CII launches the ''Information Risk Management'' service

Mumbai: With a vision to help India gain competitive advantage through effective information risk management (IRM), the Confederation of Indian Industry (CII) has launched an IRM service in partnership with SecureSynergy, a leading Indian information assurance player. Launching the service, (Retd) Lt-General SS Mehta, principal advisor to CII, said that it is abundantly clear that security is becoming an overriding issue in corporate India. He added that a new dimension, cyberspace, has been added, that is concurrently and consistently working all around us.

Felix Mohan, CEO, SecureSynergy, elaborated on the IRM service and led the audience through the CII portal to exhibit the different service components that it encompassed. The service includes a security library, consulting and training services, seminars, workshops and correspondence courses among others. The function witnessed the launch of a comprehensive website on information security — www.cii-ss.com.

The launch function had a special address by George Samenuk, global chairman and CEO, McAfee Inc, who spoke on the subject of the global information security governance. Addressing the audience Samenuk said that the growing threat to IT security is the most serious concern of IT companies today. This threat is being faced not only by companies but also by governments, civilian agencies, defence establishments, educational institutions etc, globally. With no letup in sight in the frequency of attacks, Mr Samenuk underlined the critical need for a proactive and automatic approach to face these attacks, especially in area of mobile phones, voice over IP, PDAs etc.

The session began with S Mahalingam's, CFO, Tata Consultancy Services, welcome address. He noted that IT companies are far from safe and need to gear themselves to meet the increasingly demanding standards of international disclosures and corporate governance.