INSIDE THIS ISSUE
   
   
   
  01 MAIN
   
   
  02 TRADE & ECONOMY
   
   
  03 INVESTMENT UPDATE
   
   
  04 NEWSMAKERS
   
   
  05 INFOTECH
   
   
  06 CULTURE
   
   
  07 TRAVEL
   
   
  08 CALENDAR
   

   
  HIGHLIGHTS
   
  Economy to grow by 7% in '05-06
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  Culture: Partying in Mumbai
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  Travel:
Spa India

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  05. INFOTECH
  Information Security Policy high priority for companies: CII Survey
Recognizing the sensitivity and vulnerability of information stored in databases, 86 per cent respondents, to a recently conducted survey, have expressed the need for an information security policy. The survey conducted by the Confederation of Indian Industry (CII) sought to assess the awareness levels prevalent among organizations regarding information security needs and the level of implementation. The survey report titled "Report on Information Security Baseline 2005" also revealed that 38 per cent companies do not have an information security policy of which 7 per cent are indifferent to security policy.

The survey covered about 100 companies .The respondents were mostly CEOs, and top management of both large and small organizations. 43 per cent of the organizations surveyed had more than 500 employees and 38 per cent had less than 100. 26 per cent respondents belonged to the manufacturing sector, 14 per cent to consumer goods and 42 per cent were IT/ITES companies, BPOs, ISPs, consultants, education, insurance, construction, real estate, financial services etc. 100 per cent of the respondents used computers.

While an information security policy was high on the agenda of most companies, the CII survey revealed that only 16 per cent of participating companies had an assigned CSO or a CISO. 62 per cent of them had no such post or person.
Greater percentage of companies used traditional business acumen to protect their data. According to the CII survey, 81 per cent of the respondents felt that their application system access mechanism was in control and about 79 per cent of them monitored it regularly. Only about 11 per cent of them did not have user id password protection to protect the data.

The CII survey also revealed that 100 per cent of the respondents used some form of anti virus, anti spam and anti worm software, 85 per cent used firewalls, ids, ips towards network protection, 60 per cent had a Data Base Administrator, 67 per cent had a system administrator, 64 per cent had an email server administrator and 56 per cent had a network administrator.

89 per cent of the respondents took backups regularly, 70 per cent had a business continuity plan in place and 63 per cent had a disaster recovery plan in place, according to the CII survey. 73 per cent of those surveyed by CII had invested in electronic storages for data protection and back ups, 87 per cent in protecting operating system, 75 per cent in application protection, 68 per cent in database protection, 67 per cent in communication protection, 79 per cent in firewalls, ids, ips for network protection.

62 per cent of the respondents considered financial data as a priority for protection and 40 per cent considered customer information as being important.

The CII report also defines risks which were revealed by the survey. According to the report, topping the list is the absence of a CSO/CISO in a company. Having no CSO was an indication of absence of IT security governance in an enterprise, reads the survey.

The CII report further identifies a great need for Information Security Awareness Program amongst companies.
71 percent of the respondents to the CII survey had no security process certification, a high risk area.

 

India, Japan sign pacts for collaboration in ICT sector

India and Japan have agreed to set up a joint task-force to identify and explore the possibility of joint ventures and stand-alone projects in the areas of broadband, mobile communication, e-governance, information security, research and development and ubiquitous computing. The two sides have also signed three memoranda of understanding for enhancing cooperation in the information communication technology (ICT) sector.

The National Institute of Information and Communication Technology of Japan has signed the MoUs with C-DAC, C-DoT and IIT (Guwahati).

The MoU and the agreement to set up the task-force was signed by Mr Dayanidhi Maran, Minister for Communication and IT, and Mr Taro Aso, Minister of Internal Affairs and Communications, Japan, during the first India-Japan ICT Ministerial Forum . Over 100 top Japanese executives from companies including NTT, NEC, Matsushita, OKI and Kyocera were part of the deliberations.


     
  Business intelligence software market up
The size of Business Intelligence software market in India has grown to 10.55 million US dollars with SAS leading the pack, cornering a share of 23 per cent in 2004, according to research firm IDC. IDC said the business intelligence software market was growing at compound annual growth rate of 27.09 per cent. SAS India has a strong customer base in India with over 150 installations in the country including companies like Novartis, Standard Chartered Bank, Hindustan Lever Ltd, HDFC Bank, Reserve Bank of India.

According to IDC, the banking, financial services and insurance dominate the market spends on BI software with 35 per cent of total spend in the country. The telecom sector (21 per cent), manufacturing sector (15 per cent) and services industry (10 per cent), including the ITES sector, are other key spenders on business intelligence software.