CII recognises that information has emerged as the primary driver for economic wealth in the 21st century. Similarly, in business, information has become as critical as financial resources and mandates the same level of commitment to its management as that of financial supervision.

IT has attained new importance in an increasingly networked marketplace. The complexity, speed, interconnectivity and globalisation of business activities have made IT strategic to enterprise growth; essential for enterprise survival. Given the importance of IT in business, its effective governance has become crucial, due to the impact that IT can have on shareholder value.

While IT generates many direct and indirect benefits, it also brings with it the potential for causing harm. IT assets are subject to harm from threats and vulnerabilities; which can result in loss, inaccessibility, alteration, or wrongful disclosure of information assets through hackers, malicious code attacks, etc. The gap between the degree of management required and the degree of management actually applied, directly affects the overall performance of the enterprise, and therefore, shareholder value.

CII shall play an advisory role in creating awareness about the various aspects of IT Governance and IT Security Governance amongst the Board of Directors of Indian companies through a series of seminars, newsletters, mailers, pamphlets, etc. The specific areas of focus are given below.