Note: #NAMAprivacy Bangalore is next week. Apply to attend here. Speaking at #NAMAprivacy Delhi, Murari Sridharan, CTO of BankBazaar, who was a part of the team that set up Microsoft's Cortana (AI) and Azure (cloud hosting), said that while building both of those, they had the following guiding principles: "One we assumed that nothing is secure indefinitely. Second we assumed that nothing is anonymous. Third is that you have to trust but verify, and rinse and repeat all the time. You have to worry about data at rest, in flight and threat models where the host itself is compromised." Impact of data localization on the digital economy Sumandro Chattapadhyay, Research Director at the Centre for Internet and Society said that we’re moving towards regional digital economies, and taking steps towards digital free trade zones “ The first one, in Malaysia: Alibaba has set up the first ‘beyond China’ physical establishment to run their logistical operations.” “If you've been following Jack Ma's suggestions to the G20 in the last edition, what he is taking about is an electronic world trade platform. Think of a million times the size of Paytm.” He said that questions of regulation of storage, reuse, sharing, national and international flow, government access, foreign governments access to user data etc are appearing because the Internet as a platform for business, finance, inclusion etc is booming and it’s important to think of the complex regulatory landscape keeping in mind the reality of the digital economy: that it is being regulated, but cannot be killed. Avinash…
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