Introduction
Information security governance is the process of setting policies, standards, and procedures for managing information security. It’s also known as information risk management or enterprise risk management. This guide will help you understand what it means to have good information security governance and how to achieve it in your organization.
What is Information Security Governance?
Information Security Governance is the process by which an organization establishes, implements, and monitors policies and procedures to protect its information assets.
This includes:
- Policies – These are defined in writing and approved by a senior management team. They define what constitutes acceptable behavior for employees within the organization.
- Processes – These are defined in writing and approved by a senior management team or board of directors. They describe how decisions will be made regarding threats against your network or intellectual property (IP).
- Procedures – These describe how you will respond to threats against your network or IP
Information Security Governance Objectives
Information Security Governance Objectives are aligned with the organization’s overall business strategy and objectives. They should be measurable, achievable and clearly set at a high level to ensure that all stakeholder groups understand them.
Information Security Governance Roles and Responsibilities
- The President or CEO of the company is responsible for setting policies and ensuring they are followed. He/she can also make changes to those policies if he/she feels they are no longer effective.
- The Chief Information Security Officer (CISO) is responsible for overseeing the day-to-day operations of information security within an organization, including planning, monitoring, reporting & analysis, as well as implementing new technology solutions into existing infrastructure while keeping up-to-date with evolving threats across industries like healthcare or financial services where malware may be used by criminals looking to steal personal data from large corporations such as Wells Fargo Bank which offers online banking services through mobile phones using apps like PayPal but also includes more traditional methods such as ATM machines located in stores across America where customers can withdraw their own money at any time without having access
Board and Senior management responsibilities
The board and senior management are responsible for ensuring the company’s cybersecurity strategy is implemented, executed, and maintained. This includes setting out a plan to protect against threats, ensuring it is aligned with the business goals and objectives, measuring progress, and adjusting as needed based on new information.
The board’s responsibilities include:
- Ensuring that everyone in your organization understands how they should behave when it comes to privacy and data protection issues;
- Setting an overall tone of respectfulness toward privacy within your organization;
- Ensuring that all employees know what kind of information you collect about them;
- Reviewing any new policies or procedures regularly, so they remain current;
Conclusion
In conclusion, information security governance is about establishing procedures and processes for managing an organization’s information security.
It aims to ensure that adequate controls are in place to help protect the organization against loss or damage caused by cyberattacks.
The objective of this article was to outline the key components of Information Security Governance and its key objectives.
Leave a Reply