It's a security issue if the Indian government, or anyone else for that matter, found a way to create a backdoor into RIM's system without RIM's knowledge and consent.
As that isn't the case, then it's a privacy issue because the Indian government demanded RIM put in a backdoor for reasons or surveillance of its population.
Does this privacy issue potentially lead to a security issue? Yes, but not for RIM, but rather for it's users that depend on the privacy of RIM's service over which they may transmit sensitive information.
As that isn't the case, then it's a privacy issue because the Indian government demanded RIM put in a backdoor for reasons or surveillance of its population.
Does this privacy issue potentially lead to a security issue? Yes, but not for RIM, but rather for it's users that depend on the privacy of RIM's service over which they may transmit sensitive information.