PRZOOM - /newswire/ -
Bangalore, Karnataka, India, 2010/12/30 - Aujas announced the launch of “Take Charge: A Risk simulation game”, a one of a kind game that focuses on participants simulating running a business and managing risk in their business environment.
It creates a business environment and simulates a market place wherein teams play against each other and all through the exercise, their business and risk management abilities are evaluated.
“Take Charge” was first held at the 3rd Annual CSO Summit on 4th December 2010, in New Delhi. This game was played by around 35 CSO’s, Security and Risk professionals and evoked a good response. The participants enjoyed the challenge of balancing business growth and managing risk in a high-risk environment.
This game aims at sensitizing CSO’s about business issues and concerns and the need to balance business and security. There is a critical organizational need for CSOs to function as strategic partners to the business – with a clear understanding of the business goals and developing risk frameworks that facilitate achievement of these business goals. This game helps CSOs to explore new dimensions of their role – primarily that of a Business Leader.
A few quotes from the participants,
"The game is very effective in sharpening management skills required on a day-to-day basis to take decisions in a complex and high-risk environment” - Upal Chakraborty, CIO, DLF Ltd.
“The game was an eye-opener with a stark resemblance to practical life scenarios” - Sanjeet Taneja, Director - IT infrastructure & Security, Capital IQ.
“The experience was great as it allowed us to think out of the box and put ourselves in the shoes of our business heads” - Ashish Chandra Mishra, Chief Information Security Officer (CISO) Tesco Hindustan Service Centre.
“This security simulation game is carefully designed to emphasis the fact that risk management is an ongoing process and should always be focused on the baseline controls, business impacts. As participants, we experienced the challenges in business and the key role of security controls in managing operational risk.” - K.S.Narayanan, Head - Information Risk Management, ING Vysya Bank Ltd.
“Overall it was a great experience to participate (and win!) in the game. It provided us an opportunity to look at risks pragmatically and from business owner perspective. As risk management professionals we tend to look at risks very seriously and try to minimise/mitigate by putting in maximum controls - however in this game we had to shift our focus to maximising business profits and taking on some calculated risks in the process. This game helped us adapt to business needs and strategise risk management as an enabler for business.” - Parag Deodhar, Chief Risk Officer and Vice President – Program Management & Process Excellence, Bharti AXA General Insurance Co. Ltd.
“I personally enjoyed playing the security simulation game which provided a deep insight into utilising security related risks and associated controls into a competitive advantage in order to increase a company’s sustainability and profitability.” - Burgess Cooper, CISO & General Manager – IT Security, Vodaphone
“Fantastic, it very vividly brought out in each of us the need to consider the needs of business and strike a balance between the realities of security versus the feeling of security” - Arun Shah, AVP & CISO, Obopay.
“It was a well designed game and highly engaging.” - Vishal Salvi, Sr. Vice President & Chief Information Security Officer, HDFC Bank.
Speaking at the venue, Sameer Shelke, co-founder, COO and CTO at Aujas said “Effective Risk management frameworks are not just about mitigating internal and external risks, they need to enable business growth and get support from various functions within the Enterprise. Security has always been the balance between functionality and control; most CSO’s/CISO’s would agree that successful controls are those which strike the right balance. This simulation game is a framework which enables the participants to play and compete in a market place to achieve business results and manage risk. We call it a framework as it can be customized to specific learning objectives of an organization or group. It’s also lots of fun and provides a platform for all those involved to un-learn and learn!”
Aujas (aujas.com) is a Global Information Risk Management (IRM) services company. We offer management consulting and technology life-cycle services in the area of information risk. Our objective is to provide effective IRM services to business and technical issues. Our Service portfolio includes: Information Risk advisory services, Secure Development Life-cycle services, Identity and Access Management services, Managed Information Risk services, Vulnerability Management services, Converged Security services.