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ISO 17799
Another hit from my Google search on information archiving:
http://www.outsourcingstrategy.org/india/ (5 November 2005)
"Offshoring and the ISO 17799 Imperative
"When organizations allow outsourcers or other third parties - whether local or offshore - to handle customers' information, they will increasingly demand evidence that this data is protected while offsite. One way to ensure good practices for security is to use service providers certified to the BS7799 British security standard - or its international equivalent ISO 17799 - ...."
Note that ISO 17799 is to be renamed to ISO 27002. This is scheduled for April 2007: but don't hold your breath!
The ISO 17799 Directory you refer to above is therefore being transferred to The ISO 27002 and ISO 27001 Directory.
This is part of an overall ISO strategy to bring all security standards under the ISO 27000 umberella.
....for Indian companies.
As the outsourcing market matures, client companies will increasingly be looking for high value-add, rather than just low cost. In some situations, a company with ISO 17799 accreditation is likely to get the work in preference to one which does not.
Food for thought.....
Patrick