India's formal sector must consider adopting 'digital ethics framework': Report
He noted that the need of the hour, however, is to relook at the business operations layered on digital touchpoints with the lens of ethics.
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By IANS
NEW DELHI: India Inc needs to introduce and adopt a 'digital ethics framework' to ensure a holistic view of ethics and govern every digital intervention in the transformation journey of a business, according to a study.
The study by Deloitte Touche Tohmatsu India LLP (DTTILLP) and Bangalore Chamber of Commerce (BCIC) noted that an accelerated pace of digital transition, consumption of goods and services through app-based interface, and proliferation of data bring numerous risks such as biased decision-making processes being transferred to machines or algorithms at development stage by humans.