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Cyber Incidents: ASSOCHAM-PwC Joint paper suggests govt to set up SOC

4/10/2018

Agencies, Hyderabad The Union government must set up a Central Security Operations Centre (SOC) with advanced analytical capabilities to enable continuous and real-time monitoring of all information technology (IT) assets, interconnected networks and operational environments to curb Cyber incidents, suggested an ASSOCHAM-PwC Joint paper. “The SOC should develop a fusion centre to integrate information available from other commercial sources as well to have a better assessment of evolving global threats,” noted a joint paper prepared by ASSOCHAM and consulting firm PwC based on post-event recommendations for ASSOCHAM’s 10th annual summit on cyber and network security submitted to the government. In its paper , the Industrial body recommended to the government that industry and security vendors come together on a common platform to formulate and implement policies and procedures for cyber security, ASSOCHAM said in a release here on Tuesday. Highlighting the need for seamless flow of information between state intelligence agencies, central intelligence agency, various government departments and Ministries in India, the paper also said that a framework should be established to effectively curb cyber incidents and reduce the time taken in responding to it. It also suggested that India should ensure active collaboration with other countries and global cyber security agencies through international treaties, bilateral agreements and memorandums of understanding in order to understand the latest threats and take proactive security measures to tackle them. “The government should consider active participation in international cyber security conventions and treaties, which provide measures to combat cybercrime and gather electronic evidence from service providers,” It said. With a view to establish programmes to promote Research and Development (R&D) in the field of cyber security, the ASSOCHAM-PwC paper also suggested the government to introduce tax incentives, subsidies and investment funds.

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