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Introduction of Governance Issues in Information Security Management

Category: Business & Management Paper Type: Report Writing Reference: APA Words: 3370

                History has witnessed the endeavors of people to make the world a better and comfortable place to live. There are various people that have been making efforts to bring this world closer, and this dream has almost come true with the help of internet technology’s advent. Internet, since its reality, has rapidly grown and still, it is growing substantially. Moreover, it is the internet that has paved the new and latest ways for businesses to attract target audience from all around the world and look beyond the existing business range (Lopes & Oliveira, 2014). Both small and medium enterprises (SMEs), as well as large enterprises, have been making a considerable amount of investment in technology and making best use of the internet to enhance their profitability and getting the attention of the worldwide customers. However, the real utopia does not exist in this world; with the help of internet’s revolutionary effects over businesses, the risk and threats also exist to the information security of the organizations (Sadok & Bednar, 2016).

        In addition, as the organizations have opted to employ the platform based on the internet so that they could reach the world, a very big amount of organizational information is being created in the digital format. “Plethora of interconnected networks” is an information system by which the digital information of organization travels across the world, this information system is prone to several kinds of cyber-attacks such as spams, viruses, malware, phishing, and Trojan's kinds of cyber terrorism. In the economically competitive business scenario of the present day, information is one of the most valuable and precious assets for businesses and if organizations fail to protect it then they may suffer huge blows to their repute and financials (turn off, 2013). This is one of the cons of the internet that has made organization suffer from loss of valuable information; this is why the businesses need to update their information security with the latest technology (Sanchez, Villafranca & Piattini, 2007). This paper aims to analyze the need for information security management for SMEs in a brief while discussing key relevant issues and problems associated with information security management implementation in SMEs.

Need for Information Security Management in SMEs

        The SMEs need to implement information security management in order to encounter the security challenges within the organizations. SMEs need to keep on changing the business techniques with the passage of time while meeting information security measures requirements. It has now become essential for the SMEs to be a pawn in worldwide technology. The SMEs security policies should be developed in a way that it could adapt to change in the technology and align it with updating organizational objectives (KOURIK, 2011). In order to make it sure that business is sustainably driving ahead with accurate security policies, the infrastructure transformation of security should be placed according to the strategic business objectives of the enterprise. Barb wired facilities, safes in banks, security guards, and locked houses, etc. aim to provide physical security to organizational assets. On the other hand, the information security management system is analogous to each security measure while being responsible to provide data security in the company’s digital domain (Disterer, 2013). There are following four major objectives of information security management system in SMEs:

Confidentiality:

information should be transferred to respective people on the need to know basis and make it sure that information does not reach to some unauthorized person.

Integrity:

information that is saved in the systems of the organization must be kept guarded against contaminated or being corrupted.

Availability:

making it sure that data is available to authorized people at the right time. Both availability and confidentiality ensure the integrity of data.

Non-repudiation: ability to prove as well as ensures the integrity and authenticity of data.

        The organization, in order to have a successful and sustainable business, needs to analyse and assess the information security management of the organization, make a sound and implementable approach in dealing with the issues regarding information security, link the objectives of their business with evolving information security needs and address the information security importance and the plan implementation. The aim of SMEs that highly rely on the information technology infrastructure is challenging the large enterprises owing to their customized solutions as well as efficiency and flexibility (Inscnetnetworks, 2016). All of the kind of business stakeholders require assurance of information security management system in the case it cause any kind of damage (SANGANI & VIJAYAKUMAR, 2012). An SME would outshine its competitors by having a well-defined and sound information security plan and strategies, and policies while being an obvious choice for its targeted customers. This is why information security helps SMEs yielding in customer satisfaction as well as having a secure and better structure of IT that will ultimately help an organization with a good repute and attract more business (Barlette & Fomin 2008).

        In addition, it is necessary to embrace information security in order to realize it in the working scenario of the day-to-day. The connection between information security and goals of enterprise is crucial and it is necessary for the SMEs to be aligned the organization’s security policies along with evolving business needs. Tough decisions, apparently, need to be made for effective information security in terms of financial impacts. Network security concerns that SMEs face is the same as faced by large enterprises. Larger enterprises that have greater finances can opt out of so many products for authentication while SMEs that have limited personnel, as well as finances, have to use Microsoft password kind of security protocols to cope with their challenges. Authorized users can get access through an effective and efficient biometric security device only through eye pupil or scanning their fingerprints. The biometric security device system removes the needs of entering user passwords each time an authorize and the authenticated person wants to get access to necessary information, enhancing productivity and providing convenience to the users (Valdevit, Mayer & Barafort, 2009).

        With the rapid growth of the expanding corporate ecosystem and networks of the virtualized business, the information is converted and created to the digital format. The various storage devices are used to storing the digitalized information. It can be easily transferred over the plethora of interconnected network for bot condition as externally and internally. Due to the rapid increase of the business activities on internal crime and security threats for the information are becoming common places. For the business world, the new challenges brought up due to the internet (Harris & Patten, 2014).

