Tuesday, 31 December, 2024

Companies Face Rising Costs and Complexity Due to Overlapping Cybersecurity Laws

India's digital economy is encountering increased compliance challenges as multiple regulatory bodies enforce overlapping cybersecurity laws. Companies must navigate inconsistent requirements in breach reporting, audits, and vulnerability assessments, leading to higher costs and operational complexities. Experts advocate for harmonizing these regulations under a single governance body, suggesting the Data Protection Board under the DPDP Act could assume this role.