Information security compliance can be a burden on enterprises, but ignoring it is not an option unless you want to pay the price. A well-placed policy could cover various ends of the business, keeping information/data and other important documents safe from a breach. A thorough and practical Information Security Policy is essential to a business, its importance is only growing with the growing size of a business and the impending security threats. Next read this Benefiting from security policy templates without financial and reputational risks. An information security strategic plan can position an organization to mitigate, transfer, accept or avoid information risk related to people, processes and technologies. Policies are the foundation for your security and compliance program so make sure they are done right the first time, you may not get a second chance. IT Security policies and procedures are necessary and often required for organizations to have in place to comply with various Federal, State, and Industry regulations (PCI Compliance, HIPAA Compliance, etc.) Creating an effective security policy and taking steps to ensure compliance is a critical step to prevent and mitigate security … In Information Security Risk Assessment Toolkit, 2013. The study found that 25 percent of the surveyed organizations had no plans to support BYOD, didn’t offer BYOD, or had tried BYOD but abandoned it. See part 2 of this series. An updated and current security policy ensures that sensitive information can only be accessed by authorized users. A 2016 study by Blancco (paywall) – “BYOD and Mobile Security” – surveyed over 800 cyber security professionals who were part of the Information Security Community on LinkedIn. Third-party, fourth-party risk and vendor risk … Data management that includes security policies, training and awareness programs, technology maintenance, and regular systems and response testing is required. You may be tempted to say that third-party vendors are not included as part of your information security policy. This may not be a great idea. Without proper access management, security risks are high, and it is easy lose track of who has access to what, easily leading to a security breach. For all the talk about technology, many IT professionals feel security comes down to one unavoidable factor – the end user. In the 2015 State of the Endpoint study by Ponemon Institute, researchers found that 78 percent of the 703 people surveyed consider negligent or careless employees who do not follow security policies to be the biggest threat to endpoint security. Information Security Risk Assessment Toolkit details a methodology that adopts the best parts of some established frameworks and teaches you how to use the information that is available (or not) to pull together an IT Security Risk Assessment that will allow you to identify High Risk areas. The Importance of an Information Security Policy. Define who the information security policy applies to and who it does not apply to. The scary part is that many organizations often have minimal access management structures in place or they believe they are managing their access rights correctly, when they may actually not be. Systems and response testing is required third-party, fourth-party risk and vendor risk … information. Your information security policy ensures that sensitive information can only be risk of not having information security policy by authorized users that third-party are. 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