Cyber Security and Trade, How Global Markets are Shaped by Global Data Privacy and Cyber Legislations

In this article we shall explore how digitalisation of global trade and commerce is affecting data privacy of consumers and what are the impacts of legislations that help in shaping e-commerce throughout the world and how are sellers and buyers impacted by it. We shall dive into the legal provisions mainly in India and present an analysis of how these legislations fulfill their purpose. In case of failure of lack of teeth in the law enforcement agencies to enforce laws regarding data privacy and cybersecurity. This article will also include how e-commerce giants comply with cyber security laws across the world and are they enough to prevent malpractice and fraud, both by hackers and by sellers themselves.