{"id":15202,"date":"2023-12-29T10:39:55","date_gmt":"2023-12-29T10:39:55","guid":{"rendered":"https:\/\/ivaluegroup.com\/en-gl\/?p=13657"},"modified":"2023-12-29T10:39:55","modified_gmt":"2023-12-29T10:39:55","slug":"future-proofing-esg-trends-challenges-and-ivalues-approach","status":"publish","type":"post","link":"https:\/\/ivaluegroup.com\/en-kh\/blogs\/future-proofing-esg-trends-challenges-and-ivalues-approach\/","title":{"rendered":"Future-Proofing ESG: Trends, Challenges and iValue\u2019s Approach"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15202\" class=\"elementor elementor-15202\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-07adbd1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"07adbd1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-369a112\" data-id=\"369a112\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bcc6de elementor-widget elementor-widget-image\" data-id=\"6bcc6de\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ivaluegroup.com\/en-gl\/wp-content\/uploads\/2023\/12\/ESG-graphic-2-1024x683-1.png\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-07ada7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"07ada7a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-54eb372\" data-id=\"54eb372\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1304bdd elementor-widget elementor-widget-text-editor\" data-id=\"1304bdd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>There are two sides to the India growth story. A story deeply interlinked with the growing role of technology in our lives.<\/p><p>\u00a0<\/p><p>One side calls for <em>appreciation<\/em>.\u00a0<\/p><ul><li>18 countries now accept trade payments in INR, and 13 countries have signed an MoU to adopt UPI for their digital payments.<\/li><li>$5 billion worth of iPhones were exported from India in the past year, and $10 billion worth of other smartphones &#8211; figures expected to exponentially rise.<\/li><li>We just overtook the UK to become the world\u2019s fifth largest economy, and we\u2019re not done. The WEF projects us to be the third largest economy by 2037.<\/li><\/ul><p>\u00a0<\/p><p>The other side calls for <em>apprehension<\/em>.\u00a0<\/p><ul><li>Over <a href=\"https:\/\/www.statista.com\/statistics\/1201177\/india-number-of-cyber-attacks\/#:~:text=More%20than%201.3%20million%20cyber,terms%20of%20internet%20user%20numbers\" target=\"_blank\" rel=\"noopener\">1.3 million cyber-attacks<\/a> were reported across India in 2022. \u00a0<\/li><li>India is <a href=\"https:\/\/start.paloaltonetworks.com\/2023-unit42-ransomware-extortion-report\" target=\"_blank\" rel=\"noopener\">the second-most targeted country for cyber-attacks in the APAC region<\/a> after Australia.<\/li><li>India ranks <a href=\"https:\/\/www.hindustantimes.com\/cities\/mumbai-news\/india-third-most-targeted-country-by-phishing-campaign-report-101670179300520.html\" target=\"_blank\" rel=\"noopener\">third in the world for countries affected by password-stealing phishing<\/a> campaigns.<\/li><\/ul><p>\u00a0<\/p><p>The truth is our growing prominence in the world has resulted in a large target on our collective backs. A target that cybercriminals are trying to exploit with increasing regularity if recent breaches of <a href=\"https:\/\/ciso.economictimes.indiatimes.com\/news\/aiims-ransomware-attack-what-it-means-for-health-data-privacy\/96538957\" target=\"_blank\" rel=\"noopener\">AIIMS<\/a> and <a href=\"https:\/\/www.thehindubusinessline.com\/companies\/ransomware-attack-sun-pharma-says-business-operations-impacted\/article66667349.ece\" target=\"_blank\" rel=\"noopener\">Sun Pharma<\/a> are anything to go by.<\/p><p>\u00a0<\/p><p>We\u2019re dealing with an omnipresent, ever-evolving threat.<\/p><ul><li><strong>Cyber-terrorism<\/strong> is on the rise.<\/li><li>Hackers now use <strong>malicious AI<\/strong> to craft malware.<\/li><li>More attacks are expected on<strong> critical infrastructure<\/strong> like power, transportation, and finance.<\/li><li><strong>Ransomware <\/strong>payments are now so commonplace that there are whitepapers on regulating them. Fact of the matter is, 92% of organizations don\u2019t get all their data back from ransomware attacks. (Sophos)<\/li><li>And <strong>cyber-insurance <\/strong>(whose premiums increased by 62% on average in 2022) and <strong>third-party cyber health checks<\/strong> are becoming near-necessities for organizations in the face of this threat.<\/li><\/ul><p>\u00a0<\/p><p>This is a threat that, frankly, we simply aren\u2019t prepared for.