At the December virtual roundtable, hosted by Hindustan Coca-Cola Beverages, members came together to discuss ethics and data privacy and managing reputational risk in light of a data breach.
|Opening Remarks | Preeti Balwani, General Counsel and Local Ethics Officer (LEO)
of Hindustan Coca Cola Beverages
|Topic 1 | The Ethical Aspects of Data Privacy
This session took a closer look at data privacy relating to contact tracing apps, personal data protection and the use of personal devices. Session leaders discussed the impact of India’s data privacy legislation in 2021 and what companies should be prepared to address.
Topic Lead: Preeti Balwani, General Counsel and Local Ethics Officer (LEO)
of Hindustan Coca-Cola Beverages; and Yogesh Goel serves as Vice President, Group Head Ethics & Compliance at Infosys
|Topic 2 | Managing data breaches and reputational risk in a pandemic
COVID-19 has increased data security risks as the shift to employees working remotely
provides significant opportunities for cybercriminals to target unwitting employees who
are not prepared to handle sensitive data securely. According to EY’s 2020 Integrity Report, cyber-attacks and ransomware (36%), and pandemics are perceived as the greatest risks to the long-term success of organizations. In this session, leaders approached this topic from a compliance and technology perspective and explored how companies are effectively preparing and managing this growing risk from a compliance and technology perspective.
Topic Leads: Arpinder Singh, Partner, EY India and Emerging Markets Leader, Forensic & Integrity Services; and Karthik Kannappan Saravanan, AVP Legal, Deputy General Counsel and Global Head of Ethics and Compliance, Biocon Biologics