Recognition underscores Genpact's continued excellence in cybersecurity and commitment to driving client value with its security practices
NEW YORK, July 6, 2022 /PRNewswire/ -- Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced that it has been honored with the 2022 CSO50 Award from Foundry's CSO, the premier content and community resource for security decision-makers leading business risk management efforts. This year's award recognizes Genpact for implementing holistic risk management practices through its Client Lifecycle Risk Management (CLRM) program.
The pandemic-induced acceleration of digitization has increased cyber risk worldwide, impacting businesses financially, legally, and causing reputational damage. In this environment, data security, privacy and cybersecurity resilience have emerged as one of the primary requirements from clients across sectors and geographies. Operationally, this translates to faster identification, escalation and mitigation of these risks starting from the initial pitch for a new deal all the way through contract management and delivering services to clients. To accomplish this, Genpact implemented an integrated risk management program, empowering its sales and operations teams, as well as clients, to make real-time risk decisions in an agile manner with minimal impact on the deal closure cycle.
"With the number of cyber-attacks reaching an all-time high in the past 24 months, businesses everywhere are aggressively working to identify and prevent security breaches to avoid losing years of customer trust, loyalty, and brand reputation in a matter of minutes," said Vidya Srinivasan, global infrastructure, and risk leader, Genpact. "At Genpact, digitally transforming clients' businesses, securely and compliant with various regulations is a critical focus for us. This award is a testament to the end-to-end value we are delivering."
This is the sixth consecutive year Genpact has received a CSO50 award for leading specific security projects and initiatives that demonstrate outstanding business value and thought leadership. Genpact received this award in 2021 for its "Secure Work-From-Anywhere" initiative; in 2020 and 2018 for its "Cyber Defense Center Transformation and Automation" initiatives; in 2019 for its "Cloud Security Automation" initiative; and in 2017, for its "Data Loss Prevention 2.0" program.
"As the global business environment continues to change with new technologies and ways to connect with one another, new security challenges are surfacing each day that security leaders and organizations must deal with," said Amy Bennett, executive editor of CSO. "The annual CSO50 and CSO Hall of Fame Awards give recognition to the leaders and teams that are establishing new solutions for dealing with the many current and emerging threats their organizations are confronted with. We are looking forward to giving Genpact and other standout teams and leaders the recognition they deserve at the upcoming event in September."
Genpact will accept its award at the CSO50 Conference + Awards to be held September 19-21, 2022 at the MGM National Harbor in Maryland.
About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. Led by our purpose – the relentless pursuit of a world that works better for people – we drive digital-led innovation and digitally enabled intelligent operations for our clients. Guided by our experience reinventing and running thousands of processes for hundreds of clients, many of them Global Fortune 500 companies, we drive real-world transformation at scale. We think with design, dream in digital, and solve problems with data and analytics. Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 100,000+ of us. From New York to New Delhi, and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent the ways companies work. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we'll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook.
About the CSO50 Awards
The CSO50 Awards recognizes 50 organizations for security projects and initiatives that demonstrate outstanding business value and thought leadership. The CSO50 Awards are scored according to a uniform set of criteria by a panel of judges that includes security leaders, industry experts and academics. The 2022 awards will be presented at the CSO50 Conference + Awards to be held September 19-21, 2022 at the MGM National Harbor in Maryland.
Past winners include Adobe, Allstate, American Express, City of Raleigh, The Clorox Company, Comcast, Delta Dental, Genpact, HBO Latin America, Home Depot, Microsoft, University of Pennsylvania, Verizon and many more. A complete list of the 2021 winners can be viewed on FoundryCo.com
About CSO
CSO is the premier content and community resource for security decision makers leading business risk management efforts within their organizations. For more than a decade, CSO's award-winning website (CSOonline.com), executive conferences, strategic marketing services and research have equipped security decision makers to mitigate both IT and corporate/physical risk for their organizations and provided opportunities for security vendors looking to reach this audience. CSO is published by Foundry (formerly IDG Communications, Inc.). Company information is available at www.foundryco.com
MEDIA CONTACTS:
Siya Belliappa
Global Genpact Media Relations
+1 718-561-9843
siya.belliappa@genpact.com
SOURCE Genpact
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