What is Fiduciary information and what are the types of Data Fiduciaries?
Answer:
A Data Fiduciary determines the purpose and means of processing personal data. There are generally two types under the Act: standard Data Fiduciaries and Significant Data Fiduciaries (SDFs). SDFs are notified by the government based on data volume, sensitivity, and risk, and they face stricter compliance requirements like appointing a DPO and conducting periodic audits.
Fiduciary information, types of fiduciaries, Significant Data Fiduciary, DPDP
Related Questions:
- What is the Digital Personal Data Protection (Removal of Difficulties) Order 2026?
- Where can I find a DPDP course and a DPDP Act summary PDF?
- What is the DPDP Act Applicability and where can I find the DPDP Rules?
- What is the DPDP full form and what are the DPDP official Government websites?
- By when do organizations need to technically integrate with Board-registered Consent Managers?