Thursday April 18, 2019
Home Business Paytm Refutes...

Paytm Refutes Reports of Sharing Indian Users’ Data With Third Parties

Paytm reiterated that their policy allows only legally compliant data requests from the "law of the land" to get access to data for necessary investigations

0
//
Security, Paytm
Paytm rolls out women exclusive 'Social Community Platform'.

Digital wallet payment company Paytm on Saturday refuted media reports that it has shared user data to third parties, saying that the data of its 300 million registered users is safe in India.

“There is a video going around on social media and it falsely claims that we shared some data with 3rd parties. Nothing can be further from the truth,” the company wrote in a blog post.

“We never share your data with anyone: any company/ any government or any country. At Paytm, your data is yours. Not ours, or of a third party, or of the government.”

Paytm reiterated that their policy allows only legally compliant data requests from the “law of the land” to get access to data for necessary investigations.

Also Read: GoDaddy Launches Next Generation ‘Virtual Private Server’

“You can be sure that no data is shared with anyone whom you would not have given us permission to share it with. This is the holy grail of trust between us.

“Any person claiming otherwise is not aware of the policy and is not authorised to speak on behalf of the company,” the company said. (IANS)

Next Story

Public Concern Over Data Privacy Pushes Tech Giants to Change their Way

Apple's announcements come on the heels of user privacy scandals that have rocked tech companies over the last several years

0
tech giants, privacy
Peter Stern, Apple Vice President of Services, speaks at the Steve Jobs Theater during an event to announce new products, March 25, 2019, in Cupertino, California. VOA

Mounting public concern over data privacy is pushing tech giants to change their ways, industry experts said on Tuesday, a day after Apple unveiled a series of new products, stressing their privacy-friendly features.

The world’s second-most valuable technology company will now offer a credit card, a news service called Apple News+ and a TV service with original programming, all designed to keep users’ information private and secure, it said on Monday. Apple’s announcements come on the heels of user privacy scandals that have rocked tech companies over the last several years.

Such clarity is welcome in a digital environment that lacks transparency and where people are sometimes unaware of what happens to their data, said Hielke Hijmans, a law expert at the Brussels Privacy Hub, a Belgian research center.

privacy, tech giants
Mark Zuckerberg said the company plans to encrypt more of the conversations happening on its messaging services, which could limit Facebook’s ability to parse those conversations. Flickr

“This empowers the users and helps to give them a genuine choice,” he said. Earlier this month, rivals like Google and Facebook said they were making changes to boost user privacy.

Facebook founder Mark Zuckerberg said the company plans to encrypt more of the conversations happening on its messaging services, which could limit Facebook’s ability to parse those conversations.

Google said it is working on privacy enhancements for the Android operating system that powers most of the world’s mobile phones, such as locking down access to phone cameras and microphones. At the launch event in California, Apple executives said the company will not allow advertisers to track what users read on its news service and it will not itself have that data.

privacy, tech giants, data
Apple’s announcements come on the heels of user privacy scandals that have rocked tech companies over the last several years. Pixabay

Consumer data from its credit card will not be shared or sold to third parties for marketing, and the company will not know where a purchase was made, what was bought or how much it cost, Apple said.

ALSO READ: Speculation is Swirling about What the new ‘Gengo’ will be in New Imperial Era in Japan

Yet, Apple’s privacy moves aren’t likely to be mimicked by everyone, said Jan Penfrat, a senior policy advisor at advocacy group European Digital Rights (EDRi).

Assembling profiles of consumers for the purpose of targeting advertisements is at the heart of how Google and Facebook made money, he said .Unlike those companies, Apple’s business model is not largely dependent on advertising. “Apple is rather the exception, not the norm,” Penfrat added. (VOA)