An information security management system (ISMS) helps to safeguard your organisation’s data by providing both technological security measures and policies that establish guidelines for employees who handle sensitive data. This includes implementing best practices for cybersecurity as well as conducting training sessions on infosec and promoting a culture of responsibility for data security.
An ISMS also offers a framework which can be adapted to your particular company’s requirements and the regulations of your industry and also be verified and audited to ensure compliance. ISO 27001 may be the most well-known ISMS standard, but other standards, like NIST for federal agencies, may be more suitable for your business.
Who Manages Information Security?
ISMS is not an exclusive IT initiative. It involves a broad spectrum of departments, staff and offices, such as the C-suite, human resources and marketing and sales, as well as customer service. This ensures that everyone is on the same page in regards to security of information and that all the necessary procedures are followed.
An ISMS requires a thorough risk assessment. This is best completed with a program like vsRisk, which enables you to conduct assessments quickly and present the results to an easy analysis and prioritization, and keep the same consistency every year. An ISMS will also help in reducing costs as it allows you to prioritize the assets that are most at risk. This will prevent you from spending in a random manner on defence technology and can reduce downtime caused by cybersecurity incidents. This translates to lower OPEX and CAPEX.
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