classic | mobile
Follow us on:
Follow us on Facebook  Share via Twitter  Share via LinkedIn
 

Search...
Hi-Tech Security Solutions Business Directory


Senior executives information security survival kit
March 2006, Cyber Security

Specific information security risks for senior executives

The following examples show how senior executives can be exposed to information security risks:

* Lack of appreciation of what risks are most significant.

* Failure to mandate the right security culture and control framework and set the right security example.

* Failure to embed responsibilities for risk management into the management team.

* Failure to detect where the most critical security weaknesses exist within the organisation.

* Failure to monitor risk management investments and/or be able to measure benefits realised.

* Failure to direct risk management and be in a position to know what residual risk remains.

Questions to ask

* How is the board kept informed of information security issues? When was the last briefing made to the board on security risks and status of security improvements?

* Is the enterprise clear on its position relative to IT and security risks? Does it tend toward risk avoidance or risk taking?

* How much is being spent on information security? On what? How were the expenditures justified? What projects were undertaken to improve security last year? Have sufficient resources been allocated?

* How many staff had security training last year? How many of the management team received security training?

* How does the organisation detect security incidents? How are they escalated and what does management do about them? Is management prepared to recover from a major security incident?

* Is management confident that security is adequately addressed in the organisation? Has the organisation ever had its network security checked by a third party?

* Is management aware of the latest IT security issues and best practices?

* What is industry best practice and how does the enterprise compare?

* Are IT security issues considered when developing business and IT strategy?

* Can the entity continue to operate properly if critical information is unavailable, corrupted or lost? What would be the consequences of a security incident in terms of lost revenues, customers and investor confidence? What would be the consequences if the infrastructure became inoperable?

* Are the information assets subject to laws and regulations? What has management instituted to assure compliance with them?

* Does the information security policy address the concern of the board and management on information security ('tone at the top'), cover identified risks, establish an appropriate infrastructure to manage and control the risks, and establish appropriate monitoring and feedback procedures?

* Is there a security programme in place that covers all of the above questions? Is there clear accountability about who carries it out?

* Is management aware that serious security breaches could result in significant legal consequences for which management may be held responsible?

Action list

* Establish a security organisation and function that assists management in the development of policies and assists the enterprise in carrying them out.

* Establish responsibility, accountability and authority for all security-related functions to appropriate individuals in the organisation.

* Establish clear, pragmatic enterprise and technology continuity programmes, which are then continually tested and kept up to date.

* Conduct information security audits based on a clear process and accountabilities, with management tracking the closure of recommendations.

* Include security in job performance appraisals and apply appropriate rewards and disciplinary measures.

* Develop and introduce clear and regular reporting on the organisation's information security status to the board of directors based on the established policies and guidelines and applicable standards. Report on compliance with these policies, important weaknesses and remedial actions, and important security projects.

This material is extracted from COBIT Security Baseline. Copyright (c) 2004 IT Governance Institute (ITGI). For additional information on COBIT and ITGI, visit www.itgi.org


  Share via Twitter   Share via LinkedIn      

Further reading:

  • Email is the weak link
    July 2017, This Week's Editor's Pick, Cyber Security, Security Services & Risk Management
    Email remains any firm’s most important business tool and 43-trillion emails are sent annually The problem with email is that it was not designed to be secure.
  • Biggest threat to industrial systems
    July 2017, This Week's Editor's Pick, Cyber Security, Security Services & Risk Management, Industrial (Industry)
    The biggest threat to industrial control systems since Stuxnet is Industroyer, a sophisticated and extremely dangerous malware designed to disrupt critical industrial processes.
  • Cybersecurity for access control
    July 2017, This Week's Editor's Pick, Access Control & Identity Management, Cyber Security, Asset Management, EAS, RFID
    Farpointe provides cybersecurity vulnerability checklist for contactless cards and readers.
  • Can you survive a cyber attack?
    July 2017, ContinuitySA, Cyber Security, Security Services & Risk Management
    The Cyber Resilience Framework provides a comprehensive, flexible structure to ensure organisations can survive cyber attacks.
  • Don’t ignore the mobile threat
    July 2017, Cyber Security
    50% of all mobile and tablet devices are not protected against cybercrime and malicious threats, that equates to about 40 million entry points into corporations and company networks.
  • Data governance and the security industry
    June 2017, Technews Publishing, Cyber Security, IT infrastructure, Security Services & Risk Management
    So how does all the talk about data governance and data protection impact the security industry? Or does it?
  • Physical security is from Mars, IT is from Venus
    June 2017, Axis Communications SA, Cyber Security
    The days of separating physical and digital security are over. Today we need a collaborative approach to succeed in preventing and/or dealing with cyber attacks.
  • Card fraud stats 2016
    June 2017, This Week's Editor's Pick, Cyber Security, News, Security Services & Risk Management
    Credit card fraud increased by 13% from R331.4m in 2015 to R374.4m in 2016, with debit card fraud increasing by 3.1% for the same period.
  • Hikvision and Cisco collaborate on cybersecurity
    June 2017, Hikvision South Africa, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, Cyber Security, News
    Cisco is sharing its professional cybersecurity management experience and technologies with Hikvision, facilitating Hikvision’s globalisation process.
  • Cyber-attacks to the left, ransomware to the right
    June 2017, This Week's Editor's Pick, Cyber Security, News
    We all need to be agile and responsive to the new unknowns; here are some tips for preventing future nasties like WannaCry and Petya.
  • Trusted Platform Module explained
    May 2017, Bosch Security Systems, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, Cyber Security
    Bosch IP cameras, encoders and selected storage systems have an onboard security chip – actually a system-on-a-chip called the Trusted Platform Module – that provides functionality similar to crypto smartcards.
  • Procore Trading
    Securex 2017 preview, Cyber Security
    Procore Trading’s Intimus 9000 Degausser uses most modern APT technology to erase information from hard drives. The Intimus 9000 produces an erasing field many times stronger than those produced by the ...

 
 
         
Contact:
Technews Publishing (Pty) Ltd
1st Floor, Stabilitas House
265 Kent Ave, Randburg, 2194
South Africa
Publications by Technews
Dataweek Electronics & Communications Technology
Electronic Buyers Guide (EBG)

Hi-Tech Security Solutions
Hi-Tech Security Business Directory (HSBD)

Motion Control in Southern Africa
Motion Control Buyers’ Guide (MCBG)

South African Instrumentation & Control
South African Instrumentation & Control Buyers’ Guide (IBG)
Other
Terms & conditions of use, including privacy policy
PAIA Manual
         
    Mobile | Classic

Copyright © Technews Publishing (Pty) Ltd. All rights reserved.