Draft Digital Personal Data Protection Bill Proposes Penalty of Rs. 500 Crore for Data Breaches

The draft Digital Personal Data Protection Bill that was reintroduced by the government on Friday has revised the penalty for data breaches up to Rs. 500 crore. Meanwhile, the draft legislation proposes to set up a Data Protection Board of India which will carry on functions as per the provisions of the bill, and also proposes a graded penalty system for data fiduciar...