Trends in IT security are constantly changing but the fundamentals of a good security program for your company will always remain the same. Here is a list of the basic components of an any information security program, containing the essential and timeless elements behind any successful security program.
Information security policy for the organization
An information security policy is the cornerstone of an information security program. It should reflect the organization’s objectives for security and the agreed upon management strategy for securing information. In order to be useful in providing authority to execute the program, it must also be formally and openly agreed upon by executive management.
Asset classification and control
The task of identifying assets that need to be protected is the less glamorous aspect of information security. Without your company knowing these assets, their locations and value—deciding the amount of time, effort or money that should be spent on securing them would be nearly impossible.
Organizational security screening
Pre-employment screening can do a great deal to aid in creating a secure workforce by reducing the risks that are inherent in human interaction. For example, screening employees, defining roles and responsibilities, training employees properly and documenting the ramifications of not meeting expectations can mean the difference between hiring a trustworthy employee or a potential cybercriminal.
It’s extremely crucial to categorize types of information by value and confidentiality and as an effect decide which parties will be able to have access to it. In many cases, customer information systems or employee record systems are the easiest places to start because only a few specific systems typically own the ability to update that information. The result will make it easy to see from there who should or could have access to these records and adjust appropriately.
Complying with regulatory, contractual and statutory requirements by using technical controls, system audits and legal awareness is critical to the any successful program. The failure to adhere to information security standards is quite risky. It can result in a range of costly penalties from civil fines to prosecution in criminal court. The bottom line is that companies that refuse to comply with the rules can endure considerable financial penalties.
The importance of managing information security risks has never been more crucial. News stories appear daily about the most recent major security breaches. More importantly, many of these breaches were not uncovered for extended periods of time. By always including these timeless aspects into any information security program, your company’s cyber risk will decrease immensely.