Attrition a major risk to cos security

The increasing attrition rate is a serious threat to information security in corporate world and there is a lack of awareness among the top executives about it, said a survey by Mahindra Special Services Group (MSSG).

The attitude of the senior executives towards the importance of security risk management is somewhat like that of the general populace to climate change. It is within the 'circle of concern' but not the 'circle of influence' yet, it said.

"IT security in big Indian companies is being taken care of but not the information security. There is little or no infrastructure for information security," Mahindra Special Services Group CEO Raghu Raman told PTI.

Echoing similar sentiments, Hero Honda Motor Chief Information Officer Vijay Sethi said attrition is a major threat to information security.

"While it is difficult to put a figure on percentage of business loss, this is more in terms of tacit knowledge and less in data as tacit knowledge is what most companies do not capture fully