Data Protection

Frozen Wallets and Fading Trust: Legal Remedies available in cases of Cryptocurrency frauds and data breach

Summary: This two-part series uses the WazirX cyberattack of July 18, 2024, in which crypto assets worth approximately USD 230 million were stolen from a multisig wallet, as a factual anchor to map the full spectrum of legal remedies available to Indian crypto users whose assets have been frozen, eroded, or subjected to proposed “socialisation” haircuts following a platform breach. Part I examines the criminal, cyber law, and data protection remedies available to crypto users following a platform breach and explains how a layered strategy combining these remedies offers the most effective path.Continue Reading Frozen Wallets and Fading Trust: Legal Remedies available in cases of Cryptocurrency frauds and data breach (Part 1)

Internal Investigations Under the Digital Personal Data Protection Act, 2023

Introduction

The Digital Personal Data Protection Act, 2023 (“Act”), marked a pivotal development in India’s framework for data protection by addressing the longstanding need for safeguarding personal information, data protection, and data handling. Continue Reading Internal Investigations Under the Digital Personal Data Protection Act, 2023