From News Desk
Data Privacy Day is observed on 28th of January. In today’s times, when cybersecurity is of increasing importance and data is increasingly coming under ever evolving threats, data privacy requires new perspectives to meet the challenges. This is especially important with regulations coming in place across the world to safeguard the data privacy of the people in various countries.
On this occasion, several industry leaders from the IT sector have expressed their comments. Following are their quotes –
“In India’s rapidly evolving digital ecosystem, privacy by design has emerged as a powerful enabler of trust and sustainable innovation. With DPI platforms, AI-led automation and Cloud-first adoption scaling at unprecedented speed, trust has become the currency of growth. Embedding privacy into data architectures, AI models and cross-border data flows from day one is how Indian enterprises can innovate responsibly while staying aligned with evolving regulations. Data Privacy Week is a timely reminder that lasting digital progress will be shaped by how consistently organisations practice data privacy and protection in a data-first economy.”
–Prashanth GJ, CEO, Technobind Solutions
“Data privacy has become a foundational pillar of digital trust, especially as enterprises accelerate AI adoption. In India’s evolving data protection landscape, organisations must move beyond checkbox compliance and build privacy into the design of their systems, processes and AI models. Managing privacy risks in an era of automation requires strong governance, accountable leadership and a clear balance between innovation and responsible data use. Enterprises that prioritise transparency and secure data practices will be best positioned to earn consumer confidence and sustain long-term growth in an AI-first economy.”
— Vaibhav Tare, Chief Information Security Officer, Fulcrum Digital
“Data Privacy Day 2026 is a timely reminder that data protection has become a fundamental business priority, not just a regulatory obligation. As organisations increasingly adopt AI, cloud, and digital-first operating models, the volume and sensitivity of data being created and processed continues to grow, making it an attractive target for cybercriminals. In this context, systems must incorporate privacy and cybersecurity by design, bolstered by robust governance, ongoing monitoring, and swift incident response. Equally important is building a culture of accountability and awareness across the organisation, because technology alone cannot address data risk. Organisations that prioritise data privacy and security will be better positioned to earn trust, meet compliance requirements, and drive sustainable digital growth.”
— Sunil Sharma, Managing Director & VP, Sales, India & SAARC, Sophos
“Today’s data Privacy depends on digital infrastructure. The adoption of Cloud technology, development of AI workloads and the increasing number of countries proposing localisation legislation to control how information is stored and protected. The creation of modern, safe and secure datacentre facilities allows businesses and governments to create trust around digital information through maintaining location of data within controls and resilience against human error.
The Indian regulatory environment in the future must have businesses developing future focused solutions that combine technical innovation and privacy. Purpose-built, safe, secure datacentre systems are available to provide businesses and governments the ability to keep sensitive data secure while providing modern innovative digital services. The responsibility for how to develop digital trust and maintain governance of that trust will be reliant on strong leadership from the public and private sector and the quality of the infrastructure developed in support of them.”
Narendra Sen, Founder & CEO, RackBank and NeevCloud
“Enterprise data privacy has become a board-level priority as digital platforms, Cloud adoption and AI-driven operating models reshape how value is created. Data sits at the core of revenue growth, ecosystem partnerships and business resilience, making privacy by design a strategic requirement rather than a technical afterthought. Trust now functions as a business currency, determined by how responsibly organisations govern data across its lifecycle.
India’s data-centric digital economy further elevates the stakes. Platforms built on India Stack and rapid enterprise AI adoption expand the attack surface and intensify exposure to misuse, leakage and systemic risk. The Digital Personal Data Protection Act reinforces fiduciary accountability, consent discipline and breach readiness, setting a higher bar for enterprises operating at scale. Compliance alone does not deliver confidence or differentiation. Market leaders are embedding privacy engineering into product development (PDLC) and software delivery (SDLC) lifecycles, supported by identity controls spanning human, machine and emerging agentic identities. At Altimetrik, we integrate automation-driven governance, threat detection, identity and access management, observability and responsible AI practices into core architectures. This enables organisations to protect data rights, sustain innovation velocity and strengthen trust in an environment where technology amplifies both opportunity and risk.”
–Rizwan Patel, Global Head, Cloud, InfoSec and Emerging Technologies, Altimetrik
“In an increasingly digital world, data privacy has moved beyond being a compliance checkbox to becoming a core business and risk imperative with direct financial impact. In 2025, the average cost of a data breach has risen to approximately USD 4.4 million, with financial services institutions facing even higher exposure-often exceeding USD 5.5-6.0 million per incident- given the sensitivity of their data and the complexity of their ecosystems.
Across the global BFSI landscape, threat vectors continue to evolve. Phishing and supply-chain compromises remain persistent drivers of breaches, but a newer and fast-emerging risk is the ungoverned use of AI, often referred to as ‘Shadow AI’. In India, Shadow AI already ranks among the top three contributors to breach costs, underscoring a broader global trend where the pace of AI adoption is outstripping security, governance, and regulatory controls.
At Anaptyss, we see this convergence of data privacy, cybersecurity, and financial crime risk as a defining challenge for the industry. BFSI organizations can no longer afford to manage privacy, compliance, and financial crime controls in silos. Modern risk and compliance architectures must be engineered with privacy-by-design at their core- embedding data classification, lineage and provenance tracking, access governance, model explainability, and lifecycle management directly into AML, fraud detection, and risk analytics platforms. By aligning data governance with real-time risk intelligence and resilient operating controls, financial institutions can not only reduce privacy breach exposure but also strengthen their defenses against financial crime. On this Data Privacy Day, the message is clear: responsible data and AI governance is no longer optional- it is foundational to trust, resilience, and sustainable innovation in the financial services ecosystem.”
—Anuj Khurana, Co-founder & CEO, Anaptyss
These comments show that the IT industry has some perspectives on how data privacy should be protected and how the issue of security can be tackled. It’s important to take into account diverse perspectives to bring about everybody’s interests of privacy and security on board.
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