Information security management systems (ISMS) assist in protecting the personal data of your business by ensuring both security measures and policies that provide guidelines for employees handling sensitive data. This includes implementing best practices in cybersecurity and conducting infosec-related training sessions and promoting a sense of accountability for data security.
ISMSs are also audited for compliance and certified. They can be adapted to the requirements of your company and the regulations of your industry. ISO 27001 may be the most popular ISMS standard but other standards, such as NIST for federal agencies, might be more suitable to your business.
Who manages Information Security?
ISMS is not a solely IT initiative. It involves a broad range of departments, staff, and offices, including the C-suite, human resources and marketing and sales as well, and customer service. This ensures that everyone is on the same page in regards to the security of information and that all the procedures are followed.
An ISMS requires a thorough risk assessment. This is best completed by using a software like vsRisk, which allows you to complete assessments quickly, present the results for an easy analysis and prioritization, and ensure consistency year after year. An ISMS can also help you reduce expenses because it lets you identify the most risky assets. This stops you from spending in a random manner on defence technology and also reduces the time it takes to shut down caused by cybersecurity incidents. This means lower OPEX, and CAPEX.
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