NOV 07, 2023 | ASIA PACIFIC | INDIA
What Is the Impact of Sectoral Regulation of Cross-Border Data Flows on Companies?
MediaNama, November 7, 2023
By Kamya Pandey
BSA's Venkatesh Krishnamoorthy joins a panel conversation on adequacy, rulemaking, and sectoral regulations on cross-border data flows.
While addressing 2023 edition of MediaNama’s annual conference PrivacyNama, Venkatesh Krishnamoorthy of BSA | The Software Alliance pointed out that sectors such as healthcare and finance have a hodgepodge of regulations. This uncertainty of regulation leaves companies with the challenge of creating a product that both “takes care of sensitive data, and also complies with all the regulations that fit in.” “So, this is going to be a big realm of challenge. Let’s be very clear that the overarching DPDP Act looks only at privacy, whereas the sectoral regulators’ understanding of privacy is going to be extremely different,” he said.
Original Posting: https://www.medianama.com/2023/11/223-impact-sectoral-regulation-cross-border-data-flows/
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