<\/p><ul><li>India faces an <a href=\"https:\/\/www.isaca.org\/state-of-cybersecurity-2022\" target=\"_blank\" rel=\"noopener\">acute shortage of cybersecurity talent<\/a>. 60% of Indian firms have unfulfilled cybersecurity positions, 42% say their cybersecurity teams are understaffed and 65% report difficulties in talent retention.<\/li><li>Only <a href=\"https:\/\/economictimes.indiatimes.com\/tech\/technology\/isaca-survey-increase-in-unfilled-cybersecurity-positions-lack-of-qualified-talent-in-india\/articleshow\/90568678.cms\" target=\"_blank\" rel=\"noopener\">3 out of 10 companies<\/a> have a formal security strategy, and 1 out of 4 have dedicated IT security teams.<\/li><li>It doesn\u2019t help that the most recent set of cyber laws in India are from the IT Act of 2000, long before IoT, cryptocurrency and, yes, AI hit their current heights.<\/li><\/ul><p>\u00a0<\/p><p>So, how can you prepare for this? A good place to start would be adhering to the CIA triad shown below:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c795fe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c795fe\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c40ca4\" data-id=\"7c40ca4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd129c6 elementor-widget elementor-widget-image\" data-id=\"bd129c6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ivaluegroup.com\/en-gl\/wp-content\/uploads\/2023\/12\/321.png\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-de0403e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de0403e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b859493\" data-id=\"b859493\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-691f62d elementor-widget elementor-widget-text-editor\" data-id=\"691f62d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>These are 3 sacrosanct covenants when it comes to dealing with your organizational data. <strong>Confidentiality<\/strong> keeps your data secure and private, <strong>integrity <\/strong>enables your data to be authentic, accurate and free from tampering, while <strong>availability <\/strong>ensures that your systems function as and when they should.<\/p><p>\u00a0<\/p><p>Okay, so you\u2019ve got your building blocks. Now, you need a framework. Which brings us to something called ESG.<\/p><p>\u00a0<\/p><p>Enterprise Security Governance (ESG).<\/p><p>\u00a0<\/p><p>The benchmark for your organization\u2019s data security strategy. It protects your assets, mitigates present &amp; future risks, ensures compliance to the many regulations out there, and preserves the reputation of your organization in this ever-changing environment.<\/p><p>\u00a0<\/p><p>It helps you stay proactive, while the rest are being reactive. 4 core components of ESG help you stay ahead of the curve:<\/p><ul><li><strong>Risk management <\/strong>performs a complete analysis of your business. Not only will it identify potential threats in your areas of interest, but it will also set a blueprint of what threats you may face in the future.<\/li><li><strong>Governance <\/strong>creates comprehensive SOPs for every specific task or incident, to ensure everyone in your company is on the same page in all situations.<\/li><li><strong>Compliance <\/strong>gets you on-side with all the regulations your company may face, whether it\u2019s something overarching like GDPR, situational like state laws, or specific like your individual contractor requirements.<\/li><li>And finally, <strong>security operations <\/strong>revisit and constantly monitor these procedures to keep you on top of the evolving digital landscape.<\/li><\/ul><p>\u00a0<\/p><p>To make your company\u2019s ESG all it can be, your people, processes and technology must work in unison. To that end, let\u2019s stop for a second to do a quick exercise. The diagram below is called a <strong>Security Maturity Assessment:<\/strong><\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f7e5060 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7e5060\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b95c466\" data-id=\"b95c466\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db7faa8 elementor-widget elementor-widget-image\" data-id=\"db7faa8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ivaluegroup.com\/en-gl\/wp-content\/uploads\/2023\/12\/123.png\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c326d9b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c326d9b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c5a6b00\" data-id=\"c5a6b00\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ea5d37 elementor-widget elementor-widget-text-editor\" data-id=\"9ea5d37\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>So, where does your organization currently fall in this scale? If you feel there\u2019s room to optimize, ESG is the answer. There are many, many benefits to adopting one:<\/p><ul><li>It creates a <strong>better overall security posture<\/strong> for your company, as you\u2019re constantly ready for threats.