We saw extraordinary challenges last year, not only due to the global pandemic but also due to an increase in data breaches and related penalties, which is a direct fall-out of not complying with data protection regulations.

Overview of DSCI Data Privacy Framework

In the previous article (‘Need for Data Privacy Framework’) we discussed the DSCI (Data Security Council of India) Privacy Framework (DPF©) and a layered approach to implementing your data privacy processes.

(Extract from Online News) "Achieving the proper balance between entrepreneurial risk and enterprise value protection is the most difficult task of risk management and internal control, according to a new report from the Committee of Sponsoring Organizations of the Treadway Commission (COSO)" The report describes how COSO’s enterprise risk management (ERM) and internal control frameworks can be used to improve organisational performance and governance "The five lines of defence identified by DeLoach, a managing director for global consulting firm Protiviti, are: 1.

On 13th February 2014, SEBI Board approved the following proposals, which will take effect from Oct 1, 2014: (i) Exclusion of nominee Director from the definition of Independent Director (ii) Compulsory whistle blower mechanism (iii) Expanded role of Audit Committee (iv) Prohibition of stock options to Independent Directors (v) Separate meeting of Independent Directors (vi) Constitution of Stakeholders Relationship Committee (vii) Enhanced disclosure of remuneration policies (viii) Performance evaluation of Independent Directors and the Board of Directors (ix) Prior approval of Audit Commit

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