why information security governance is needed

Why Information Security Governance Is Needed

Why information security governance is needed? You can have more awareness of this topic. If you want to understand more information, read this study.

Why Information Security Governance Is Needed?

There is a need for proper information security governance structures and procedures that can be to senior management. Also, the structures and procedures should be able to be customized and presented in a way that is easy to understand and justify.

Information security governance is to help you manage information security risks and to meet regulatory requirements. When you have a governance approach in place, it can help you reduce the costs associated with compliance failures. 

It can also help you ensure that your organization is meeting regulatory requirements and achieving compliance with information security standards.

When information security governance is not in place, it can lead to excessive costs related to non-compliance, security breaches, and lost business opportunities. In addition, there are other costs with not having a governance structure in place, such as:

A lack of effective information security management across an organization can lead to poor business decisions. This could include decisions about products and services to offer, the methods for delivering services, and how efficiently IT resources are being used.

Initiatives

There are several initiatives that you should consider when putting an information security governance structure in place. These initiatives include: 

  • Encryption
  • Mandatory access controls (MAC)
  • Data loss prevention (DLP)
  • Identity and access management (IAM)
  • Vulnerability management (VM)
  • Network access control (NAC)
  • Security information and event management (SIEM) tools
  • Security configuration assessment tools (SCATs) 

Structure

When you put an information security governance structure in place, it is important to include all of the elements that are for success. An information security governance structure can help you achieve compliance with regulatory requirements and reduce your overall risk exposure. 

The following elements should be when putting an information security governance structure in place:

Establish objectives and policies for information security. This can help you meet regulatory requirements and reduce risk. 

Develop a strategy for implementing the information security governance structure. This can include identifying resources for the implementation project, setting implementation priorities, and identifying potential implementation challenges. 

Create an implementation plan that details the tasks that need to implement the information security governance structure including policies, procedures, roles and responsibilities, and training. 

Implement the information security governance structure by performing PDCA cycles (Plan-Do-Check-Act) on the elements that are in your implementation plan. 

Ensure that there is regular communication about the results of implementing the information security governance structure with key stakeholders across your organization. This can help you gain support for the information security governance structure. 

Procedures

Procedures are effective ways to communicate the actions to be in response to various events. These events can include security breaches, policy violations, or meeting regulatory requirements. 

Procedures are also within the information security governance structure to communicate how it will be implemented, managed and monitored across your organization. 

When you develop procedures for your organization, several aspects should be considered. These aspects include: Establishing roles and responsibilities to implement the procedure. 

Conclusion

Information security governance is an effective way to comply with security regulations and reduce your risk. It also helps you ensure that all of the elements of the information security structure are in your organization. 

To be successful, your information security governance approach should be easy to understand and provide value to your organization.

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