India Privacy and Data Protection Bill | Reflectiz
Data Privacy Laws You need to Watch in 2021
Data privacy used to be a random buzzword a few years ago, but it is no longer an option for online businesses. eCommerce websites and eService platforms now have to make sure that personal data and information is secure at all times to stay compliant, regardless of where they are operating. It is important to acknowledge and follow these laws to avoid the legal consequences.
The privacy law that has been enforced in 2019 in India is called the Personal Data Protection Bill. Due to the significant population size of India, the data privacy laws of this country might influence a large number of businesses outside India. Being a big player in the tech world, Indian law might reshape global policy. This replaces the Information Technology Act from the year 2000.
Third-Party Security is No Longer an Option
The rapid digitalization of online businesses across the globe has led governments to revise or replace their old privacy laws. But there’s more to it than that.
Third-party application security is no longer just a GDPR or CCPA requirement. As evident in the Data Privacy Law list, a huge emphasis is being put on third-party management and governance. Online businesses are now fully responsible for external applications running on their website and need to answer for any data breach that may occur due to supply chain or web skimming (Magecart) attacks.
Your third-parties are boosting functionality and productivity. But what about the fourth party dependencies? What about the security blind spots and compliance loopholes? Each set of laws has its own unique requirements, but third-party application security is no longer an option. Online businesses, regardless of their location, now need to map and monitor their third-parties on an ongoing basis.