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Anjay Agarwal - Founder, Chairman and Managing Director - AAA Technologies
As digital connectivity expands globally, the risks associated with information security have intensified, making robust IT security more critical than ever. As more and more organisations rely on digital infrastructure, the risks associated with cyber threats have escalated. Organisations must implement comprehensive security measures, from vulnerability assessments to breach planning and control systems. In response to these challenges, IT audits have become essential for rigorously evaluating the security and efficiency of information systems.
To address these challenges head-on, Mr Anjay Agarwal, a visionary in the field of information security, founded AAA Technologies. He aimed to revolutionise IT auditing in India by providing innovative solutions that protect organisational assets, ensure data integrity, and support businesses in achieving their objectives. Today, AAA Technologies stands as a leader in the industry, offering indispensable expertise in a world where securing digital infrastructure is crucial to success.
Mr Anjay Agarwal, the Founder, Chairman, and Managing Director of AAA Technologies, is a distinguished figure in the field of information security, with over 20 years of experience serving national and international communities. With an impressive array of 25 qualifications and certifications, including CGEIT (USA), CRISC (USA), CISA (USA), CIA (USA), CFE (USA), ABCI (UK), FCA, ACS, and ACMA, he has specialised expertise in various domains. Notably, he is the 55th individual worldwide to earn the COBIT Certified Assessor designation.
Mr Agarwal has been actively involved with numerous government and professional bodies throughout his career. He has served in various capacities, including as a jury member for the Maharashtra IT Awards conferred by the State of Maharashtra. His extensive involvement with ISACA (USA) includes serving as the first person from Asia to chair the Governmental and Regulatory Agencies Board (GRA Board) at ISACA International. His roles with ISACA have spanned numerous committees and boards, including terms as President of the ISACA Mumbai Chapter and membership on the Academic Relations Committee and the Audit Committee of ISACA, USA.
Mr Agarwal has also contributed to the Information Technology Committee of the Institute of Chartered Accountants of India and has been a jury member for the Maharashtra IT Awards for several years. Over his career, he has been involved in over 10,000 information security and cybersecurity assignments, reflecting his extensive expertise and commitment to the industry.
AAA Technologies, founded on October 3 2000, is a premier independent auditing and consulting firm specialising in IS Audit, Information Security, IT Assurance and Compliance, IT Governance, and Cyber Security. The company was established during a time when computerisation was rapidly evolving, presenting new opportunities and risks. Reflecting on the early days, Mr Agarwal, the founder and Chairman, shares,
“Back then, we saw the need to check computer controls as organisations started relying on computers. Recognising the growing need for robust computer controls as organisations shifted from traditional audits, AAA Technologies became one of the pioneers in the field.”
Explaining the inspiration behind the company’s name, Mr Agarwal shares, “It’s important to share that ‘AAA’ is not based on my name. We chose it because it symbolises our commitment to providing ‘Accurate, Reliable, and Innovative Services’ to our clients, always benchmarking ourselves to the highest standards.”
AAA Technologies’ mission is to protect the nation’s digital assets and ensure a secure cyberspace by providing accurate, reliable, and innovative services. As the first and only company dedicated entirely to Cyber Security Auditing and Consulting Services to be listed on both the NSE and BSE in India, the firm has set a high benchmark for the industry.
Despite economic challenges, the cyber security industry has seen a significant increase in investment due to heightened awareness, initiatives like Digital India, and strict regulatory requirements. Mr Agarwal notes, “There is a greater push and investment in Cyber Security. This surge is driven by increased awareness and stringent regulations, making the environment for cyber security favourable.”
AAA Technologies has positioned itself uniquely in this evolving landscape through a series of strategic differentiators. As the first company in India to specialise exclusively in Information Security and Cyber Security Auditing and Consulting Services and to be listed on both the NSE and BSE, AAA Technologies has established itself as a leader in the field. The company has focused on its core strengths—IS Audit, Information Security, and IT Governance—for over 23 years, which has allowed them to develop unmatched expertise.
“We are not into products; we focus solely on providing the best auditing and consulting services,” says Mr. Agarwal. This dedication has earned AAA Technologies empanelment with multiple regulatory bodies, including CERT-In, CCA, and RBI, as well as numerous awards and recognitions from the government and other prominent organisations.
