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. A well-placed policy could cover various ends of the business, keeping information/data and other important documents safe from a breach. You may be tempted to say that third-party vendors are not included as part of your information security policy. For all the talk about technology, many IT professionals feel security comes down to one unavoidable factor – the end user. 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. Benefiting from security policy templates without financial and reputational risks. Next read this Define who the information security policy applies to and who it does not apply to. This may not be a great idea. The Importance of an Information Security Policy. IT Security policies and procedures are necessary and often required for organizations to have in place to comply with various Federal, State, and Industry regulations (PCI Compliance, HIPAA Compliance, etc.) 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. An updated and current security policy ensures that sensitive information can only be accessed by authorized users. In Information Security Risk Assessment Toolkit, 2013. An information security strategic plan can position an organization to mitigate, transfer, accept or avoid information risk related to people, processes and technologies. Data management that includes security policies, training and awareness programs, technology maintenance, and regular systems and response testing is required. Information security compliance can be a burden on enterprises, but ignoring it is not an option unless you want to pay the price. 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. 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. 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. 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