importance of information security policy in a business organization

Information security policy is a set of policies issued by an organization to ensure that all information technology users within the domain of the organization or its networks comply with rules and guidelines related to the security of the information stored digitally at any point in the network or within the organization's boundaries of authority. Companies and organizations are especially vulnerable since they have a wealth of information from their employees. So it is crucial and important to all staff in an organization to have knowledge and understanding about the importance information security practice in an organization to protect the confidential data. The employees and organizations’ personnel must ensure that the organizations computer network is securely configured and actively managed against known threats. With security and privacy issues ranking among the top issues for IT executives (Luftman and Kempaiah, 2008, Luftman and McLean, 2004) and with legislation now requiring organizations to govern security policies (Volonino et al., 2004), organizations should be highly motivated to establish and maintain an effective information security policy process. In addition, taken steps to protect organizations information is a matter of maintaining privacy and will help prevent identity theft. With the advancement of technologies, cyber-attacks are renewing rapidly, and even before you know it, your organization may already be at risk again. When this basic rule of protection within companies is not followed, people outside trust circles may have access to this data and misuse it. Keywords: Information security, challenges of information security, risk management. Here are the key struggles of those who are working to protect data for organizations. So, it is difficult for that staff to protect the organizations data with proper protection. Information is critical to business success. Companies have a lot of data and information on their systems. This can include names, addresses, telephone … Physical security encouraged by ISO to be implemented in the workplace. Information could be anything like your business information, your personal information, your confidential data on your computer or mobile phone etc. Information security history begins with the history of computer security. The information security also enables the safe operation of application implemented on the organization’s Information Technology (IT) systems. Determining whether the security policy, standards, baselines, procedures, and guidelines are appropriate and effective to comply with the organization’s security objectives; Identifying whether the objectives and controls are being achieved . Address: Cyprus Headquarters New security threats are emerging every day from malware programs that can be inadvertently installed on a user’s machine, to phishing attempts that deceive employees into giving up confidential information, to viruses, worms, and strategic identity theft attempts. Establishes and maintains a documented information security management system. A data retention policy is the first step in helping protect an organization's data and avoid financial, civil, and criminal penalties that increasingly accompany poor data management practices. These policies are documents that everyone in the organization should read and sign when they come on board. Reach out with any questions. It consists of several numbers of sections that covers a large range of security issues. Information has become the most important asset that a person, organization or business needs, and its security is what makes us the best at what we do, that is why the Information Security will always be on the headlines. An Acceptable Use Policy is also one of the few documents that can physically show “due diligence” with regards to the security of your network and the protection of sensitive information and client data in the event of a breach or regulatory audit. Some of the risk factors that may go unnoticed are outdated equipment, unprotected networks, misconfigurations, and even lack of employee training. This will include information security policies that combine internal and external factors to the organization that scope to the policy, risk management and implementation process. Information can be in any form like digital or non-digital. Information policy is the set of all public laws, regulations and policies that encourage, discourage, or regulate the creation, use, storage, access, and communication and dissemination of information. Having professional indemnity cover and cyber and data risk cover as part of your business insurance policy will help to cover any costs incurred in the case of a confidentiality breach. To make your security policy truly effective, update it in response to changes in your company, new threats, conclusions drawn from previous breaches, and other changes to your security posture. Information Security Management is understood as tool of the information confidentiality, availability and integrity assurance. Information will only be safe when users and IT professionals act accordingly, putting in place the best ways to avoid future risks. For many organisations, information is their most important asset, so protecting it is crucial. The importance of a good Information System should never be underestimated within a business or a company, especially in 2015. Organizational policies serve as important forms of internal control. It provides for faster growth due to enhanced communication, on the one hand, and forces Besides protect the data, the application installed also need to be protect because it can contribute to information lost or damages. Information technology makes it possible for your online data to stay secure until accessed by the proper channels. Any business, big or small, must have a system in place to collect, process, store and share data. Its malfunction may cause adverse effects in many different areas of the company. So, by implemented the information security in an organization, it can protect the technology assets in use at the organization. Creating an effective security policy and taking steps to ensure compliance is a critical step to prevent and mitigate security breaches. Our experienced professionals will help you to customize these free IT security policy template options and make them correct for your specific business needs. This is especially important in a business environment increasingly interconnected, in which information is now exposed to a growing number and a wider variety of threats and vulnerabilities. What characterizes phishing attempts to acquire personal data, among other applications? An Acceptable Use Policy or AUP is an integral part of your information security policy. They should not taking advantages by used company facilities for their personal. Risk treatment and assessment copes with the fundamentals of security risk analysis. For many organisations, information is their most important asset, so protecting it is crucial. Network security threats may come externally from the Internet, or internally, where a surprisingly high number of … Information security, which is also known as infosec, is a process of preventing unauthorized access, counter threats, confidentiality, disruption, destruction and modification of business information. The latter part of this dilemma, communication with employees, should be easy to address. ISO (Information Organization for Standardization) is a code of information security to practice. Many people still have no idea about the importance of information security for companies. Some of the hidden goals in this practice are identity theft and banking information. One of the most classic ways is when the criminal impersonates someone trusted within the company via email, making the target easily click on infected links. It started around year 1980. This may put the confidential information in risk. What’s more, you deserve to be hacked” ― Richard Clarke. By knowing the threats that are present, they can learn to use the luxury of carefully, and not blindly accepting someone will have a solution for the problems they may face. These vulnerabilities are the result of the company’s own negligence, ie the lack of care and investment in data security. Purpose and scope. Sometimes organizations do not take seriously about hiring employees based on their qualification. It also includes the establishment and implementation of control measures and procedures to minimize risk. Reading Time: 5 minutes Many people still have no idea about the importance of information security for companies. A security breach or a power outage can cost companies a lot of money and data and potentially put their employees safety in jeopardy. Abstract: Information security is importance in any organizations such as business, records keeping, financial and so on. 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