We are living in a war-like situation.
Technology is invading and virtually taking over our personal and professional
lives. It has become extremely difficult to maintain secrecy, confidentiality
and privacy. The invasion is probably with a vicious attitude and purpose. Our
bank account is vulnerable and our office and personal data is vulnerable.
Hence, we are vulnerable and are exposed to many risks. Everywhere, there is a
crisis of trust. In short there is a serious threat to security, an environment
of uneasiness and suspicion is prevailing.
In international politics, there is an often
quoted saying – “In international relations, there are no permanent
friends nor permanent enemies. There are only permanent interests!”
Unfortunately, this principle is becoming applicable even to our personal
Actually, the use of technology was expected
to enhance our efficiency and make our living more creative and relaxed.
Unfortunately, the experience is exactly the opposite! Therefore, there is an
ever-increasing need for caution in every walk of life. The issue of privacy is
being discussed and debated internationally.
Sometimes, the damage occurs not necessarily
due to malicious intentions; but purely on account of negligence, lack of due
care or inadvertence. Nevertheless, the consequences are disastrous. As
chartered accountants, we expect that we should have independence and preserve
and practice client secrecy - privacy. One always should bear in mind that “eternal
vigilance is the cost of independence”.
Saint Samarth Ramdas has given a very
beautiful message for the conduct of our life in just four lines –