Author(s): Preksha Singh

Abstract: It is often said that Data is the new oil. With an intensely digitalized world and an increasingly digitalized India, the significance assumed by the data has reached unprecedented heights in the last couple of decades. The motive behind most of the cyber security attacks in India in the recent past has been aimed at stealing data. There have been numerous instances of health data, financial data and other important personal and sensitive data being compromised by the cyber attackers. Numerous instances of data breaches including the hacking of social media accounts 6, theft of credit and debit card details and other privacy breaches go unreported due to the lack of stringent data protection laws in India that could afford adequate protection to the sensitive and personal data of the citizens in the recent past. This Study has been taken up with the specific objective of studying the existing and upcoming data protection law in India while comparing it with the laws in advanced data protection regimes in order to highlight the lacunas in our data protection framework. The law of data protection is of particular concern to India due to innumerable factors, the most prominent of them being the extensively vast population of India. India has over 500 million Internet users and the count growing at a rate of over 8% per annum; it is by far the biggest market in the digital economy as of today. With the digital economy in India headed towards an unprecedented boom, it may soon become a very impending challenge to address the issues arising out of voluminous transactions in the form of the digital medium.

DOI: 10.22271/27899497.2024.v4.i2a.88

Pages: 21-24 | Views: 185 | Downloads: 80

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