Discover the Future of Data Privacy and Data Protection with JISA Softech at GFF 2023
In an increasingly digital world, where data has become a valuable commodity, ensuring the privacy and protection of personal and sensitive information has taken center stage. As technology continues to evolve, so do the challenges and concerns associated with data privacy. To address these critical issues, we are set to participate in the Global Fintech Fest (GFF) 2023, scheduled from September 5th to 7th. The event will provide a platform for JISA Softech to delve into discussions surrounding data privacy, data protection, and the implications of the Digital Personal Data Protection Bill (DPDP) 2023.
JISA Softech’s Participation at GFF 2023:
In recent years, there has been an alarming increase in data breaches and privacy breaches, highlighting the vulnerability of our digital infrastructure. Individuals are increasingly concerned about the security and privacy of their data as a result of the relentless gathering, storage, and processing of personal information on an unprecedented scale. Striking a balance between leveraging the power of data-driven innovation and protecting individual privacy is a challenging task that requires a complete approach.
JISA Softech’s presence at the Global Fintech Fest 2023 is anticipated to be a significant opportunity for the company to showcase its commitment to data privacy and protection. The event will provide a platform to discuss the challenges and opportunities that arise in the realm of data security. The focus will be on the implications of the Digital Personal Data Protection Bill (DPDP) 2023, which is expected to set a new standard for data protection practices.
Key Discussion Points at GFF2023:
- Fintech Data Landscape: Our experts will provide insights into the unique data landscape of the fintech industry. This will encompass the types of data collected, processed, and stored, along with the specific security challenges that arise.
- Navigating DPDP 2023: A highlight of the event will be JISA Softech’s comprehensive exploration of the Digital Personal Data Protection Bill (DPDP) 2023. Our experts will dissect the bill’s implications for businesses and offer strategies for achieving compliance.
- Cybersecurity and cryptography Solutions: JISA Softech will share advanced cybersecurity solutions. These solutions will encompass both preventive measures and responsive actions in the event of security breaches.
- Future-Proofing Data Security: As fintech continues to evolve, so must the strategies for safeguarding data. JISA Softech’s discussions will extend to proactive measures that future-proof data security protocols against emerging threats.
- Collaborative Learning: GFF 2023 provides an unparalleled opportunity for networking and knowledge sharing. Our experts will engage with peers, stakeholders, and thought leaders to foster collaborative learning and the exchange of best practices.
Overview of Digital Personal Data Protection Bill 2023:
The Bill facilitates the processing of digital personal data by striking a balance between respecting individuals’ rights to safeguard their personal information and the necessity to process such data for legitimate purposes, along with related or incidental matters.
Here is the overview of the DPDP Bill 2023 highlights:
- Scope: The Bill applies to digital personal data processing in India, whether collected online or offline and subsequently digitized. It also covers processing outside India if it pertains to offering goods or services in India.
- Lawful Purpose and Consent: Personal data can only be processed for lawful purposes with the individual’s consent. Exceptions exist for specific legitimate uses, like voluntary data sharing and state-related processes (permits, licenses, benefits, services).
- Data Fiduciaries’ Responsibilities: Data fiduciaries are required to maintain data accuracy, ensure data security, and delete data once its intended purpose is fulfilled.
- Individual Rights: The Bill grants individuals rights including the ability to access information, request data correction or erasure, and seek grievance redressal.
- Government Agency Exemptions: Government agencies may be exempted from certain Bill provisions on grounds like national security, public order, and crime prevention, as determined by the central government.
- Data Protection Board: The central government will establish the Data Protection Board of India to address non-compliance with the Bill’s provisions.
Navigating DPDP 2023: Our Comprehensive Compliance Solutions
We understand that compliance with DPDP 2023 is a complex endeavor. That’s why we have developed a comprehensive suite of solutions tailored to meet the specific requirements of DPDP 2023. Here are some key highlights of our solutions:
- PII Data Vault: A secure repository for Personally Identifiable Information (PII) data, ensuring it remains protected from unauthorized access.
- Data Discovery and Classification: Identify and classify sensitive data across your organization, a crucial step in compliance with data protection regulations.
- Data Privacy Module: Implement advanced data privacy controls to safeguard personal information.
- Hardware Security Module: A dedicated hardware solution for robust security, protecting cryptographic keys and sensitive data.
- Enterprise Key Management: Streamline key management processes and ensure secure key storage and distribution.
- Tokenization: Replace sensitive data with tokens, rendering it useless to unauthorized users while retaining functionality.
- Data at Rest Encryption: Protect data stored on servers and devices from unauthorized access.
- Data in Motion Encryption: Secure data as it travels between systems and networks.
- Data in Use Encryption: Keep data encrypted even during processing, ensuring its security throughout
In conclusion, the journey towards robust data protection and privacy compliance is a shared responsibility. JISA Softech invites you to join us at GFF 2023(Booth P23), where we will lead the conversation on these critical issues. By empowering organizations with expertise, innovative solutions, and a commitment to compliance, we ensure that you stay secure, compliant, and one step ahead in the ever-evolving data protection landscape. Trust us to be your partner on this transformative journey.
For more information about us and its participation in GFF 2023, please contact us:
Website: www.jisasoftech.com | Email: sales@jisasoftech.com | Phone: +91-9619222553