“The use of technology in banks has led to problems such as non maintenance of data secrecy and non protection of confidentiality.” Do you agree? Explain your say.
Answers
People are increasingly making their personal information available publically. Today there is an unprecedented amount of personal data available with Government and Private Sector Players. Digital India, Aadhaar and Demonetization drives have added to the already growing pool of personal data with various public and private players to pursue their activities. Indian law does not define personal data. The same has been defined by EU’s general data protection guidelines [REGULATION (EU) 2016/679 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL] as any information relating to an identified or identifiable natural person. From this definition it is clear that personal information includes biometric and economic information as well.
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