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Digital Security


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Digital Security,Business, People and Economics

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Digital Security

  1. 1. Digital Security Business, People and Economics<br />T Koshy<br />NSDL<br /><br />
  2. 2. The digital World<br />The world is getting more and more digital<br />Security threats in the digital world<br />Security no more domain of hardware expert<br />It is about risk management<br />It is a management decision<br />
  3. 3. Risk Management<br />Components<br />Risk Elements<br />Probabilities<br />Impact<br />Cost & Benefit of Risk Mitigation<br />Need for a New Framework<br />Business Compulsion<br />Human Nature<br />Incentives<br />
  4. 4. The Human Element<br />Two Ends of the spectrum<br />One end – The inability to understand risk<br />Natural Response<br />Flight or Fight<br />Hold the instinct and analyze<br />Optimism Bias<br />Quirks of Software Industry<br />Impact on Security <br />
  5. 5. Human Element<br />Other End – Paranoid Reaction<br />Constant Selling Pressure<br />Advice of expert<br />Ambient Noise<br />Recent Events<br />Need for a Balanced View<br />Need for continuous rebalance.<br />
  6. 6. NSDL Case Study<br />.<br />
  7. 7. NSDL<br />Public Good<br />Demat – Get it right the first time<br />Primary Responsibility to the Depository<br />State-of-the-art Technology <br />PKI<br />DRS<br />Appropriate Tools<br />Integrity and Honesty – The core values<br />Risk as a part of Management Process<br />Security Committee<br />RAG<br />Certifications<br />Audits<br />
  8. 8. Learning<br />Information Security is about Managerial Choice<br />Whether Gadget or Process. It should justify the merit<br />Not a One-Time Activity – A Continuous Process<br />It should form a part of organizational process and culture<br />But Don’t Forget Your Client<br />