Idfy Launches New Suite For Helping Businesses Follow India’s New Data Protection Law

Idfy, a leading fraud detection start-up, released a new set of tools designed to enable enterprises to comply with the new Digital Personal Data Protection Act of India.

The DPDP Act is India’s cornerstone law on protection against the unauthorized use and processing of an individual’s personal data.

Understand the DPDP ACT

Compliance with the DPDP Act by no means is easy. Most companies, especially SMEs, would be rather overwhelmed by the intricacies of it.

Challenges for Businesses

Consent Management: This tool provides transparency and efficiency in gaining user consent for businesses. It makes consent easier to record and access or revoke by the user whenever required.

Features of Idfy Compliance Suite

Reducing Legal Risks: Compliance with DPDP Act would save the companies from heavy fines and legal consequences in case of data breaches or non-compliance.

Benefits for Enterprises

The industry has reacted positively to Idfy’s suite of offerings. According to experts, such tools are a must if the companies have to have a seamless transition to the new environment.

Industry Reaction