Stock broking community needs IT security

Confederation of Indian Industry (CII), in association with Microsoft organised a seminar on Saturday on 'Secure IT Environment for Foolproof Securities Trading'.

The seminar discussed the need for strong security management practice for the Stock broking community and emphasised upon the fact that NSE has made it mandatory to have half-yearly IT compliance audit by the stock brokers and submit the system audit certificate duly obtained from a person holding certificate from CISA /CISSP/ISA on half yearly basis.

The seminar also focussed on the advantages of use of genuine softwares.

Prominent speakers included Suresh Balasubramanian, Manager-Business Development of Microsoft, Keshav Samant, AVP-Project Network Consulting group, Financial Technologies, G M Shenoy, senior VP of NSE.IT Ltd and Sanjay Shah, CEO of Skelta Software, shared their experience while emphasizing upon the important aspects like regular compliance audit on IT infrastructure.