IRCTC Data Monetization: IRCTC will earn from your data, plans to earn 1000 crores

IRCTC Data Monetization Tender: Indian Railway Catering and Tourism Corporation, a subsidiary of Indian Railways, has prepared to sell your personal data. IRCTC is planning to earn 1000 crores from your data.

Take care of data privacy
The Internet Freedom Foundation has given information about this. It is being told that it was said in the tender that IRCTC will appoint a consultant, who will give them suggestions on ways to monetize the data of users. The company said that the data privacy of the customers will also be taken care of.

Users’ data will be used
Most of the tickets of Indian Railways are booked through IRCTC only. There is a large amount of digital data of users on the company’s website. The company can earn 1000 crores by using this data.

Banking data will be secure
Data related to Traveling Pattern, History and Location will be shared by IRCTC. Even while doing this, the banking privacy of the users will not be shared under the IT Act. Under data monetization, the bank and transaction data of the users will not be shared at all.

What is IRCTC’s plan
According to sources, how IRCTC will use your data, these things have not been clearly revealed yet. The company says that it wants to improve the user experience in this way. Will earn money by sharing data with third parties.

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