The Federation of IT industry (FITIS) yesterday welcomed the upcoming Data Protection and Privacy regulations saying it a positive step and a catalyst to boost digital economy. FITIS said the Bill provides for the regulation of processing of personal data; to identify and strengthen the rights of data subjects in relation to the protection of personal data; to provide for the designation of the Data Protection Authority; and related matters. “As the apex body for the ICT industry in Sri Lanka, the Federation of IT industry (FITIS) believes that the proposed Personal Data Protection Bill is a p…