Satyanandan Atyam is the Chief Risk Officer at Max Bupa Health Insurance Company. Satyanandan has been in the enterprise risk management space for the last 15 years. He specializes in enterprise risk management, operational risk, financial risk, information security, IT risk management, data privacy, data protection, business process design, risk advisory, IT audit & outsourcing risk.
Previously, Satyanandan Atyam served as the Head -Risk Management & CISO at Bharti AXA General Insurance for 7 years. Prior to that, he also led security initiatives at major companies such as IBM, Mindtree and National Stock Exchange.
Key Security Initiative
At Max Bupa, the security design, testing and remediation processes are coherent and no change is moved to production without remediation of the identified vulnerabilities. All the IT projects are launched with secure codes and with interventions of red teaming and cyber security annual assurance exercise that put the IT shop in better shape.
Max Bupa Health insurance has driven multiple projects on compliance to IRDAI Information & Cyber Security guidelines: a regulation for the insurance companies. The Cyber security Assurance plan details the annual assurance exercises that the risk function performs for reporting to the risk Committee of management and the board. This involves new security solutions implementations basis the risk posture and enhancement of the testing and red team exercises frameworks.
Solutions against Advanced persistent threat (APT) and Distributed Denial of Service (DDoS) have been implemented at the organization apart from the SOC. These along with the SIEM solution provide the right orchestration for understanding of the security incidents.