Tech evolution, smart attacks, Indian cos key concern: Survey

New Delhi: Rapid evolution of technology and more sophisticated ways of attacking the company data like spam, are some of the key concerns of Indian companies when it comes to securing information, says consulting firm Deloitte. In its Global Security Survey 2010 - India Report, Deloitte said 47 percent of the respondents in India considered more and more sophisticated threats as a major barrier that the organization faced. About 40 percent of the respondents said rapid pace of technology evolution was also a concern, it added. "Organizations are trying to spend their information security budgets wisely. They want to obtain high security levels at a reasonable price and are positioning themselves for an optimistic, but still uncertain future," Deloitte India Senior Director Sundeep Nehra said. The report surveyed 62 Indian companies across financial services, healthcare, telecom, technology, manufacturing and public sector. Though, almost half of the respondents said they experienced at least one internal security breach during the past one year in their firms, 66 percent of the respondents said they are "very confident" or "extremely confident" in their ability to thwart external attacks. Information security awareness and training ranks among the top three security initiatives for the coming year. "Even though most security awareness programs start with just a module for raising awareness and knowledge, but at least it is a step in the positive direction," he said.He added that though budgets for data security has been reinforced despite the slowdown, still more needs to be done. According to the survey, only 25 percent of Indian respondents said they had an Information Privacy program, while the corresponding global number is closer to the 46 per cent mark. "Aligning with global standards, focus on elements like Identity and Access management, which is gathering steam, can be some ways," Nehra said.