What Is an Information Security Management System?

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An information security management system (ISMS) assists in protecting the data of your organization by providing both technological security measures and policies that establish guidelines for employees handling sensitive data. This includes implementing best practices for cybersecurity as well as conducting training sessions on infosec, and encouraging a culture of accountability for data security.

ISMSs can also be audited to ensure compliance and then certified. They are designed to meet the requirements of your business and the industry regulations. ISO 27001 is the best-known standard for ISMS however there are others that may be more suitable for your particular industry and business for example, the NIST framework for federal agencies.

Who is responsible for Information Security?

As opposed to being a solely IT-based initiative, ISMS involves a wide variety of departments and staff that include the C-suite, human resources, marketing and sales, and customer service. This ensures that everyone is on the same page in regards to information security, and that all protocols are adhered to.

An ISMS requires an extensive risk assessment. This is best completed with a tool such as vsRisk. It allows you to complete assessments quickly and present the results to easy prioritization and analysis, and maintain consistency each year. An ISMS can also aid in reducing expenses because it lets you prioritize the assets with the highest risk. This helps you avoid spending on defense technologies in a haphazard manner and also reduces the time it takes to shut down due to cybersecurity-related incidents. This means lower OPEX and CAPEX.

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