Almost half of the Indians experienced at least one internal security breach during the past one year in their organisations, says the Deloitte report. Interestingly, a respectable 66% state that they are very confident or extremely confident in their ability to thwart external cyber attacks .
The dark side is that information privacy is moving at a slow place and is an area of concern. Still 32% of Indian respondents believe their information security professionals are missing competencies to handle existing and foreseeable security needs. A significant 44% believe that they are still falling behind in dealing with security threats. But on the brighter side, 48 % believe they are on plan in dealing with security threats.
While organisations have taken a step in the right direction by reinforcing budgets towards information security, current strategies may still be inadequate to close the gaps. Aligning with global standards, focus on elements like Identity and Access management is also gathering steam, says Sundeep Nehra, senior director, Deloitte Touche Tohmatsu India. Top spending priorities in 2010 include identity and access management, data protection, security infrastructure, regulatory and legislative compliance, and information security compliance remediation based on the findings of internal and external auditors.