Digital Personal Data Protection (DPDP) Act: (2023) - Compliance & Solutions by CyberCube

DPDP Act (Digital Personal Data Protection Act) was made in 2023 as a landmark for improving data privacy in India. It imposes compliance obligations on the handling of personal data. Compliance enforcement will be overseen by the Data Protection Board of India (known as the DPBI).

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Key Features of the DPDP Act:

Applicability

This Act concerns the handling of personal data collected online or offline (characters in digitized form) and applies to businesses located in or outside India that currently or prospectively process data related to Indian citizens.

Rights of the Data Principal

The individuals have the right to access, correct, delete, and restrict the processing of their personal data.

Data Fiduciary Obligations

The organizations would be responsible for transparency, security, and processing in a lawful manner while taking the user's explicit consent.

Data Protection Board of India (DPBI)

Oversees compliance and conducts breach investigations; enforces fines.

Strong Penalties for Non-Compliance

Fines may be as high as ₹250 crores depending upon the severity of violations.

How We Can Assist You to Remain Compliant:

We provide simplified DPDP compliance through expert cybersecurity and data protection solutions, that are:

End-to-End Compliance Strategy

Custom frameworks to bring compliance with DPDP into your operation seamlessly.

Third-Party Risk Assessment

Evaluating vendors and partners complying with standards for data privacy.

Compliance with Privacy Policy and Consent Management

Creation of simple mechanisms with which users can give consent in compliance with legal requirements.

Proactive Data Breach Response

Incorporation of advanced monitoring tools to identify and eliminate risks before they materialize.

Data Mapping & Lifecycle Process

Knowing the way and manner in which personal data flows in your organization to limit exposure to risks.

Unique Benefits of DPDP Compliance for Your Business:

Future-Proof Your Business with Global Data Laws

Compliance with DPDP allows your organization to align with international privacy regulations such as GDPR, CCPA, etc.—thereby allowing it to go for global markets without fearing other regulatory roadblocks.

Streamline Digital Transformation & AI Adoption

Developing or storing the entire data in compliance with DPDP will give more insight into AI and thus provide responsible AI governance as well as ethical usage of data.

Strengthen Investor & Stakeholder Confidence

Investors are increasingly evaluating their data governance systems and security measures, potentially through which you can build investor confidence in the days to come. In short, DPDP compliance shows the commitment to risk management and regulatory adherence, thus inviting better funding and partnerships alongside reaching investors' expectations in security.

Reduce Cyber Insurance Premiums

The more robustly one defends data, the less vulnerable they are to related data breaches. Thus, lower premium payments from one's cyber insurance, along with even better coverage options from insurers.

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Digital Personal Data Protection (DPDP)