A CFO’s Guide to the DPDP Act 2023: Managing Finance Operations with Redefined Data Governance

India steps into a new era of data protection with the introduction of the Digital Personal Data Protection Act (DPDP), 2023. For CFOs and finance leaders, the DPDP Act represents a fundamental shift in how they view and value data assets.

What’s inside the Report?

Our comprehensive guide breaks down the DPDP Act's impact on financial operations, compliance requirements, and practical implementation strategies.

1.
Understanding The DPDP Act 2023 and its implications for CFOs and the finance function.
2.
The impact of the DPDP Act on different sectors that face varying compliance challenges and comprehensive measures due to their data-intensive operations.
3.
Best practices and strategies to enhance data governance and help finance teams meet DPDP requirements efficiently.

Why should I read it?

It is crucial for CFOs to understand how to navigate the DPDP Act and transform data collection and management practices within their organization. The guide provides practical strategies for implementing data governance measures while maintaining operational efficiency and avoiding costly penalties.

“As the custodian of risk management, the CFO bears the responsibility of aiding both function heads and the entire organization in adapting to the Act. CFOs need to comprehend how the Act alters the way organizations collect and manage personal data, along with the repercussions if mishandled.” - Deloitte

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