In order to ensure that awareness and initiatives of IT Governance and IT Security are spread across companies in India, the Mumbai Chapter of ISACA (Information Systems Audit and Control Association, HQ in USA), conferred the IT Governance Award and IT Security Award to organizations for implementing the best practices in IT Governance and IT Security at their respective workplaces.
The award for Excellence in IT Governance was awarded to YES Bank and VFS Global and the award for IT Security was bestowed to Reliance Life Insurance and HDFC Bank. The jury for the selection of the awards consisted of eminent IT experts independent of ISACA.
The award ceremony, a first since the inception of the ISACA Mumbai Chapter, took place in the city on 04th and 05th September and also commemorated the 14th Annual Conference of the Mumbai Chapter. The theme of this two day conference was “TRUST IN, AND VALUE FROM, INFORMATION SYSTEMS”. The Chief Guests for the event were Mr. K.P. Sashidharan, Director General Commercials, Controller Audit General and Mr.Robert Stroud, Inertnational Vice President, ISACA who flew down specially from the USA to give away the awards.
The two day event showcased presentation from 20 speakers and was attended by over 150 delegates on the sub theme of Governance and Value Creation and Assurance through Security, Risk Management and Audit. This was also followed by the philosophy of seeking freedom from the two fundamental issues plaguing the Corporate World today and that is:
Information Systems Mal-Governance
Inadequate Information Systems Security
Speaking on the lines of the event, Sunder Krishnan , Conference Director, said “The Chapter has seen an encouraging response from corporates, who were keen to participate and present their Case Studies showcasing the implementation of best practices in IT Governance and IT Security”
ISACA Mumbai Chapter has been in operation since 1993 and has been very active in its support to ISACA’s commitment to education, certification and expanding the knowledge base of the profession through a commitment to research. The Mumbai Chapter of ISACA has been the largest chapter in India and about the 10th largest in the world. The Mumbai Chapter has a strong membership of around 1500 + members who constantly strive to provide enriching seminars, training workshops for professional development.