Data Localisation Flashcards
1
Q
When did RBI send a circular mandating that that payment data be stored only in India ?
A
October 5th
2
Q
What were some points for domestic companies favouring data localisation ?
A
- National Security
- More accountable
- Better regulatory oversight
3
Q
What were some points for international companies against data localisation ?
A
- Affects Ease of Doing Business
- Increase tax Liability
- Might backfire on Indian companies that process foreign data
4
Q
What are some of the challenges for data localisation ?
A
- Misuse of data
- Cyber Security
- Increase of Conflicts
- Access to Data
- Cloud Computing Software
