Event

CII debates IT security

The IT Security Conference 2005 was organised by the Confederation of Indian Industry at Mumbai recently. Priya Jain reports.

At the CII conference on IT security, from left to right, Sudhir Trehan (CII Western Region), Venugopal Iyengar (TCS, ISACA), Virendra Gupta (Director, CII) and Ganesh Natarajan (Zensar)

An unprotected IT infrastructure is susceptible to information theft. It can hit any business that aims to be competitive, and impact business operations, corporate reputation, and customer and shareholder trust. IT companies allocate substantial resources for their IT security programmes. However, non-IT companies still have a long way to go when it comes to IT security.

The Confederation of Indian Industry (CII) took up this critical issue and organised the IT Security Conference 2005 at Mumbai when it released a report on the ‘Information Security Programme’ based on research conducted across 70 sectors of Indian industry. According to the report, financial data is accorded top priority by 62 percent of the respondents when it comes to IT security.

During the conference, eminent speakers from the industry addressed IT security issues related to technology and business operations from an industry and assurance perspective. According to Ganesh Natarajan, CII Conference Chairman and MD of Zensar Technologies, “A minor e-mail breach can cost thousands, while a major data security lapse can cost crores—besides the embarrassment and loss of confidence that it causes.” 60 percent of IT security breaches go unreported for reasons ranging from legal implications to the erosion of stock values. On the recent IT security breaches at BPOs in Gurgaon and Pune, Natarajan said, “Though information security measures employed by Indian companies are on par with the best in the world, incidents such as these can occur anywhere.” He also insisted that the existence of a continuous security programme is a necessity today.

Statistics from the study highlight that 38 percent of companies lack an information security policy, 71 percent have no security process certification, and 30 to 35 percent have no business continuity or disaster recovery plan in place.

The survey also revealed that only 61 percent of enterprises have invested in a business continuity plan. 60 percent of them club investment for protection, while 86 percent of participants said that this investment was planned based on the requirements identified by the enterprise. More than half the respondents confirmed that their investments are vendor- and consultant-driven.

Speaking at the conference, Venugopal Iyengar, Head, eSecurity Consulting, TCS, and Vice-president, Information Systems Audit and Control Association, said that security is not an independent system; an interface has to be integrated within the overall operations of a company.

On front-end and back-end technologies, Vivek Gupta, Security Consultant, IBM, commented that the threat to a company’s information is not only from the Internet but can also be internal. “The recent deluge in Mumbai has shown that the threat to information is not only operational but also physical. Today, IT is a force and performance multiplier, but one cannot deny the multiple vulnerabilities that come with it. Thus, to meet the increased security expectations, organisations need to acquire a security framework. You need to discipline security management and pull up your socks now to safeguard your tomorrow,” Gupta said.

Rajendra Dhavale, Consulting Director, Computer Associates, pointed out that more security does not make an organisation more secure—better management does.

On the other hand, Akhilesh Tuteja, Director, KPMG, expressed his concern about the ignorance in the industry by stating that IT security is often an afterthought. Charanjit Singh Sodhi, National Manager, Client Solutions Group, SecureSynergy, remarked that, "The right kind of control is needed from people for the successful implementation of IT security solutions," and Anantha Sayana, Head, Corporate IT, Larsen & Toubro, opined, "IT security shouldn't be such that it prohibits or prevents...it should provide business convenience."

While talking about RFID application in conjunction with surveillance systems, Rohinton Dumasia, General Manager, IT, Great Eastern Shipping stated that certain critical issues inhibited the use of RFID. He alerted the audience to security issues such as cloning, illicit tracking and illegal scanning of RFID tags. He suggested that certain global policies must be adapted for secure and successful implementation of RFID.

Advised B R Jaju, Chief Financial Officer, Crompton Greaves, “Investments towards IT should be customised according to a company needs.”

With companies moving from mass production to mass customisation and increasing their reliance on IT, IT security has become crucial for them. “Information security is a big concern for every organisation,” noted Sudhir Trehan, Chairman, CII Western Region. Rajat Mohanty, CEO, Paladion Networks, expressed a similar opinion by saying that business-critical applications are opening up due to the extended enterprise.

The overall mood was perhaps best summed up by Iyengar when he said, “There are no standards to business continuity management. The hunt is still on. Compliance is the road to assurance. You can have your own road.”

mailto:priya@expresscomputeronline.com