ISMS 10 reasons why CIOs should implement ISMS

ISMS 10 reasons why CIOs should implement

ISMS – 10 reasons why — Some CIOs believe that their companies do not need a formal Information Security Management System (ISMS) because they already have security policies and procedures along with controls in place or are deploying other technologies to protect their enterprises from cyber-attacks.

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Security ManualHowever here are ten reasons CIOs should implement an ISMS in their enterprises:

  1. An ISMS includes people, processes and IT systems, acknowledging that information security is not just about software, but depends on the effectiveness of organizational infrastructure, processes, and the people who manage and follow them.
  2. An ISMS provides standard set of terms and communication methods for everyone to be educated in.
  3. An ISMS helps enterprises to coordinate all security efforts (both electronic and physical) coherently, consistently and cost-effectively.
  4. An ISMS provides enterprises with a systematic approach to managing risks and enables enterprises to make informed decisions on security investments.
  5. An ISMS can be integrated with other management system standards (e.g. ISO 22301, ISO 9001, ISO 14001, etc.) ensuring an effective approach to corporate governance.
  6. An ISMS creates better work practices that support business goals by asserting roles and processes that have to be clearly attributed and adhered to.
  7. An ISMS requires ongoing maintenance and continual improvement, which ensures that policies and procedures are kept up to date, resulting in better protection for your sensitive information.
  8. An ISMS gives enterprises credibility with staff, clients, suppliers, customers, and partner organizations, and demonstrates due diligence.
  9. An ISMS helps enterprises comply with corporate governance requirements.
  10. An ISMS can be formally assessed and certified against ISO 27001, bringing additional benefits such as demonstrable credentials, customer assurance and competitive advantage.

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.