        There are various kinds of threats that are faced by the SMEs and all of these threats are related to information security. These threats include as the business competitors, hackers and even it can a foreign government that can easily employ a host of the various methods for obtaining the information from any organization. There is no effective business that can isolate by using the digitalized information for preventing from the various incidents.  The success and competitiveness of the company are linked with these organization as well as the damage to the branding of the organization. It is also linked with the right information that is delivered within the deadline. The lack of security in the information can be the cause of the biggest damage to the brand of the organization (Cohen, 2014).

        The cost refers to the significant element of the information security and the personal experiences are always needed along with the implementation, designing, and development of the effective security system. It has been required a major investment that must be invested for maintaining, building, and trustworthy, responsive and reliable security system (Chen, Han, Cao, Jiang, & Chen, 2013).

        Get smarter as a hacker, to project the network devices as well as the digital assets the need is even greater. The IT security can be expensive, and the cost of the organization far more is the significant breach.The health of the Small business can be jeopardized by the large breaches. A team of the IT security after or during incidents could follow the plan of the incident response as the tool of management risk to obtain the situation control. Most of the SMEs are facing the conditions of the tight budgeting along with the extremely limited manpower as several different needs for supply of resources in the limited form. The priorities list can be down by placing the information security list (Abbas, 2015).

        While information security does refer to various kinds of security.Information security discusses the process as well as the design of tools for the protection of the sensitive business information to the invasion, as the IT security permits the securing of the digital data, by the network security of a computer. With the confidentiality and safeguarding the information security is the charged with integrity as well as the availability of the information proceeds that is stored or transmitted by using the university electronic resources by;

Provide a comprehensive awareness as well as training of the information security

The Information Security is facilitating, by changing the management program

Related to incidents the response of computer security as well as conducting the timely investigations

To counter the threats, taking proactive measure, vulnerabilities as well as cyber-attacks. (Sadowsky & et.al, 2003)

Information security can be used to promote security, stability, as well as to threaten the same. In a positive aspect, the information security can be used to exchange the ideas along with the disseminate, and security strategies to collect the support on behalf of the security program plus peace of mission, coordinate security plans as well as operations. The information security plays a major role such as to ban land mines in an international campaign. The negative aspect is, the information security could be attacked as well as exploited in ways, which are threatening the security as well as stability (Anas Tawileh, 2007).

            Security management enterprises permit a director to oversee a arrange comprising of physical and virtual firewalls from one central area. Chairmen require organizing security administration arrangements to get a tall level of deceivability into arranging behavior,  mechanize gadget arrangement, implement worldwide arrangements, see Cornwall activity, bind reports, and give a single administration interference for physical and virtual frameworks. Arrange security administration make a difference diminish manual errands and human blunders by disentangling organization with security approach and workflow instruments through a centralized administration interface (Bhaskar & et.al, 2013). Network security administration can decrease hazard over the organize and secure information by leveraging the data on dangers, arrange vulnerabilities and their criticality, assessing potential alternatives to piece an assault, and giving insights for choice. Organize security administration is developing more complex by the day. Dangers to arrange security proceeds to advance. Compliance commands are giving unused challenges while patterns toward portable network and Bring Your Possess Gadgets to include more extra complexity. As systems got to be more advanced, chairpersons are saddled with less deceivability but more prominent desires for tackling issues rapidly. Unused innovation is continually being created to offer assistance moving forward arrange security administration, but choosing successful arrangements from an overabundance of organizing security items takes the kind of time and skill few in-house IT groups (Sadowsky & et.al, 2003). Arrange security has gotten to be synonymous with complex arrange engineering, authoritative bad dreams, and expanded risk introduction.  Bunch security point organizations, assorted administration supports, and complex and obsolete security arrangements spread over numerous run the show bases make compelling arrange administration and great permeability into arranging activity about the inconvenience. In the modern era, computer systems are powerless to dangers from both interior and outside the organization. As endeavor systems grow broadly and all-inclusive to incorporate Web access, intranets, extranets and e-commerce exercises (Anas Tawileh, 2007).

Benefits of Information Security for SMEs

        The information security checks the malicious threats as well as breaches of the potential security, which can contain the huge impact of the organization.In the internal network of your company when to enter, the information security helps to ensure the authorized user that can access as well as create variations for sensitive information to reside there. To ensure the confidentiality of the organization data, the information security works. (Bhaskar & et.al, 2013)

There are the following benefits;

Protection of sensitive information

Security management

Security testing

Network Security  (Inscnetnetworks, 2016)

            There are many of the issue and problems of the organizations are handled by the policies FOR Cybersecurity, for example, one of the main problems that many of the small to medium size of an organization have is the installation of malware because the malware secretly installed itself in the computer of the organization. the malware than start collecting data and files of the organization the malware can be sent by the person or from any of the server that is under the control of the attacker. After the data of the organization is stolen, it is then sold to the black market or to the other that then use the data to harm the company's business or for the other unethical use of the data (Hu, 2012). There are many of the cases about this kind of attacks against the banks for the illegal transaction of money. All of the devices of the user like the desktop, mobile, table are most vulnerable to the Cyber-attacks. The small to medium size of an enterprise should be the concern with the policies of the cybersecurity because they are normally less likely to invest in the information security of the company than the large organizations. To increase the cyber policies following in the organization the company should reward those employees who follow the policy and punish those who are not likely to follow any cybersecurity policies (Alexender, 2015).

