Digital Personal Data Protection Bill, 2023 Fines proposed It proposes fines ranging from ₹50 crore to ₹250 crore for companies that fail...
Digital Personal Data Protection Bill, 2023
Fines proposed
It proposes fines ranging from ₹50 crore to ₹250 crore for companies that fail to protect user data or default on disclosure requirements.
Government sources said these fines can be compounded, that is separate fines can be imposed on the same data fiduciary for each violation.
Additional requirements are to be notified later by the Union government on what firms will be classified as ‘significant’ data fiduciaries, who will be subject to more stringent requirements such as passing through a data audit and conducting “data protection impact assessments”.
COMMENTS