Experts stress on strengthening of cyber security

CHANDIGARH: Calling for new ways of protecting the intangible assets of businesses, experts have stressed the need to focus on cyber security requirements.

At a symposium on cyber security organised by CII the experts made an attempt to establish a dialogue between crime fighting agencies, the security industry and specialists to create a platform on which information security can be examined from global perspectives.

Addressing the symposium as the chief guest, Secretary IT and Secretary Finance, Chandigarh Administration, S K Sandhu said, "We are witnessing a metamorphosis in the way extended business dominions are built or sustained."

"Increasingly, it is not the superior tangible resources that demarcate the industry leaders from followers but their intangible assets - information, knowledge or intellectual property," he added.

This altered scenario calls for devising new ways of protecting these assets. As the dependence on automated systems and processing increases, so does the vulnerability of the organization to information sabotage and risk of disruption of business processes, he said.

USA-based Secure Computing's Vice Chairman and Chief Strategy Officer Jay Chaudhry stated that the inbound and outbound security threats in the present context range from threats moving from the network to the application the enterprise perimeters becoming porous with email and web carrying most of the traffic.

To counter these threats, Chaudhry recommended for attracting experienced talent, specialisation in security at educational institutions, tie-ups at private sector and strengthening infrastructure and establishment of cyber security ventures by the Government.