Thursday, June 2, 2011

BWI: ISACA Survey: IT Leaders in India Believe Mobile Devices Pose Serious Risk to Enterprises

Press release from Business Wire India
Source: Business Wire
Thursday, June 02, 2011 10:10 AM IST (04:40 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Electronic appliances & components, Household & personal care products & services, Information technology, Media & entertainment, Telecommunications; Technology
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(BW)(ISACA)ISACA Survey: IT Leaders in India Believe Mobile Devices Pose Serious Risk to Enterprises
Survey also reveals cloud computing adoption rates in India

Mumbai, Maharashtra, India, Thursday, June 02, 2011 -- (Business Wire India) --

Global IT association ISACA has released the second annual IT Risk/Reward Barometer survey, which has uncovered several surprising results regarding how risks from mobile devices are perceived and the usage of cloud computing in India.

More than 90% of Indian IT leaders believe that mobile devices, whether employer-provided or personal, pose a risk to enterprises. More than 50% say that their enterprises have put policies and systems in place to mitigate the risk of mobile devices use. These security measures include controlling application installations, remote-wipe capabilities, encryptions and password requirements. The survey also shows that 56% of respondents say that their enterprises do not allow installation of applications on mobile devices used for work activities. Mobile devices, in this case, include smart phones, flash drives, notepads, tablets and broadband cards.

Sandeep Godbole, member of the ISACA India Task Force, said, "Mobile devices are posing tough questions to organizations, not only about technology, but also related to intent and strategy. The results indicate a fair level of awareness about technology risk and risk management. At the same time, Indian enterprises seem to be a bit slow in adopting new technologies and practices that promise significant benefits. Risk reduction is important; however, equally important is the ability to generate value."

IT risk management becoming more strategic

This year's IT Risk/Reward Barometer indicates that 87% of Indian enterprises have effectively integrated IT risk management with their overall approach to risk management. Increasing risk awareness among employees is considered the most important driver in improving coordination between IT risk management and enterprise risk management.

Niraj Kapasi, CISA, chair of the ISACA India Task Force, said, "There has been a gradual improvement in aligning the enterprise risk management strategy with managing IT risks and ensuring that IT is more aligned with business needs. However, much more needs to be done to integrate governance of IT with corporate governance to derive value."

Slow acceptance of cloud computing in India

According to the IT Risk/Reward Barometer, 36% of enterprises in India have adopted cloud computing, with 11% using it for mission-critical services. Drivers for implementing cloud were reported to be cost optimizations and availability, centralized operations, and cost reductions.

The major concerns in deploying cloud computing, according to Indian IT leaders whose organizations do not use it, are security and privacy concerns and the discrepancies in the type of data/service.

Information security and risk jobs on the rise

In the Indian IT industry, a high percentage (65%) of respondents expects their enterprises' staffing requirements for information security to increase over the next year. Similarly, 66% expect risk management staffing requirements to go up.

"The government of India has just released additional regulations on privacy and the role of intermediaries, increasing the demand for security and risk professionals," said Kapasi.

About the 2011 IT Risk/Reward Barometer

The IT Risk/Reward Barometer is based on March 2011 online polling of 2,765 ISACA members worldwide , including 229 members in India. Full results are available at www.isaca.org/risk-reward-barometer.

About ISACA

With 95,000 constituents in 160 countries, ISACA® (www.isaca.org) develops international information systems auditing and control standards, continually updates COBIT, and administers the globally respected CISA, CISM, CGEIT and CRISC certifications.

Follow ISACA on Twitter: http://twitter.com/ISACANews
Join ISACA on LinkedIn: ISACA (Official)



CONTACT DETAILS
CONTACTS :
Sampark Public Relations, Mumbai
Pradeep Ghorpade, +91 9820267858
pradeep.ghorpade@sampark.com
Pradeep01.sampark@gmail.com
or
Suheil Merchant, +91 98202 52745
suheil.merchant@sampark.com
Suheil.merchant@gmail.com
or
ISACA
Kristen Kessinger, +1.847.660.5512
news@isaca.org

KEYWORDS
CONSUMER, MARKETING, ELECTRONICS, HOUSEHOLD, IT, MEDIA, TELECOMMUNICATIONS, TECHNOLOGY

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