Security in the Business Environment

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The business world is increasingly reliant on technology to supply information and communications facilities to staff, partners, and customers. Securing organizational information and the systems that are used to manage and transmit data has become a high profile function. Failure to secure information can have a severe impact on business credibility.

Threats to an organization come in a variety of forms, for example from hacking, viruses, and simple human error. The types of threats change constantly, so management must sponsor, design, and implement business and technical processes to safeguard critical business assets. To create a more secure business environment the organization must:

• Assess business exposure and identify which assets to secure.

• Identify ways to reduce risk to an acceptable level.

• Design a plan for mitigating security risks.

• Monitor the efficiency of security mechanisms.

• Re-evaluate effectiveness and security requirements regularly.

All of these activities must be coordinated within a well-defined strategy. An organization can manage risk to an acceptable level by developing security policies and making staff and commercial partners aware of their responsibilities within them. Security can also contribute to an organization's bottom line, because customers value the reliability of a supplier.

This Security Management service management function (SMF) guides organization leaders and senior managers through issues that they should consider when developing an effective security policy and implementing it through a security program. The SMF discusses the individual and team security roles and their interrelationship with operational functions. The SMF also reviews tactics a...

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...eptable level. When a risk is identified, the organization must assess its potential impact, prioritize its importance, identify the options for managing the risk, and assess the business value of introducing a mitigating control. Specifically, controls are security tools, programs, policies, restrictions, and other methods used to mitigate identified risks.

Examples of controls include such elements as:

• Documented processes and procedures to manage security incidents.

• An intrusion prevention system.

• The configuration of security options and settings for systems or applications.

A firewall is an example of an intrusion prevention system. After identifying and assessing the risk associated with unauthorized external access to an internal network, a technician can configure a firewall to segregate one portion of a network from another, allowing

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