Traditionally, ISF has been maintaining a low profile, what's causing the forum to change its tracks now?
It is important for us to come out and explain to the public at large what we are because it is a not-for-profit organization and there are certain commercial organizations that we compete with. We want to go well beyond the 300 numbers and reach the 500 mark. There are two dimensions to this. One is the geographic growth and that is why I am sitting here today. There are parts of the world that are not adequately represented in an information security arena, and India is certainly up there at the top and, therefore, should be a part of that.
And, the other one is going in-depth in terms of the sectors in order to make sure that we don't just have banking and finance dominating the forum. We have pharmaceuticals, the transport industry as well as the vendor sector. So, it's very multicultural in terms of the spread as well as a multidisciplinary gathering. We have government departments coming in from the regulatory aspect.
How do you plan to broaden your base and take your work beyond this standard company? Is ISF ready to handle this change after being closely guarded for years?
Well, we did that with the forum's standard of good practice for information security. We put that in the public domain about 6 or 7 years ago. We have put a couple of reports out on the public website. It's all good saying that we're a not-for-profit company and we're just a loose conglomeration of people that we need to have a good legal standing for the intellectual property. But people need to know if the forum says something, although we are very careful about making statements because once you are talking for 300 different organizations, there will always be who say that they don't agree. It is our delivery work-the reports that come out, the survey that we do, the congress that we have and it's a workbench-that speaks for itself.
It's an enterprise risk management workbench that we have put together. It has a threat and vulnerability database, which controls, security and legislation database, which the OECD has taken a big interest in and would like to develop with us. So, it looks as though it's going to move actually into the public domain with their support. It is for people to pick and choose what they want to have. Hopefully, they get at least half of what they would like to have because our program is decided by the membership. It is not decided in some dark chamber. It is actually the members voting for what they would like to have each year and we're just planning to attack on topics in the year 2007.
The OECD initiative will give us some visibility. I have also been negotiating with the IT Governance Institute, and holders of the COBIT IPR, which we have a license to use in some of our deliverables. We would like to do some joint projects that would be available not only to our members but also to those organizations that subscribe to ITGI. It might seem a slow process. On one hand we don't want to disenfranchise the members who are investing in it but on the other hand we don't want to completely keep the lid on it.
How do you plan to expand your member base from the current 300 to the 500 mark?
Our current strategy is a sort of three-year horizon. So, I hope that at the end of three years, not necessarily in a linear fashion, we will have these members in place. There are some sectors that are not as strongly represented as they should be compared to their importance in the global economic activity. Therefore, there are still plenty of places and it is not that we have exhausted the top layer.
£16,000 is a lot of money. At Alcatel, I have four different departments to pay-the CIO, the chief security officer, the head of the Internal Audit Department and the head of the Risk and Insurance Department. This way, psychologically, nobody signs £16,000 and this is what I recommend to others to do. Also in terms of sharing, I make sure that other departments are involved in these various work groups in Chapter meetings.
A quick look at the ISF membership profile suggests that there are more financial services sector participants than others. Does that mean the sector is more actively engaged in the information security front?
Yes, precisely. The banking and financial services have been the mainstay and in a wider sense were really the founding element. Around 90 member companies out of the 300 are purely in the banking and financial sector. Just think of those in India who are not included in that but who in my opinion ought to be-both state owned as well as private sector companies.