Indian firms slow on cybersecurity; might gain from EU's upcoming GDPR

Indian firms are struggling to understand the policies

While Indian firms are proving to be more open than global counterparts in adopting new technologies which set them up to absorb more of the world’s growing digital workload, they’re being held back by lack of cyber governance and risk-management policies.

Indian firms, which experts say stand to gain from the European Union (EU)’s upcoming General Data Protection Regulation (GDPR), are struggling to understand the policies. A recent EY survey showed 60 per cent of Indian respondents were unfamiliar with the new regulation.

“By virtue of many data controllers offshoring work to Indian businesses, these companies have to be GDPR-compliant. That said,