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ARTICLE · 18 OCTOBER 2023

Market Intelligence Thought Leadership Award Winner

Corporate Data Theft: A Major Concern

S.S. Rana & Co.
S.S. Rana & Co.
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S.S. Rana & Co.

S.S. Rana & Co.

Established in 1989, S.S. Rana & Co. is a premier intellectual property and corporate law firm...

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In today's interconnected world, data reigns supreme as the lifeblood of our digital age. From personal information to corporate secrets, the vast volumes of data generated...

IndiaPrivacy
Anuradha Gandhi
Anuradha Gandhi
Isha Sharma
Isha Sharma
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Introduction:

In today's interconnected world, data reigns supreme as the lifeblood of our digital age. From personal information to corporate secrets, the vast volumes of data generated and stored daily have become a prized asset, sought after and leveraged for myriad purposes. However, as data's value has soared, so too has the illicit practice of data theft.

Section 2 of the Information Technology (IT) Act, 2000 defines 'data' meaning a representation of information, knowledge, facts, concepts or instructions which are being prepared or have been prepared in a formalised manner, and is intended to be processed, is being processed or has been processed in a computer system or computer network, and may be in any form (including computer printouts magnetic or optical storage media, punched cards, punched tapes) or stored internally in the memory of the computer.

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