CDN, and threat intelligence engine.
Indusface has been funded by Tata Capital Growth Fund II. It is the only Cloud WAAP (WAF) Vendor with 100% recommendation for three consecutive years - Gartner® Peer Insights™ Voice of Customer. And is a “Great Place to Work” certified SaaS product company, is PCI, ISO27001, SOC 2, GDPR certified, and has been the recipient of many prestigious start-up awards, such as the Economic Times Top 25, NASSCOM DSCI Top Security Company, and Deloitte Asia Top 100.
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Website: www.indusface.com
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