The EU, the first to speed up data laws, plans to fine erring organisations up to 4 percent of annual global turnover or €20 million (whichever is greater). It’s time India wakes up to the cybersecurity threat and moves from white paper to law.
In 2015, two hackers, Charlie Miller and Chris Valasek, showed the world that they could get into internet systems of a car (Jeep, in this case) and do whatever they wanted with the vehicle. They could stop the brakes from working or freeze your steering wheel through a DDOS attack. This led Chrysler to recall 1.4 million vehicles of the Jeep brand and create a security patch.
Hackers could enter the car’s network through a phone, which is unsecure, when connected through WiFi and cellular. Here readers have to differentiate between two things: cybersecurity and data usage without customer consent. Cybersecurity comes in when corporations have to protect data, of consumers and customers, from external threats like hackers. But data usage, which implies the study of consumers by corporations, remains the biggest debate today. This data, although secure digitally, in most cases, is considered a breach of trust without implied consent of the user.
Mahesh Lingareddy, Chairman and Co-founder of IoT company Smartron, says, “Security has to be looked at not just in securing devices. It has to be looked at how data is being used as a whole; it involves protection of customer data and using it with their consent.”
Read More : Data protection