To ensure high standards of quality and customer satisfaction, AAA Technologies adheres to strict protocols and is certified under ISO 9001:2005 and ISO 27001:2022. Clients trust AAA Technologies with their most sensitive data, knowing that the company provides cost-effective and practical solutions tailored to meet business objectives. With vast experience across nearly all sectors, the firm has built a strong knowledge base through years of global auditing, assessment, and consultancy services. AAA Technologies prides itself on offering services that are accurate, reliable, and innovative, ensuring complete client satisfaction and value addition in every project.
At AAA Technologies, the company culture is built on a foundation of good governance, honesty, and ethical practices. Mr Agarwal emphasises that these values are integral to the organisation, stating, “We prioritise strong ethical standards and integrity in everything we do.” This approach extends to talent acquisition and retention, where the company treats employees like family. “We believe our organisation is a family,” Mr Agarwal says. “Our team members have direct access to top management and can discuss any personal or professional issues freely. We provide flexibility in leave and work timings while maintaining high standards for quality and accountability.” This balance helps foster a supportive and productive work environment, ensuring that employees feel valued and motivated to achieve the company’s goals.
Mr Agarwal reflects on success with a grounded perspective. “Success is a relative term. We do not work solely for success. We believe in doing good work with honesty, and success will surely follow,” he explains. “One should dream big but also be satisfied with the outcome—that is what success truly means.”
Since its establishment on October 3, 2000, AAA Technologies has marked a series of significant milestones:
2000: Incorporated as a private limited company.
2003: Secured first major client in banking and broking.
2005: Empaneled with CERT-In.
2006: Audited internet banking for a major public sector bank.
2008: Secured a major contract with the Government of India.
2009: Achieved ISO 9001 and 27001 Certification; Empaneled with the Controller of Certifying Authorities; Renewed empanelment with CERT-In; Received Maharashtra IT Awards from the State Government in the field of security.
2010: Formed the Information Security Policy for a regulatory agency in India.
2011: Secured a major contract in the oil and petroleum sector.
2012: Renewed empanelment with CERT-In.
2013: Empaneled with the largest public sector bank in India; Major client for toll system security audit; Audited 200+ websites for the state government.
2014: Audited one of the largest municipal corporations in India; Secured a niche project for the largest public sector bank in India.
2016: Audited a regulatory agency in India; Renewed empanelment with CERT-In and the Controller of Certifying Authorities.
2017: Awarded ‘Company of the Year’ in IS Audit and Cyber Security by CEO Magazine; Named one of the ’20 Most Promising Cyber Security Solution Providers’ by CIO Review; Recognised as one of the ’50 Best Indian Founded Companies’.
2018: Awarded ‘Company of the Year’ in IS Audit and Cyber Security by The CEO Magazine; Empaneled with NICSI and a major insurance company in India; Secured a single order worth over 4 crores.
2019: Renewed empanelment with the Controller of Certifying Authorities; Audited one of the largest upcoming banks in India; Opened a branch office in Delhi.
2020: Renewed ISO 9001:2015 Certification; Empaneled with the State Bank of India and other major banks; Conducted an initial public offering (Sept 2020); Listed on NSE Emerge (Oct 2020); Renewed empanelment with CERT-In and several banks; Awarded’ Company of the Year’ in IS Audit and Cyber Security by CEO Magazine; Featured in Forbes India.
2021: Empaneled with Union Bank of India and Canara Bank; Conducted a special audit for a private sector bank from a regulatory agency; Empaneled with state-level organisations such as CHIPS, HARTRON, and BELTRON; Awarded’ Pride of Bharat’ and ‘Business Leader of the Year’.
2022: Listed on the Main Board of NSE and BSE.
2023: Received a Certificate of Appreciation for honouring GST taxpayers for the financial year 2022-2023.
2024: Audited prominent data centres in India; Migrated from ISO 27001:2013 to 27001:2022; Received a Certificate of Appreciation for honouring GST taxpayers for the financial year 2023-2024.
Advising aspiring entrepreneurs and professionals Mr Agarwal says, “Always uphold ethics, honesty, and transparency. It’s crucial to maintain a long-term vision and stay committed to these values.”
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