India to conduct IT security audit
The news follows an announcement that India's software industry is now the country's single biggest source of export revenue, accounting for revenues of nearly $13bn (£7bn).
However, last week's move by Lloyds TSB's group union, LTU, to take legal action against the bank for breach of the Data Protection Act (DPA), is just one of a number of things sparking fears in India of a potential slowdown in outsourcing growth.
For India to continue evolving as a global IT heavyweight, it has to ensure that it has an adequate legal framework for data security and privacy, says Nasscom.
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