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For negligence in implementing and maintaining the reasonable security practices and procedures for protecting Sensitive Personal Data or Information (SPDI) as mentioned in Section 43A and associated rules under IT (Amendment) Act, 2008, a corporate entity may be liable to pay compensation of up to___________
Suggested Answer: D
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Page no 4 of PBok Addendum: The EU GDPR is applicable to all EU residents. The usage of the term 'residents' is to be noted -- it means that the resident need not be a citizen of any EU member state. It could be any individual who resides in the EU.
31 comments · newest first
FE
Felice
10 months ago
Rs. 5,000,000 seems way too low for serious breaches.
YU
Yun
11 months ago
Totally agree, negligence should cost a lot more!
JO
Josephine
11 months ago
Wait, is there really no upper limit? Sounds fishy.
KE
Kendra
11 months ago
I thought it was Rs. 50,000,000.
JO
Joni
11 months ago
It's Rs. 500,000,000 for sure!
SU
Susana
12 months ago
I thought it was Rs. 5,000,000, but now I'm second-guessing myself. There were similar questions in the mock exams that confused me.
DA
Dannette
12 months ago
I feel like the upper limit might not be defined, but I can't recall the exact details. We covered this in class, right?
EL
Eleonore
12 months ago
I'm not entirely sure, but I remember something about Rs. 50,000,000 being mentioned in a practice question. Could that be it?
EL
Elfrieda
1 year ago
I think the compensation limit is quite high, maybe around Rs. 500,000,000? That seems to stick in my mind from our discussions.
HE
Henriette
1 year ago
Ugh, I hate questions that involve legal jargon and specific regulations. I'm just going to guess and move on - no point spending too much time on this one.
NI
Nichelle
1 year ago
Ah, I remember covering this topic in class. The key is understanding the compensation limits outlined in the IT Act. I think I can narrow this down to the right answer.
TR
Tricia
1 year ago
This seems like a straightforward question about liability for negligence in data security practices. I'll carefully read through the details and options to determine the correct answer.
ST
Staci
1 year ago
Hmm, I'm a bit unsure about this one. The wording around "Sensitive Personal Data or Information" and the IT Act references are throwing me off. I'll need to review my notes on data protection laws to approach this properly.
WE
Weldon
1 year ago
I bet the lawyers are licking their chops at the prospect of these potential payouts. Time to brush up on my IT Act knowledge!
MA
Maile
1 year ago
A) Rs. 50,000,000
MA
Maybelle
1 year ago
So, it could be even more than Rs. 500,000,000? Scary!
EL
Elbert
1 year ago
D) Upper limit not defined
SH
Shawana
1 year ago
That's a huge amount, companies better be careful with SPDI!
BU
Buddy
1 year ago
B) Rs. 500,000,000
GA
Gaston
1 year ago
I heard it could be up to Rs. 500,000,000!
CH
Christene
1 year ago
A) Rs. 50,000,000
RU
Rusty
1 year ago
I see your point, but I think the upper limit is not defined, so I would go with D).
GR
Gretchen
1 year ago
Hmm, the upper limit not being defined could mean the liability is truly unlimited. Better not take any chances with SPDI protection.
GA
Gail
1 year ago
Yes, it's risky to not have a defined upper limit for compensation.
ME
Melina
1 year ago
D) Upper limit not defined
CL
Clement
1 year ago
Hmm, that's a hefty sum for negligence in data protection.
DE
Denae
1 year ago
A) Rs. 50,000,000
HO
Honey
1 year ago
I disagree, I believe the correct answer is C) Rs. 5,000,000.
TR
Trina
1 year ago
Haha, looks like they really want to incentivize companies to take data security seriously. No skimping on those reasonable security practices!
CH
Chan
2 years ago
Woah, 500 million rupees? That's a hefty fine! Better make sure my company's security practices are on point.
RU
Rusty
2 years ago
I think the answer is B) Rs. 500,000,000.