Published Paper Details:

Data consists of information ranging from text documents, images, voice memos, and videos that are considered the oil of the 21st century. With the exponential rise in the amount of data generated, analysed, stored, and transferred, the issues about data privacy and security issues are also increasing at an alarming rate which could be a precursor to cybercrimes. Data thefts pose a threat to the privacy rights of individuals as well as organizations. The organizations use different DLP techniques to avoid data breaches but since no system is invincible, data laws exist to regulate the handling of data in ethical ways. The laws need to evolve with the speed of technological advancements to reduce potential privacy threats and risks. Many countries have similar laws that are tailored to different industries like Finance, Health, IT, Commerce, etc. Laws framed by the Indian constitution attempt to protect the data of government organizations and other public bodies with the personal data protection bill of 2019. Information Technology Amendment Act 2008, different sections of the Indian Penal Code (Example: Section 403, Section 378), Securities and Exchange Board of India, and Credit Information Regulations Act 2005 form laws for various organizations. In this paper, we have comprehensively reviewed the topic of the data leak, its causes and consequences, prevention measures, and data privacy laws. We also analysed the case studies of Target Incorporation and Unacademy relating to the data breach.