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      Home Interview

      Security is more complicated than buying a product

      DQI BureaubyDQI Bureau
      October 8, 2009
      in Interview
      0



      What kind of security compliance should businesses and industries need to
      have?
      Different industries have different requirements. If you are into
      processing, transmitting, storing credit card information you have to observe
      the compliance called payment card industry data security standards (PCI DSS).
      If you are in financial industry like banks you have to observe Basel II
      compliance. Basically, it includes operational and technological risks. So, I
      think organizations and industries need to have to go for different security
      compliances according to the industry s requirements and standards.

      What is your view of the security compliance in Indian IT, and banking?
      Lot of companies here understand the importance of information security and
      management systems (ISMS), so they will have to document necessary controls to
      adhere to the ISO27001 certification. However, I am a bit worried about those
      Indian companies certified by ISO 27001 as there might be the forced perception
      that they are secured but actually they are not. Security, unfortunately is more
      complicated than buying an product.

      What are your views on the global certifications and standards?
      To a certain extent, ISO 27001 is a type of standard that is applicable
      across different countries. But different industries behave differently. For the
      payment card industry ISO 27001 is not sufficient for security of information.
      So the card industry associations such as VISA, American Express and others have
      built a new standard called PPI to specifically address the major concerns of
      leaking of payment card data. Generally speaking, the ISO27001 would be a great
      starting point but depending on specific industries and businesses you need
      better security standards.

      What is the awareness level about security compliance in India?
      ISO 27001 certification is very big in India, about 450 companies are
      certified. Its more matured than the US in terms of companies spending on
      increasing security compliance and standards. But risk factors in different
      countries are different. For instance in the US, you see huge number of hacking,
      data losses or leakages. Whereas in India, companies are not viewing that kind
      of risk exposures. Eventually the same risk exposures can be seen by Indian
      companies. So its the matter of time, when Indian organizations wake up and say
      that they need more protection than just ISO 27001.

      Pankaj Maru/CMN
      maildqindia@cybermedia.co.in

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