Every aspect of running an enterprise involves some degree of risk. Be it an investment, an operation, a plan, or a decision, there is always a possibility of something going wrong, leading to losses. And the sustainability and success of businesses are often predicated upon their ability to manage these risks.
A decade or two ago, if you asked a business owner what the basic needs of their business were, you’ll be more likely to receive answers like capital, people, resources, and so on. If you ask the same question to a business owner today, this list of needs will include ‘the internet’.
The larger an enterprise gets, the harder it becomes for the IT department to monitor all the devices and applications being used by the employees. This may especially be the case if the enterprise has a BYOD culture, which most modern-day organizations have.
The Personal Data Protection Bill, 2018 is an act proposed to the Indian government which, if passed, will redefine the way Indian enterprises gather, handle, and use their customers’ and employees’ personal information.
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