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Nasscom to crack down on cyber crimes
December 02, 2004 19:15 IST
Last Updated: December 02, 2004 20:11 IST
The National Association of Software and Service Companies has embarked upon a new initiative to check cyber crimes, for which the apex body of software professionals would team up with police force of major IT cities in the country. Announcing this in Kolkata on Thursday, Nasscom president Kiran Karnik said that the Mumbai Police had already set up a separate cyber crime cell. The initiative would be replicated in other cities like Bangalore, Chennai, Kolkata, Pune and Hyderabad.
Expressing concern over data privacy and network security issues, Karnik said that Nasscom had already put in place the '4E' framework, namely engagement, education, enactment, and enforcement.
Karnik said that the government had also been pursued to plug possible loopholes in various legislations, particularly the IT Act. He added that Nasscom would also urge the government to bring amendments to the IT Act and Contracts Act.
Besides these areas, Karnik said that the other areas of concern were constraints in human resources and lack of proper and adequate infrastructure. Karnik said that success of the industry depended upon the supply line of good talent, for which Nasscom was laying special emphasis, he added.
On the growth rate of software exports during the current financial year, Karnik said that Nasscom had predicted at the beginning that it would be in the region of 30 per cent to 32 per cent over previous fiscal's level of $12.5 billion.
He said that Nasscom would not revise that target downwards or upwards. The domestic software market was expected to grow by 20 per cent, he said.
Expressing concern over appreciation of the rupee vis-a-vis the dollar, Karnik said that export earning might be affected if the depreciation of the greenback was sudden.
However, he added there was no cause for worry if the appreciation of the rupee was gradual. More than 70 per cent of India's earnings from software exports generated in the US market, while the balance was contributed by UK.
Karnik also sounded wary on the issue of outsourcing. He said that although Bush had returned to US presidency, the issue had not altogether gone away.
However, he said that detailed economic research had found that outsourcing would actually benefit the developed countries in the same way as it would for the developing nations.