Benefiting from security policy templates without financial and reputational risks. You may be tempted to say that third-party vendors are not included as part of your information security policy. The Importance of an Information Security Policy. A well-placed policy could cover various ends of the business, keeping information/data and other important documents safe from a breach. 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. Third-party, fourth-party risk and vendor risk … 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. An information security strategic plan can position an organization to mitigate, transfer, accept or avoid information risk related to people, processes and technologies. For all the talk about technology, many IT professionals feel security comes down to one unavoidable factor – the end user. 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. See part 2 of this series. Define who the information security policy applies to and who it does not apply to. Creating an effective security policy and taking steps to ensure compliance is a critical step to prevent and mitigate security … 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. Next read this 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. 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. This may not be a great idea. Information security compliance can be a burden on enterprises, but ignoring it is not an option unless you want to pay the price. 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. In Information Security Risk Assessment Toolkit, 2013. 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. 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