Personal data protection Bill: Compliance costs to rise for India Inc

The Personal Data Protection Bill 2019, currently being analysed by a joint parliamentary committee, would require companies operating in India to make various operational and structural changes for compliance once the provisions of the proposed law come into effect.

For example, the data localisation requirements of the Bill from a purely financial viewpoint are bound to negatively impact businesses. It could drive up costs both for international and Indian players alike, while harming the privacy of users, according to Udbhav Tiwari, Public Policy Advisor at Mozilla.

Today, companies worldwide store and process huge volumes of digital information. Due to such amplitude of user data being with companies and data breaches occuring across the globe, issues like data privacy and protection have gained importance.