TCS announces DataPlus update for intuitive user experience

Mumbai headquartered Information Technology services, consulting and business solutions company Tata Consultancy Services has launched the updated version of its data management software, TCS MasterCraft DataPlus.
The new update uses machine learning based sensitive data discovery and learns to identify probable sensitive and personally identifiable data attributes, enabling privacy-safe data provisioning.
TCS MasterCraft is the company’s suite of intelligent automation products to optimise IT service delivery.

[Via]

Daily.

‘How Bitcoin will help Indian Economy’: RBI Guv has Major Concerns About Cryptocurrency

Shaktikanta Das, the Governor of the Reserve Bank of India expressed on Thursday, at an event organized by The Indian Express and Financial Times, that the central bank continues to have ‘serious and major’ concerns regarding cryptocurrencies such as Bitcoin, reported PTI. This concern was conveyed to the government of India.
Das had mentioned that the RBI was aiming to launch the central bank digital currency as a mass-scale digital asset.
The RBI had put out a note stating that the central bank digital currency and the interest it held as an asset were universal.

[Via]

Daily.

In talks that will continue next week in Brussels after a round in the U.S. this summer, the two sides hope to avert a disruption of company data transfers by resolving a long-running conflict between strict EU privacy laws and U.S. surveillance measures.
An EU court ruling last summer restricted how companies can send personal information about Europeans to the U.S., in part because the court found that Europeans have no effective legal redress in the U.S. Last fall, Ireland’s privacy regulator issued Facebook, which has its EU headquarters in Dublin, a preliminary draft order to suspend its transfers of European user data to the U.S., citing the court ruling.
Under EU law, information about Europeans can’t be sent overseas unless the country where it is being sent is deemed to give the same level of protection as the EU. The U.S. has never made that cut, but to keep data flows alive, the EU two decades ago struck a special deal with the U.S. to allow companies to keep sending data if they opt into a program to apply EU privacy principles, enforced by the U.S. Federal Trade Commission.

[Via]

Daily.