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5) What do you understand by Personally Identifiable Information as per GDPR of EU. How do you think businesses will be impacted by the new regulations. Comment.(250 words)

Topic – Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.  Awareness in the fields of IT, Space, Computers, robotics, nanotechnology, biotechnology and issues relating to intellectual property rights.

5) What do you understand by Personally Identifiable Information as per GDPR of EU. How do you think businesses will be impacted by the new regulations. Comment.(250 words)

Hindustantimes

Reference

Why this question

With increasing digitization and growing online presence, coupled with the unfolding of various scandals like Cambridge Analytica, interference in US elections, the issue of privacy has taken the front seat. In this regard, the European Union has taken a much deserved and desired initiative in the form of GDPR. However, there are certain issues involved. Question is related to GS 2 syllabus under the following heading-

Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.

and to GS 3 syllabus under the following heading-

Awareness in the fields of IT, Space, Computers, robotics, nanotechnology, biotechnology and issues relating to intellectual property rights.

Key demand of the question

The question wants us to describe the meaning and scope of the term, Personally Identifiable Information, as per the recently implemented GDPR of EU. It also wants us to express our opinion on how businesses will be affected by GDPR.

Directive word

Comment- the second part of the question directs us to form of personal opinion on how businesses will be affected by GDPR. We have to substantiate our opinion with proper related arguments/ facts/  examples etc.

Structure of the answer

Introduction- briefly define the term personally identifiable information. Also mention what sort of information qualifies as personally identifiable information, as per GDPR of EU.

Body

  1. Discuss the positive impact of GDPR on businesses. E.g Improved consumer confidence, Better data security, Reduced maintenance costs, Better alignment with evolving technology, Greater decision-making etc.
  2. Discuss the negative impact of GDPR on businesses. E.g similar but not same legislation may be made in other countries, creating confusion for businesses; compiles cost may be high especially for small and medium players, the business may not be enough prepared to follow the legislation.

Conclusion- form a concise, fair and a balanced opinion on the issue.