Before, we already discussed on what is security governance or information security in an organisation all about. Today let dive into what are the characteristics or attributes for effective security governance that can be implement in an institution.
The first characteristic is leaders or board members are accountable. What does it mean by accountable? Accountable means someone who have a right to justify certain actions or decisions. So the board members has the responsibility on their company security governance.
Next attribute, the board members must view the security governance as their business requirement. The company data and activities will go through information security, so they can achieve the organisation vision, mission, objective, plan and policy.
Third, all employees need to be trained as an early awareness especially the one who have access to the company digital or electronic data and activities. This attribute can minimize the cyber risk as a result of the employees can identify it early.
In addition for effective characteristics in information security, the organisation need to implement risk-based thinking. In risk-based thinking, the company will analyze, deliberate and contain the cyber risk. The company also regulate how much security governance is needed based on the risk exposure.
Lastly, the security governance need to be reviewed and audited. This must be done regularly so the whole process meet the organisation rules and regulations. The auditing also need to make sure the process did not collide with the company compliance.
What we can conclude from this blog is to achieve cyber threat free level, an organisation need to follow this attributes. The board members & employees has to team up to prevent the cyber risk from infiltrate the organisation.
Feel free to contact E-SPIN for the various governance, risk and compliance (GRC) solution, include those that assist your to implement security governance.