“CISO has one of the most difficult and challenging jobs”
By MYBRANDBOOK
Rohit Kachroo
CISO
Indiabulls Group
Key Priorities of 2020
To upkeep the technological pace ensuring the enhanced security posture, we have geared up for embracing state-of-the-art technologies. Our key priorities to embrace followings but not limited to:
1) Asset protection with Encryption and Zero Trust Model – to secure both external and internal networks and operate under the assumption that the networks cannot be trusted.
2) Amalgamation of Predictive Analytics – to ensure the proactive identification of incident trends through analysis of various existing data sets in cyber security such as server logs, applications, storage devices, network devices and so forth.
3) Inclusion of Machine Learning – which allows the use of algorithms to allow a computer system to use models of cyber security behaviour and provide analysis and/or predictions based on data evaluated such as logs, real-time communications and transactions.
4) Real Time Assessment Tool Integration - to assess interdependent cyber activities, services and systems along with data sets such as analytics in order to present a cohesive depiction of events such as a cyber-attack.
Combining Breakthrough & Fusion approach
With the changing dimension of development, we need to change our approach to upkeep the business objectives.
Breakthrough approach – where an organization invests in R&D that replaces an older generation technology and fusion approach is combining existing with hybrid technologies. Technology fusion blends incremental technical improvements. Breakthrough is a linear, step-by-step strategy of technology substitution. We cannot rely on “One Technology- One Industry” approach. Applying only breakthrough strategy will be insufficient; blending of both, the breakthrough and fusion approach in their technology strategies will be essential. Heavy reliance on R&D effort and ignoring the possibilities of combining technologies will keep us behind with pace. On the cautionary measure, while embracing any approach, business objectives and models need to be kept in the mind and need not be followed blindly.
Cyber Security
With the volcanic explosion of technological innovations which have touched every walk of life, cyber threat is one of the emergent concerns. Growing reliance on technologies have made every organization exposed to cyber threats that can occur at any time and from anywhere. Considering this, various companies have raised the priority level of cyber security, increased investment, and now including their CISO on the executive board. The CISO has one of the most difficult and challenging jobs. CISO has to keep themselves in the background of the organization, working vigorously with their security and operation teams to keep the critical systems including the ever-growing compliance and regulations that the business must comply with.
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