Recent high profile disclosures of privacy and information security lapses have placed compliance issues on the top priority list of the global IT industry’s agenda. More and more enterprises are seeing their information security practices come under intense scrutiny, both internally and by regulators. In demonstrating its proactive stand and to address these emerging issues, the NASSCOM and the Data Security Council of India (DSCI), organized a high-level Policy Seminar on “Global Data Outsourcing - Challenges, Best Practices and Solutions in Data Security” on 17 October 2008 in Brussels.

Participants of the Seminar were informed that Indian IT industry takes this issue very seriously and would like to work with the international bodies to address the issue. The Seminar, organized in partnership with Linklaters, addressed the current situation of outsourcing within the context of data privacy and security, the issue of self-regulation, and best practices. The well attended Seminar addressed the challenges related to data outsourcing in the political, legislative, contractual and technical areas while seeking open ended inputs to a proposed model of industry self regulatory approach complimented by global best practices in this field.

Dr. Kamlesh Bajaj explained NASSCOM's 4E Initiative which aims at making India a trusted destination for Global Data Outsourcing. The core focus of the 4E initiative is to create awareness, an accountability framework and an eco-system through the 4 pillars of Education (and training), Engagement (with industry stakeholders), Enactment (in legislative terms) and Enforcement (through contractual and judicial compliance mechanisms). DSCI proposed model of industry self-regulation that it views would become the model of choice for the Global IT industry.

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