What is an information security plan?
Information Security Plan: Definition
An information security plan is written documentation that contains the strategies and procedures of an entity in protecting the information they have. Most especially with highly sensitive and confidential data. Data could be by the entity itself, or of its respective users and third parties.
The development of this plan further helps an entity develop defenses against information security threats. In addition, it builds an entity’s resilience and agility in the occurrence of attacks.
Moreover, this plan should be governed by the three major principles of information security. That is the CIA triad of the ISO 27000 series. Namely, confidentiality, integrity, and availability.
The Importance Of Having An Information Security Plan
Aside from the mentioned objectives and benefits of developing an information security plan, below enumerates more reasons why.
- SEC (Securities and Exchange Commission) does have its regulations regarding security. Not to mention other state laws such as the GDPR and CCPA. Thus, having a plan helps an entity be compliant with the laws.
- Having a detailed plan increases trust in third-party relationships.
- The need is ever more needed because of the increase in cybersecurity threats in place.
- It builds a solid trust in users or clients. It is significant in making them feel at ease developing connections with you.
- Emphasizes high regard for safety to the entity’s employees. Thus, fosters them to play their part and be more security conscious.
How To Develop An Information Security Plan?
Although there are differences between information security plans among entities. But there are practical steps to help you design yours.
Here are three steps to help you get started.
- Conduct a Regulatory Review
- Be specific with Governance, Oversight, and Responsibilities
- Do an inventory with your assets
Let’s take each one into detail.
1. Conduct a Regulatory Review
A regulatory review is a practice used by Congress and the president. During the process, they review the existing rules and regulations set by the federal agencies.
In like manner, an entity should be aware of existing laws and regulatory standards. Especially of those affecting the company’s information security state.
Thereafter, they can adapt their plan accordingly.
2. Be specific with Governance, Oversight, and Responsibilities
During this phase, you can set up a team of responsible individuals. The objective of this team is to monitor the entity’s performance with regard to information security. It oversees if the entity is still going through the plan, for instance.
This team can be called either way:
- CIRT (Computer Information Response Team)
- CISRT (Computer Information Security Response Team)
Nonetheless, everyone should be aware that each should play their part.
3. Do an inventory with your assets
A crucial part of a successful plan is knowing first what you have.
The inventory should range from your software, hardware, and other existing assets you do have. In addition, existing protection policies and controls should also be reviewed.
A clear overview of your assets can better help you develop your plan according to your entity’s needs.
