Category Archives: Announcement

Aujas signs with Palamida to offer Intellectual Property and Security compliance services

Software products today are the result of reuse of code from many sources, especially open source software. It is a good strategy, if you go by the principle “Why build when you can re-use?” There are definite benefits including faster time to market and lower costs. The only hitch is open source software comes with their own legal requirements, security issues and intellectual property content.

So it becomes mandatory to have a framework in place to ensure that the security and legal status of resulting applications are managed well. We are seeing an increased demand from our clients to help them understand the content in their software projects. Given that for a lot of applications, more than 50% of code is open source or third party code.

We are pleased to announce a partnership with Palamida, a leader in application security for open source software headquartered in San Francisco. The partnership will help Aujas deliver solutions to assist clients to manage the intellectual property content to their software products. Aujas will enhance our Secure Development life cycle (SDL) services with software composition analysis services, which will help in quickly identifying and track undocumented code, associated security vulnerabilities as well as intellectual property and compliance issues, enabling organizations to cost-effectively manage and secure mission critical applications and products. For more information click here.

Software security is one of the biggest risk in the industry today, and while the industry is definitely taking steps to address this issue, it is still too little given the scale of the issue. We are exploring innovative ways to address these risk and help clients with tackle this issue effectively with our SDL services. Our partnership with Palamida is one more step in this direction.

Aujas wins NASSCOM EMERGE 50 2011 award and also Deloitte Technology Fast 50 India 2011 award

Last week was a good week. First we got the news that Aujas has won the Deloitte Technology Fast 50 India 2011 award. And just as we were about to start the celebrations, we got the news that we are also a NASSCOM EMERGE 50 2011 winner. What better way to begin the new quarter?

The Technology Fast 50 is a global program run by Deloitte, one of the Big 4 and a leading professional services firm. It is a pre-eminent technology awards program which ranks India’s 50 fastest-growing technology companies based on percentage revenue growth over three years. Deloitte has been running this program for last 7 years and previous winners include Fastpipe, iCreate, 3i Infotech and others. This is the first year Aujas participated in the program.

The EMERGE 50 is a program by NASSCOM to celebrate the spirit of entrepreneurship in the emerging business and showcasing success at early growth stage. The objective of NASSCOM EMERGE 50 is to recognize, celebrate, mentor, and offer crucial growth assistance to the next batch of 50 emerging companies. This is the second consecutive year for us where we are part of EMERGE 50.

As Gerard Ekedal said, “Recognition is the greatest motivator.” It is true for people, it is true for employees and it is true for companies as well. The awards are a recognition of all the hard work that everyone at Aujas has put into building a great company. It motivates all of us at Aujas, to try harder and do more as we help our clients “Manage Information Risk and Enhance Value”

Any significant achievement is only possible when everyone involved contributes significantly to the cause. A big thank you to all of the wonderful team at Aujas who have worked so hard to get us here, as well as our supportive Board and investors IDG Ventures India. Working with the team over these last few years through challenging times and creating an entity with 120 people, 150 customers in 15 countries has been a great journey and a life affirming experience about focus, commitment and humility.

We would also like to thank all our clients who have partnered with us in this journey and have guided, supported and helped us. As mentioned earlier, it only motivates us to do more for you and stretch the extra mile.

The awards are a good encouragement on this long journey, but it is still a long road ahead. As a wise man once said, “Success is a journey and not a destination.”

Outlook for Mobile payment adoption in India is Bright, but Security is still a big concern

Last month, I spoke at the Mobile Payment India 2011 – 3rd International Conference held at Taj Lands End, Mumbai. The conference was attended by nearly 200 attendees including mobile payment service providers, Banks, Telecom companies and regulators.

The primary focus was on the roadmap for M-Payment services roll-out for the huge consumer base in India. Leading payment service providers and banks came together to showcase their concrete and innovative mobile payment solutions.

In panel discussions on ‘Future of M-Payment in India and Service providers’ perspective’, lots of new ideas and perceptions were shared by leaders from Aadhaar, MTNL, Bharti Airtel, Reliance Communications and Axis Bank.  There were interesting discussions on exciting Mobile payment success stories and growth prospects in Indian market.

One of the key concerns was about Mobile payments standardization of policies, deployments, revenue models for service providers and banks, which are critical to make M-payment services a success. The second key concern was about security issues and risks in mobile payments eco-system.

Everyone agreed on security risks involved in this eco-system, but not too many sessions were there on how to mitigate these security risks. Surprisingly, the only one who spoke about Mobile security risks and mitigation was me.

My session was on Mitigating Security risks in Mobile Payment Applications”. It covered the concerns around major security risks in Mobile payments communications channels and payment application design flaws. The session focused on the trends in security risks and challenges involved and best practices to mitigate these security risks and challenges.

The outlook for Mobile payment in India seems bright, as long on companies take care of security. Secure Mobile payment applications would be main attentive feature to attract and build trust among mobile payments’ larger customer-base.

Aujas completes 2 years of successful operations

It gives us immense pleasure to inform you that Aujas successfully completes its second year of operations in February 2010.

The last 2 years have been a very interesting journey for us in a challenging economic environment marked by several ups and downs. Despite these circumstances, Aujas has managed to grow consistently.

A quick look back at the past 2 years highlights our commitment and focus to the Information Risk Management domain. Today we have grown to 55 employees with 70 customers from across 9 countries delivering over 100 projects with an active presence in 3 continents. We have added new services, repositioned our existing services and strengthened our team.

It is gratifying that our customers have seen immense value in what we have delivered and most customers have come back to us, reaffirming their trust in us.

As we commence our third year, we will add more services to our Information Risk services portfolio and continue to our Information Risk services portfolio and continue our expnasion into international markets.

We would like to thank our customers, employees, partners, management team, Board and Advisory Board members for their continued support in scaling Aujas.

Warm Regards,
M Srinivas Rao
Co-Founder & CEO

Aujas achieves Indian Computer Emergency Response Team’s (CERT-IN) Empanelment


We are pleased to announce that Aujas has achieved the Indian Computer Emergency Response Team’s (CERT-In) empanelment as an IT Security Audit Organization. This empanelment comes across as another milestone in our journey to build a global company out of India and we are proud to have achieved this within 18 months of our operations.

Indian Computer Emergency Response Team CERT-In (www.cert-in.org.in) is a national initiative to tackle any emerging challenges in the area of Information security and country level security risks and vulnerabilities. CERT-In is coordinated by Department of Information technology, Ministry of communications and Information Technology, Government of India in cooperation with several agencies in the government academia and industry.

CERT-In Empanelment process:

CERT-In empanelment is a tough process and involves various procedures such as providing information, methodologies, case studies, skills and profiles. It also includes a 2 stage qualifying test – an offline and online test to assess applications both in the offline and web environment. The selection process includes various challenges from identifying, exploiting and reporting vulnerabilities. The report will be reviewed by a panel of Security experts and then the empanelment is awarded.

 

For more details about the empanelment, visit: http://www.aujas.com/press_cert.html

We are happy to be amongst the list of emplaned organizations and look forward to working with various government and PSU entities

Regards

Team Aujas