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Technology Law Hotline: Stricter cybersecurity norms and reporting requirements – why MNCs and start-ups alike are gearing up for rippling change

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Technology Law Hotline: Stricter cybersecurity norms and reporting requirements – why MNCs and start-ups alike are gearing up for rippling change

Posted by By at 25 August, at 11 : 41 AM Print


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August 25, 2022

STRICTER CYBERSECURITY NORMS AND REPORTING REQUIREMENTS – WHY MNCS AND START-UPS ALIKE ARE GEARING UP FOR RIPPLING CHANGE

SUMMARY

In this article, we analyse the new cyber security compliance and reporting regime under the directions and FAQs recently issued by the Indian Computer Emergency Response Team (CERT-In), which is the national agency for cybersecurity related functions in India, and operates under the Ministry of Electronics and Information Technology (MeitY). The directions provide for additional compliance requirements such as maintenance of logs, know your customer (KYC) requirements, in addition to stipulating a strict 6-hour reporting timeline for certain kinds of cyber security incidents.

The article provides an insight into what global businesses need to know if they have tech infrastructure or subsidiaries in India, or are even remotely targeting Indian users.

The online version of the article was published on OneTrust DataGuidance – Insights, and can be accessed here.

The article was also published in the Data Protection Leader Magazine (Volume 4 Issue 4, July 2022), of which the full issue can be downloaded here.

– Varsha Rajesh, Aniruddha Majumdar & Aaron Kamath

You can direct your queries or comments to the authors

Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT, 2022

AsiaLaw Asia-Pacific Guide 2022: Ranked ‘Outstanding’ for Media & Entertainment, Technology & Communications, Labor & Employment, Regulatory, Private Equity, Tax

Who’s Who Legal: Thought Leaders India 2022: Nishith M Desai (Corporate Tax – Advisory, Corporate Tax – Controversy and Private Funds – Formation), Vikram Shroff (Labour & Employment and Pensions & Benefits) and Vyapak Desai (Arbitration)

Benchmark Litigation Asia-Pacific: Tier 1 for Tax, Labour and Employment, International Arbitration, Government and Regulatory, 2021

Legal500 Asia-Pacific: Tier 1 for Tax, Data Protection, Labour and Employment, Private Equity and Investment Funds, 2021

IFLR1000: Tier 1 for Private Equity and Tier 2 for Project Development: Telecommunications Networks, 2021

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014

DISCLAIMER

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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