Attention now turns on India as an outsourcing destination

As could be expected, the Great E- Banking Robbery has now brought Indian Outsourcing industry to the center of controversy. The Reuter report

Already some security experts in US have started a campaign for shifting the card processing business to some large US companies. Probably in the short run some business will move out of India since “Security” is an issue on which no financial institution wants to compromise.

However, at this point of time it is not clear where the Indian companies failed. It would be necessary for INCERT to conduct its own  enquiry and undertake necessary steps to document what really caused the security breaches and what can e done in future to secure the BPO industry’s interests.

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
This entry was posted in Cyber Crime, RBI. Bookmark the permalink.

1 Response to Attention now turns on India as an outsourcing destination

  1. Already some protection professionals in US have began an offer for moving the cards handling business to some large US organizations.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.