Indian Prime Minister OKs New Data Security Laws
Indian Prime Minister OKs New Data Security Laws
Indian Prime Minister Manmohan Singh on Monday approved a set of proposals that would toughen laws designed to combat data theft and other electronic crimes in India. The action comes in the wake of a U.K. documentary that aired earlier this month claiming India’s booming outsourcing industry, which hosts sensitive technology operations for numerous Fortune 500 companies, is ridden with hackers and identity thieves. The proposals will be presented to India’s full legislature for approval during the upcoming winter session. One proposed amendment to India’s IT Act of 2000 would make companies doing business in India responsible for computer crimes committed by their employees if they’re found to have lax security procedures. Another would increase fines for unauthorized disclosure of personal data from about $2,000 to about $10,000 for each instance.
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