<\/li><li>You have access to <strong>state-of-the-art technologies.<\/strong><\/li><li>That creates <strong>increased confidence<\/strong> from your customers &amp; stakeholders.<\/li><li>And gives you a sure shot <strong>competitive edge<\/strong>, especially if you implement it across the board for your third parties, too.<\/li><\/ul><p>\u00a0<\/p><p>Sounds too good to be true, right? Something every organization should ideally have? Yet, there are many challenges to making ESG a widespread reality:<\/p><ul><li>It all starts with lack of <strong>stakeholder commitment<\/strong>, oftentimes stemming from a lack of awareness and cyber savvy from the top of the pyramid.<\/li><li>It is a process that requires <strong>constant re-evaluation<\/strong>, which isn\u2019t appealing for companies looking for a quick fix.<\/li><li>Because of that, it requires a lot of <strong>investment<\/strong>, initially and periodically, which goes against the \u2018one-time commitment\u2019 culture.<\/li><li>And it doesn\u2019t help that India has a <strong>tricky regulatory environment<\/strong>, where state level regulations face off against government level regulations for companies operating in multiple locations.<\/li><\/ul><p>\u00a0<\/p><p>But these shouldn\u2019t impede you if your ultimate goal is to protect your organization and its assets.\u00a0<\/p><p>\u00a0<\/p><p>And if that really is your goal, you\u2019ve come to the right place. iValue has a comprehensive, 3-pronged ESG approach consisting of:<\/p><ol><li><strong>Best-in-breed technologies<\/strong> when it comes to IT security that incorporates the all-encompassing scope of AI &amp; ML.\u00a0<\/li><li><strong>Curated policies &amp; processes<\/strong>, originating from a strong services &amp; technical team that analyzes how tech is adapted in different customer segments. This gives us a plug &amp; play framework for a holistic understanding of the tools a particular company should adopt and the regulatory bodies that company should comply with.<\/li><li><strong>Strict adherence to set SLAs<\/strong>, backed by our 180+ tech teams that maintain your critical infrastructure and make recovery times faster than ever.<\/li><\/ol><p>\u00a0<\/p><p>So, if you\u2019re ready to make ESG a reality, <u>click here<\/u> to start a crucial new chapter of YOUR growth story!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>There are two sides to the India growth story. A story deeply interlinked with the growing role of technology in our lives. \u00a0 One side calls for appreciation.\u00a0 18 countries now accept trade payments in INR, and 13 countries have signed an MoU to adopt UPI for their digital payments. $5 billion worth of iPhones &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/ivaluegroup.com\/en-kh\/blogs\/future-proofing-esg-trends-challenges-and-ivalues-approach\/\"> <span class=\"screen-reader-text\">Future-Proofing ESG: Trends, Challenges and iValue\u2019s Approach<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":19,"featured_media":15059,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[109],"tags":[],"whitepapers":[],"case_studies":[],"acf":[],"_links":{"self":[{"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/posts\/15202"}],"collection":[{"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/comments?post=15202"}],"version-history":[{"count":0,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/posts\/15202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/media\/15059"}],"wp:attachment":[{"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/media?parent=15202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/categories?post=15202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/tags?post=15202"},{"taxonomy":"whitepapers","embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/whitepapers?post=15202"},{"taxonomy":"case_studies","embeddable":true,"href":"https:\/\/ivaluegroup.com\/en-kh\/wp-json\/wp\/v2\/case_studies?post=15202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}