Recognized as a worldwide industry practice for cost effectiveness and optimization, the process of Outsourcing involves humongous data exchange as it is all about delegating business processes and functions. This has resulted in the increasing concerns over data security and breach. With the increasing adoption of the cloud as a platform, the enterprises are constantly bothered due to the lack of data compliance and hosting parameters. IT Exports and Outsourcing being a major source of revenue for the Indian economy, thereby making it imperative for the Indian Outsourcing industry to accrue data compliance and security accreditation.
In the Information Technology scenario, associations like NASSCOM (National Association of Software Services Companies) have been playing a very significant role in laying the foundation for quality services and data security whilst keeping parity with the international protocols. It has also undertaken the four step initiative to engage, educate, enact, and enforce data security laws in the Indian IT/ITES market. Apart from the ISO 27001 standards, BS7799 is another standard mostly adhered by the IT companies in India.
The Indian outsourcing have not only advanced in terms of service offerings but also have matured in terms of ensure data security when it comes to services. The outsourcing firms have a dedicated IT budget towards integrating security means with the processes and networks.