RoundRobin Tech Services Pvt. Ltd
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Besides having our head office in Mumbai covering most of India,
We have Sales Office in Mumbai, Delhi, Ahmedabad & in Chennai. Providing country-wide support & consultation to our partners with the Best of Services...
26/03/2018
Only a third of Indian IT companies ready for EU privacy laws : Identifies GDPR as a risk
The data protection regulation may cost dearer to the Indian software service exporters too as they foresee deployment of more resource for compliance and probable rework in client contracts.
Industry analysts suggest even though the GDPR norms will be applicable across all industries, firms that deal with BFSI, retail, utilities and healthcare are likely to invest in greater compliance as they deal with health and financial data of users to provide service on behalf of their clients.
The cost of technology compliance could be as much as $500,000, says EY’s Singh. IT services companies, analysts say, should also ensure they have clauses with indemnity against the “steep” penalties of 20 million or 4per cent of global revenues for GDPR non-compliance.
Read more at:
//economictimes.indiatimes.com/articleshow/63456683.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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Only a third of Indian IT companies ready for EU privacy laws
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22/03/2018
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