Information security management systems (ISMS) assist in protecting the information of your company by providing both technical safeguards and policies that set guidelines for employees handling sensitive data. This includes implementing best practices in cybersecurity as well as conducting training sessions on infosec and promoting a culture of responsibility for data security.
An ISMS also provides a framework that could be tailored to your company’s requirements and the regulations of your industry and also be certified and audited for compliance. ISO 27001 may be the most popular ISMS standard but other standards, such as NIST for federal agencies, may be more suitable to your company’s needs.
Who is responsible for Information Security?
Instead of being an IT-only initiative, ISMS involves a wide variety of departments and staff which include the C-suite sales and marketing, and customer service. This ensures that everyone is on the same page when it comes to regards to information security, and that all the procedures are followed.
Creating an ISMS requires an extensive risk assessment, which is best conducted with an effective risk management tool like vsRisk. It lets you quickly complete assessments, lay out the results for easy analysis and prioritization and maintain them each year. An ISMS will also help in reducing costs because it lets you identify the most risky assets. This will prevent you from investing in defence technologies in a scattering manner and reduces downtime caused by cybersecurity incidents. This results in lower OPEX and CAPEX.
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