Question
Consider the following statements regarding Section 43A (Data Protection) of the IT Act, 2000: Statement 1: A body corporate has a statutory duty to implement reasonable security practices for personal data. Statement 2: Failure to protect personal data entitles the affected person to compensation up to Rs. 5 lakh. Statement 3: The duty under Section 43A applies only to companies handling personal data of more than 100,000 persons. Statement 4: A data breach due to force majeure (acts of God) exempts the body corporate from liability under Section 43A. Which statements are correct?
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