CIO&Leader_July 2017 (1)

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NEXTCSO Event Coverage Featuring the finest moments from the two-day security conference and awards ceremony that felicitated India's future CSOs 8 CIO&LEADER | July 2017
NEXTCSO Event Coverage T he worst thing about a security breach is neither reputation risk nor the data theft that compromises the privacy of an individual. The worse is the inability to learn from them - to turn the reactive approach to a strategic one. In the last one year, an average of 36.6M records has been stolen in India - a 14% increase from 2015. WannaCry and Petya are recent ransomware attacks that have yet again, raised questions about enterprises' security preparedness. Unfortunately, the cyber security professionals haven't been able to keep up. Apex body NASSCOM claims that India has a 50,000 cyber security workforce; however, it predicts that we will need at least one million skilled people by 2020. According to ISACA’s State of Cyber Security 2017, 37% of respondents say fewer than 1 in 4 candidates have the qualifications employers need to keep companies secure. The survey also reveals that almost 27% of respondents state that they are unable to fill open cyber security positions in their enterprises—with another 14% of respondents unaware as to whether their enterprises could fill these positions or not. This leaves a quarter of cyber security positions unfilled, the survey reports. In the wake of mounting security incidents – over 27,482 reported in 2017— the government is taking some concrete steps to appraise the role of the Chief Information Security Officer (CISO). Indian-Computer Emergency Response Team (CERT-In) mandates all ministries, departments and organisations to appoint a CISO and have strengthened the role to implement the right security controls while promoting a culture of defense. Banks and insurance companies have also been mandated by regulatory bodies such as RBI and IRDAI to appoint a full-time CISO by April 30 and to formulate an effective cyber crisis management plan by June 30 of this year. While the basic expectations from the CISO will continue to remain the same: information security (IS), information risk management (IRM), data protection, and oversight of audits, governance and compliance, as well as technical, operational, legal and regulatory risks. But the basics won’t be enough. With the business and threat landscape changing rapidly, CISOs will have to upgrade their skills and ensure that any cyber security strategy contributes to financial stability and growth, and embeds security in all of the organization’s plans. This means that organizations need to appoint someone on your board who’s not only dedicated to cyber security but also understands regulatory requirements and overall business strategy. Perhaps that’s what will make a nextgeneration CISO? The aim of NextCSO Awards 2017 is just that: To find exceptional individuals who have the ability to take on the top job. They are selected through a rigorous and comprehensive process that will evaluate professional achievements, management and leadership skills that are essential to the making of a next-gen CISO. Here’s a glimpse into the NEXTCSO Conference that celebrated the triumph and victory of 24 next-gen CISOs and 20 NEXTCSO jury who handpicked them. July 2017 | CIO&LEADER 9
Page 1: EVENT REPORT Meet this year's 24 br
Page 4 and 5: A 9.9 Media Publication EVENT REPOR
Page 6 and 7: CASE STUDY Intelenet Global Service
Page 8 and 9: Case Study "Adopting a design think
Page 12 and 13: NEXTCSO Event Coverage Next-Gen Sec
Page 14 and 15: NEXTCSO Event Coverage Sunil Varkey
Page 16 and 17: NEXTCSO Event Coverage "Organizatio
Page 18 and 19: NEXTCSO Event Coverage LUNCH During
Page 20 and 21: NEXTCSO Event Coverage At the NEXTC
Page 22 and 23: NEXTCSO Event Coverage Rajiv Nandwa
Page 24 and 25: NEXTCSO Event Coverage Felicitation
Page 26 and 27: NEXTCSO Event Coverage NextCSO Awar
Page 28 and 29: NEXTCSO Event Coverage As the award
Page 30 and 31: NEXTCSO Event Coverage Using AI & M
Page 32 and 33: INSIGHT The new workplace mojo The
Page 34 and 35: Insight How to identify early AI ad
Page 36 and 37: Insight Mind the fence Perimeter se
Page 38 and 39: Insight The glitch that brought dow
Page 40 and 41: INTERVIEW “I want to foster a dig
Page 42: NEW CHALLENGES NEWER POSSIBILITIES

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