In this episode of the EY India Insights Podcast, we explore the significant changes brought by the Digital Personal Data Protection (DPDP) Act, 2023, and how it will reshape the e-commerce industry. Our guest, Mini Gupta, EY India Cybersecurity Consulting Partner, shares key insights on how data fiduciaries, including e-commerce platforms and retailers, can manage complex data protection challenges and avoid the risks of non-compliance.
In this episode, you'll hear about:
• How the DPDP Act impacts e-commerce businesses
• Navigating data fiduciary responsibilities
• Potential consequences of non-compliance
• Strategies to safeguard customer data effectively
Key Takeaways:
• E-commerce platforms must be proactive in adhering to data privacy regulations
• Non-compliance with the DPDP Act can lead to serious legal repercussions
• Implementing robust data protection practices is crucial for business success
Tune in to gain valuable insights on data protection in the evolving digital landscape.
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