India Inc is now focussing on people-related controls apart from technology for security, with over 80 per cent organisations focusing on employee awareness programmes, says a new survey done by the Indian Computer Emergency Response Team (CERT-In), FICCI, and research firm PriceWaterhouseCoopers.
The survey notes that monitoring of employee use of the internet and information is the latest trend, with more than 78 per cent of the organisations focusing on this. Organisations are also hiring specialised security staff with 51 per cent of the organisations in India having employed Chief Information Security Officers.
“It is encouraging to see that Indian organisations have moved faster than their global counterparts in establishing processes for conducting periodic security audits and in having information security strategy in place,” said Sivarama Krishnan, executive director in the information security practice of PwC. “We expect this to continue as majority of the organisations have plans to increase their security spending by double digits”.
However, on the flip side, most organisations do not conduct testing of their programmes. Almost 83 per cent of the organisations were found to have a business continuity/disaster recovery plan, 90 per cent of these organisations do not conduct regular testing of their plans.
In the industry wise analysis, the ITeS segment has gained the leadership position instead of the financial services sector, which has traditionally been at the top in terms of having security that is more effective. More than 83 per cent of Financial Services and ITeS organisations justify their security investments on grounds of protecting customer information.
Commenting on how the organisations can overcome the problem of security, Amit Mitra, Secretary General, FICCI said, “This clearly establishes the requirement of universities and colleges to come up with specialised training courses, so that information security professionals are equipped with necessary know-how and knowledge. This is amiss at this point of time.”
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
