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What is an Information Security Management System (ISMS)?

An Information Security Management System or ISMS is a comprehensive system that helps to manage the security of your organisation’s information. ISMS acts as the basis for developing a governance system that describes how an organisation can establish and maintain systematic internal control in the area of information security.

An effective ISMS will define security frameworks like NIST CSF, CCM and Risk Frameworks like ISO31000, which act as a platform for security within your organisation.

The leadership team and senior management play a vital role in developing and implementing ISMS. Our article ISMS- Information Security for top leaders talks in detail about the roles and responsibilities of the leadership team in developing and implementing ISMS.

What are the benefits of ISMS?

An ISMS is a well-structured system to protect information security. ISO 27001 framework act as a core component of an ISMS. An effective ISMS will document the specifics of procedures, processes and systems. This will include IT infrastructures such as document management systems and other associated platforms.

  • An ISMS helps protect all forms of information, including digital, paper-based, intellectual property, company secrets, data on devices and in the Cloud, hard copies and personal information. ISMS provides a holistic approach to the security of information.
  • An ISMS brings security practices, solutions, technology and people to one centralised place. The centralised approach to security practices will significantly increase your organisation’s resilience to cyber-attacks.
  • With the risk assessment and analysis approach of an ISMS, organisations can reduce costs spent on indiscriminately adding layers of defensive technology that might not work.

What makes an effective ISMS?

Here are Top 5 elements of an effective ISMS:

1) ISMS Team: Creating or upgrading an ISMS can be a complex, challenging process. To build a strong ISMS, a technical and motivated team is required. 

2) Inclusive: An effective ISMS must include all components of an organisation- Process, Technology and People. An effective ISMS goes beyond your organisation, including your supply chain. Your suppliers probably hold or handle valuable information on your behalf, so you need to make sure they comply with it too.

3) Platform: Sadly, more than 90% of organisations are still using the spreadsheet to manage their ISMS. Considering the complexity of systems, solutions and organisational structure, an ISMS system is a critical component for the success of an ISMS. Consider using our solution SIMPLE GRC for developing and maintaining an ISMS.

4) Communication: Your organisation needs to actively engage with ISMS, therefore everyone needs to know about it, understand why it’s so important and have a clear sense of their infosec responsibilities.

Cybersecurity is what we do

Rabbon is a Cybersecurity company based with offices in Sydney and Melbourne. We lead a team of Cybersecurity Consultants and GRC Consultants, who help organisations become cyber resilient by providing access to effective and affordable cybersecurity services. We believe that “Cybersecurity is for everyone

You can contact our Cybersecurity Consultants for an obligation free consultation.

Phone : +61 2 80513207

Email: [email protected]

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