 "Military, economy, China, growth")
The increasing insistence on digital payments has made data theft a growing menace, the reported breach of KYC data of 3.4 million customers of mobile wallet MobiKwik being the latest example. The lack of a privacy law, which would allow users to file class action suits against lax companies, is one reason user data is uniquely vulnerable in India. But in the absence of a law, it is still possible for the regulatory authorities to take proactive action as well, the second edit argues. Read it here
Other views examine the RBI’s decision to keep policy rates unchanged, China’s long-term
