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Title: AN EXPLORATION OF CONTEMPORARY NUANCES IN DATA PRIVACY AND GOVERNANCE
Authors: Soham Guha Mazumder
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Soham Guha Mazumder Delhi public school sushant lok gurugram
MLA 8 Mazumder, Soham Guha. "AN EXPLORATION OF CONTEMPORARY NUANCES IN DATA PRIVACY AND GOVERNANCE." Int. j. of Social Science and Economic Research, vol. 6, no. 7, July 2021, pp. 2585-2589, doi.org/10.46609/IJSSER.2021.v06i07.038. Accessed July 2021. APA 6 Mazumder, S. (2021, July). AN EXPLORATION OF CONTEMPORARY NUANCES IN DATA PRIVACY AND GOVERNANCE. Int. j. of Social Science and Economic Research, 6(7), 2585-2589. Retrieved from doi.org/10.46609/IJSSER.2021.v06i07.038 Chicago Mazumder, Soham Guha. "AN EXPLORATION OF CONTEMPORARY NUANCES IN DATA PRIVACY AND GOVERNANCE." Int. j. of Social Science and Economic Research 6, no. 7 (July 2021), 2585-2589. Accessed July, 2021. doi.org/10.46609/IJSSER.2021.v06i07.038.
References [1]. Ben Wolford (2016) A Guide to GDPR Data Privacy Requirements [2]. Kashmir Hill (2012) ‘How Target figured out a teen girl was pregnant before her father did [3]. Mitchell Noordyke (2019) ‘Big Tech’s Shift to Privac [4]. The Economic Times, Panache (2019) ‘Google CEO, Sundar Pichai on data privacy’ [5]. General Data Protection Regulation(2018) [https://gdpr-info.eu/] [6]. Andrada Coos (2021) Data Protection Legislation Around The World in 2021 [7]. He Li, Lu Yu & Wu He (2019) The Impact of GDPR on Global Technology Development, Journal of Global Information Technology Management, 22:1, 1-6, DOI: 10.1080/1097198X.2019.1569186 [8]. Aleksandra Popova (2020) ‘Facing a Privacy Breach Under Growing GDPR-inspired Laws Can Pose Challenges for Companies [9]. RegTech Analyst (2019) ‘How Can Companies Balance Compliance with Innovation [10]. Raquel Pita Guerreiro Marcelino Duarte (2020), ‘CASE STUDY: Facebook in Face of Crisis [11]. Dan Patterson, TechRepublic (2020) Facebook Data Privacy Scandal: A Cheat Sheet [12]. Umesh Kumar, Financial Express (2021) ‘Why India is Indifferent to the Data Privacy Issue
Abstract: Data in the 21st century has transformed into the most valuable raw material or input resource in any economic, technological or social venture or business. By virtue of data, it has become possible to harness the powers of machine learning, IoT, Data science, and make advancements in AI and research. However, it has been noticed that this hunt for data has led business and data miners to overlook the basic right of people- their privacy. Technological advancements gather a lot of data on people and their associations for many businesses. This has led to unintentional data of people and unjustified use of data to be carried out. Hence it is of utmost importance for a data privacy and data protection framework in modern society. This paper aims to focus on the much needed topic of data privacy, analysing its modern meaning, its need in the present world and various measures of data privacy. We also look at how privacy has been politicized and the various privacy amendments made by various governments across the world. We look at the impact of privacy regulations on innovation in companies imposed by GDPR and other data protection authorities and analyse a famous example of data breach. Analysis in this paper points out that there is a need for awareness and acknowledgment about one’s privacy, especially in developing countries. Data privacy at the cost of reduced technological innovation is detrimental, and a holistic approach to both privacy and innovation is needed in today’s world.

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