Lessen Core Banking Risks, use IT controls

Thanks to the technological evolution, Indian Banks have not only been enabled to change the mode of transactions, but also drive the transactions at an alarming speed and in different formats. The trend applies to all banks and branches (over a lakh) including Scheduled Commercial Banks, Regional Rural Banks (RRBs) and Urban Cooperative Banks (UCBs). The new channels such as ATMs, Net Banking,... By varun gupta

How do breaches occur?

The one-two combo of hacking and malware struck less often this round, but definitely isnt down for the count. Filtering out the large number of physical ATM skimming incidents shows exploitation of weak and stolen credentials still standing in the ring. According to Wade Baker, Principal Author for the Verizon Data Breach Investigation Report (DBIR), the proportion of breaches incorporating... By varun gupta

One in Four CIOs is a Business Strategist

A new report from Emerson Network Power, player in maximizing availability, capacity and efficiency of critical infrastructure, finds that nearly half of CIOs consider themselves IT service providers or cost centers, rather than business game changers or strategic innovators. Simply keeping up with new technologies has become a major barrier to embracing the rapid development of the information... By varun gupta

How do breaches occur?

The one-two combo of hacking and malware struck less often this round, but definitely isnt down for the count. Filtering out the large number of physical ATM skimming incidents shows exploitation of weak and stolen credentials still standing in the ring. According to Wade Baker, Principal Author for the Verizon Data Breach Investigation Report (DBIR), the proportion of breaches incorporating... By varun gupta

Road Map to CIOs New Avatar

Change is always refreshing. Little wonder then that the current buzz in the industry is Be the Change. CIOs and the top management, be it the CEO, CFO and the like, have emerged from their cocoons and embraced change. Most CIOs who IT Next interacted with emphasized that future CIOs should change their status quo--this will drive them on the growth path they have carved for themselves. The... By varun gupta

Cloud Audit Critical

Expert Panel Parag Deodhar, Chief Risk Officer, CISO & VP-Process Excellence, Bharti Axa General Insurance Co. Ltd Dr Harsha, Head IT-Consultant, HK IT Group Yagnesh Parikh, Senior VP-Head IT (Trading), ICICI Securities Ltd THE SITUATION... How will Manoj Sahani ensure data security on the Cloud in his organisation? Every CIO or IT head is in a dilemma, thanks to the all pervasive... By varun gupta

Enterprises lack confidence in detecting and preventing threats

Juniper Networks, the industry leader in network innovation, today announced the findings of a new target="_blank">Ponemon Institute report,which revealed that on average the security posture of Indian organizations surveyed is only 4.7 based on a scale of 10 being very effective. target="_blank">The Efficacy of Emerging Network Security Technologies study, commissioned globally by Juniper... By varun gupta

Indias Mobile Services market to Reach Rs 1.2 Trillion in 2013

Indias mobile services market will reach Rs.1.2 trillion in 2013, up 8 per cent from 2012 revenue of Rs. 1.1 trillion, according to Gartner, inc. Mobile connections will grow to 770 million in 2013, an 11 per cent increase from 712 million connections in 2012. The mobile market in India will continue to face challenges if average revenue per unit (ARPU) does not grow significantly, said Shalini... By varun gupta

Fitting Steps to BI

Before initiating a BI project, it is crucial to understand that a well-implemented BI project never results in failure; and this is an established fact. It is just that RoIs are difficult to establish during the inception of the project. However, whatever the hiccups, the key imperative for IT managers is to initiate moves, which are thoughtfully planned, and suit enterprise needs. It revolves... By varun gupta

Collaborate to Win

A set of repeatable processes, documentation and governance at every step of the way is critical. The quest for effective vendor management is fraught with challenges, some obvious, others not quite so. One such challenge is institutionalising vendor management as a standard practice in the organisation. On the surface, it may not seem like much, in reality however, it is much more difficult to... By varun gupta

IT Arm of Schneider rolls out Smart-UPS VT

Schneider Electric IT Business India Pvt. Ltd. today announced the launch of the 3-Phase Smart-UPS VT with hot swappable batteries for small and medium businesses in India. The Smart-UPS VT features a 3-Phase Power Protection unit and is designed keeping in mind Indian usage conditions specifically, with features likehot swappable batteriesandpull out and swappable power modules. Conventional... By varun gupta

Top 10 Tech Trends for the Energy and Utilities

A new report from research and advisory firm Gartner, Inc. identifies the top ten technology trends affecting the global energy and utility markets in 2013, as the industry faces significant challenges from ongoing environmental sensitivity, changing policymaker attitudes and consumer expectations. Searching for successful business models that will address these issues and generate anticipated... By varun gupta