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An information security management system (ISMS) can help protect your organisation’s data by providing both technological security measures and policies that establish guidelines for employees handling sensitive data. This includes implementing cybersecurity practices and conducting information security training sessions and promoting a culture that takes responsibility for protecting data.

An ISMS also provides a framework that can be adapted to your particular organisation’s needs and industry regulations, as well as being certified and audited for compliance. ISO 27001 is the best-known standard for ISMS however there are other standards that could be more suitable for your industry and business, such as the NIST framework for federal agencies.

Who is responsible for Information Security?

Instead of being a solely IT-based initiative, ISMS involves a wide variety of departments and staff, including the C-suite, human resources, marketing and sales, as well as customer service. This ensures that everyone is familiar in regards to security of information and the necessary protocols are followed.

An ISMS requires a thorough risk assessment. This is best accomplished by using a software like vsRisk. This tool allows users to complete assessments in a short time and present the results for simple analysis and prioritization and ensure consistency every year. An ISMS can also help reduce costs as it lets you identify the most risky assets. This prevents you from spending in a random manner on defence technology, and it reduces downtime caused by cybersecurity incidents. This translates into lower OPEX and CAPEX.