CIO Insider

CIOInsider India Magazine

Separator

Tech-Multinationals Roped in Legal and Technology Experts to Figure out the Impact of Digital India Act

CIO Insider Team | Thursday, 25 August, 2022
Separator

Top technology multinationals have roped in legal and technology experts to figure out potential impact on their operations due to the upcoming Digital India Act, a law that hopes to address convergence in technologies, services, and devices in the digital ecosystem.

Companies want these experts to analyze the upcoming regulation, pre-empt any likely conflict, and prepare them for that, as per reports.

Ankita Singh, partner, A&P Partners says, “The regulatory landscape in India is changing very fast on the digital front and the big tech multinationals are getting impact analysis done on how this would affect their operations and revenues. In some cases, these companies even want to create structures or insulate their data or other intellectual properties, as not doing so could have global repercussions for them.”

The new regulation hopes to cover the entire digital ecosystem, from social media platforms, OTT platforms, and online apps, to the metaverse and blockchain-based crimes or offences.

According to reports, the new regulatory framework will impact large tech companies such as Google, Facebook, Twitter, Amazon and Facebook.

The regulation is set to empower the government to block a Twitter handle or Facebook page temporarily for 24 hours if it’s found to be spreading misinformation or inciting violence

Siddharth Vishwanath, partner, PwC India says, “The expected DIA is likely to make things more onerous for big tech. Stronger focus on privacy, data localization for critical data, content moderation, and surveillance on cyber bullying are all on the cards. Further, the government may also be looking to see how anonymized data is democratized to create a more level-playing field for startups and new ventures.”

The regulation is set to empower the government to block a Twitter handle or Facebook page temporarily for 24 hours if it’s found to be spreading misinformation or inciting violence.

Current Issue
Datasoft Computer Services: Pioneering The Future Of Document Management & Techno-logical Solutions