Prabhu Sathyananda

  Dear Friends,   IIA Madras  chapter held Annual Conference on 16 and 17 july, 4 pm to 8 pm. A galaxy of eminent speakers shared their knowledge, experience, and wisdom on various relevant and current topics like Zero trust, Future of audit, Velocity of Risk, CEOs' expectations from Audit and risk professionals, entrepreneurial mindset, education, and rural development, emerging technologies. On the first day Eminent speakers and panelists  addressing the elite gathering were Mr. Sundeep Sikka, Mr. Sridhar Ramamoorthy, James H Wanserski from the USA, K S Sreedharan, Sharad Mathur, Sridharan Rangarajan, Kalpita Nassikar, Ravi veera Raghavan, Sathyananda Prabhu, Krishna Chaitanya, Sri. Sridhar Vembu   I have picked a few Gems from their presentations for your ready reference and application in life, which I am sharing here below.   An audit is not about finding issues, it is about identifying what can be done better in the area audited. ...

Today most of the Indian banks have adopted CBS. moved to INternet Banking, Mobile Banking, POS, CArds, ATM and lot more delivery channels making brick and mortar banking as just a back office. This brings to fore the core issue of Information security. In US , it is said billions of Dollars are lost in Cyber attacks, despite the so called sophistication and policy procedures in place. How Indian Banks,specially public sector and smaller old generation private sector banks with hardly any skiled IT security staff handle this challnge is a big question. Though Banks have started outsourcing some kind of security management, the in house expertise is very essential to get real benefit from these vendors and to select right kind of product, right deployment methodology and SLAs. This gives enormous potential for IT security professionals with domain expertise also for top slots. We need to discuss what kind of trainings / knowledge sources available for one to understand all changing an...