Information Security Management (ISM)

Information security management refers to the collection of rules and procedures that business and IT organizations use to protect their information assets from threats and weaknesses. An information security management system, or ISMS, is a formal, documented procedure that many firms create for managing information security.

Informational Assets Include:

Take into account whether your company has and would wish to preserve any of the following information assets:

• Strategic Documentation
• Products/Service Information
• Intellectual Property/Patent
• Proprietary Knowledge/Trade Secrets
• Ongoing Project Documentation
• Employee Data

Information security management has three goals:

At the corporate level, information security is focused on the triad of:

• Confidentiality: Privacy and confidentiality are essentially the same things when it comes to infosec. Making sure that only individuals with the proper authorization can see or alter data is essential to maintaining its confidentiality.
• Integrity:  Information security management addresses data integrity by putting in place rules that guarantee the accuracy and consistency of stored data throughout every phase of its existence.
• Availability: Information security management addresses data accessibility by putting in place policies and practices that guarantee crucial data is accessible to authorized users when required.

Standards for information security management and compliance

Information security management is frequently a compliance requirement rather than just a recommendation. For instance, an ISMS must be implemented by any organization seeking certification to ISO 27001, the international standard that outlines best practices for information security. Likewise, organizations governed by the PCI DSS (Payment Card Industry Data Security Standard) and the HIPAA regulations in the US must have an ISMS (Health Insurance Portability and Accountability Act). Furthermore, even though the GDPR does not explicitly call for organizations to implement an ISMS, doing so aids in compliance. This calls for the adoption of "adequate technical and organizational measures" to safeguard sensitive data. To help you implement this system and train employees, check our ISM training courses