July 1, 2022

The Importance of Information Security in Organizations

Organizations and businesses have been discussing information security for years now. The reality, though, is that few organizations are truly fully committed to the topic. Part of the problem has to do with the fact that many businesses don’t really understand it and haven’t put the time and money into creating an information security management plan. Information security management (ISM) focuses on the proactive and creative application of information security disciplines to the day-to-day operations of an organization. It is also concerned with the policies and procedures that managers and/or employees must routinely execute to ensure that an organization is effectively protecting the integrity, availability, and confidentiality of its resources. The ultimate aim, of course, is to prevent external threats from impacting internal processes and resources.

There are two main elements of information security management: policies and controls. Policies dictate the methods and procedures that must be implemented in order to mitigate or prevent the threats or vulnerabilities that an organization faces. Controls, meanwhile, refer to the systems, equipment, and processes that are employed to mitigate and prevent external threats. Both policies and controls are necessary for a robust and viable information security management program. This division of responsibility ensures that all parts of the organization are involved and

that comprehensive resolutions can be put in place if and when threats do occur.

A key factor that must be addressed in an information security management system is risk management. Organizations need to identify and quantify risks so that they can develop preventive measures and address them appropriately. By doing so, they can improve the effectiveness of their overall response to security threats. For instance, a policy that requires organizations to mitigate against attacks on a particular network segment by having an IT professional go through a formal training program can only be effective if it is followed in full and thoroughly.

Another important element in an information security management system is inventory control and management. This refers to the prevention of the loss of information assets. Some of these information assets are sensitive: they contain information about the way in which companies do business, and these assets should be protected at all times. Other information assets are less sensitive, but still may cause major loss to organizations if they are compromised.

It is very common for organizations to store confidential data in a server, a computer, or some other offline storage medium. The problem is that not all information stored outside the organization is secure. Some data is sensitive and should not be given over to outsiders, especially when the recipient does not have the ability to maintain it, restore it, or use it in any other way. This is where an information security management system comes in.

Organizations should implement information security management systems that include physical and logical protections. Physical protection would include measures such as firewalls, access control, identity management, and physical backups. Logical protection would include the installation of data deduplication software and application security programs that detect and prevent hacking attempts. This is usually done with the help of IT professionals from third-party infosec companies.

One of the biggest threats to today’s business environment comes from outside sources: hackers and cyber criminals who obtain company or employee information. Most information security management systems have preventive measures in place. For example, if an employee types in a password, the system will automatically check the password to see whether it matches any of the passwords that are in its database. If it finds a match, the system alerts the employee that there is a potential security breach. In order to protect against data breaches, organizations should regularly test their systems for vulnerability and make sure that the appropriate

safeguards are in place.

It is important for organizations to manage their information security. This includes having an information security management system (ISMS) in place so that infosec professionals and other personnel understand the risks to the organization and how to manage them. Through a risk assessment, the organization can determine how to mitigate risk, control threats, and respond to attacks. Through a comprehensive risk assessment, organizations can ensure that they are taking all the right actions to protect themselves against external threats.