Indore: Indian Institute of Management Indore director Rishikesha T Krishnan stressed on the need to protect personal data in the era of mobile devices and internet. “In our inter-connected world safeguarding personal data is integral to our personal independence.
Till data protection law is enacted, I urge you to take precautions to ensure safety of your personal data so as to protect yourself from possibly being exploited by others,” he said while addressing Independence Day function at the institute campus on Wednesday.
“As some recent events involving a prominent social media platform indicate, our personal data has commercial value. When a commercial entity shares our data without our permission, this can compromise our privacy,” he said. He said Supreme Court last year provided a legal basis for protecting privacy by recognising privacy as part of fundamental right of citizens under Indian Constitution.
As a follow up, the central government set up a committee headed by Justice BN Srikrishna to propose a data protection framework for India. Krishnan was a member of this committee. He said report submitted by the committee included a strong framework under which every entity that collects data from an individual has to explicitly state for what purpose the data will be used and take that individual’s consent. It cannot retain the data once the purpose and timeframe of its use are over.
A data protection authority is proposed to be set up to look into complaints and take action against those violating individuals’ trust and privacy. ‘Latest trend is artificial intelligence and machine learning. While initial attempts to make machines think like humans failed, machines using data and self-correcting algorithms based on fuzzy logic and neural networks.
These new paradigms are at the core of emerging technologies like driverless vehicles and intelligent drones. These developments have the potential to alter life and business in fundamental ways,” he said. Krishnan said that every management – human resource management, operations, finance and marketing – is actively studying how these technological changes can be harnessed.