Technology Trends and Development for information security in SMEs

From the Cyber-attack, the growing attacks are attributed to development and trends in the information technology. In the Development as well as the technology trends its reviews the trend areas like as below (Tipton, 2014 )

Ubiquity

Mobility

Hacking tools

Groundedness

Vulnerabilities

Information security

Performance

        Information security is becoming increasingly connected as well as pervasive. Information security is spreading by the world in workplaces as well as home. The connectivity, as well as automation, is growing in the leaps as well as bound, aided through the advance computing plus the telecommunication technology. The Ubiquitous is a trend that is computing the exacerbating challenges of information security (Abbas, 2015).

        It has more target, more perpetrators as well as more opportunities to exploits, sabotage system. By the information, tools there are more websites for attacking the systems as well as knowledge. Internet, as well as the Cyberspace, specifically is often viewed as the virtual world for transcends time and space. In the Cyber-attacks, all the development that exploit the vulnerabilities in the IP networks also has real-world consequences outside a necessary cost. A measure of the tailored security system is implemented to meet the goal of organizational security. With the rapid growth of the business and its environment, the threats are also increasing for all of these organization.  But to secure the information of the organization is one the most important task for any organization (Solms & Niekerk, 2013). The managers of the organization are taking strict action to overcome such kinds of threats and problems by using the new tools and techniques of information security. Security issues and dangers are a major reason for utilizing ESM over an organization. Dangers can come from inner or outside to the company. More organizations are finding that in spite of their use of Web firewalls, an indeed greater risk to corporate information is made by displeased or temporary employees. They may comprise of the misfortune of information, unauthorized administrations running on servers or the introduction of infections into the work environment.

        These are some main issues, which effects on the implementing security enterprises management implementation. The basic assets of the enterprise servers, applications, existing security point gadgets, etc. ought to be recognized and recorded. This will give the company a pattern of resources that require being tended to in the security arrangement. Will the arrangement be required to supply scope for bequest frameworks?

Conclusion on Governance Issues in Information Security Management

        Summing up the discussion about information security management, it can be said that the data or information of a company is a confidential part of the company. All the employees are required to protect it in many ways. But unfortunately, if the data or any information, secret plans of the company are leaked by some viruses, hackers, or malware, it leads to a loss of the company. That data may be used then by any other organization or any person. Hazards and unforeseen circumstances may occur in an organization. In large organizations, the ethical issue related to information security management is less likely to occur, because more of the employees in large organizations are professional and experienced people. They have to be accountable for all of the security measures they are doing in the organization. On the other hand, the SMEs are likely to spend their money on the information security that also creates ethical problems in the organization. The larger organization has a well-organized team for the Information security management and because they invest a lot in security so the ethical issue in the security is less likely to occur (Harris & Patten, 2014).

        On the other side, the IT expertise of the small to medium size of association is also extremely low so that they are not possible to recognize any of the troubles connected to the cybersecurity on time before any major harm. The large organizations have many of the IT experts in their company that make the organization conscious of any sort of the cybersecurity associated problem on time before any trouble, this was also likely to make the make a large organization more hazard-free as compare with the SMEs. Therefore, we can say that the SMEs should also focus on information security so that their data remain secure and private to the organization.

References of Governance Issues in Information Security Management

Abbas, J. (2015). INFORMATION SECURITY MANAGEMENT FOR SMALL AND MEDIUM SIZE ENTERPRISES. Sci.Int., 7(3), 2393-2398.

Alexander, D. (2015). Disaster and Emergency Planning for Preparedness, Response, and Recovery. natural hazard science, 150.

Anas Tawileh, J. H. (2007). Managing Information Security in Small and Medium Sized Enterprises: A Holistic Approach. ISSE.

Bhaskar, R., & et.al. (2013). Information Technology Security Management. Computer and Information Security Handbook (Third Edition), 35-44. doi:10.1016/B978-0-12-803843-7.00027-2

Chen, Z., Han, F., Cao, J., Jiang, X., & Chen, S. (2013). Cloud Computing-Based Forensic Analysis for Collaborative NetworkSecurity Management System. TSINGHUA SCIENCE AND TECHNOLOGY, p 4 0-5 0.

Cohen, G. (2014, January 30). Best practices for network security management. Retrieved from Best practices for network security management | Network World

Harris, M. A., & Patten, K. P. (2014). Mobile device security considerations for small- and medium-sized enterprise business mobility. Information Management & Computer Security, 22(1), 97-114.

Hu, Q. (2012). Managing Employee Compliance with Information Security Policies: The critical role of Top Management and Organizational Culture. Decision Sciences Journal, 43(4).

Inscnetnetworks. (2016, September 6). 5 Benefits Of IT Security Services That You Need To Know. Retrieved from https://www.slideshare.net/inscnetnetworks/5-benefits-of-it-security-services-that-you-need-to-know

KOURIK, J. L. (2011). For Small and Medium Size Enterprises (SME) Deliberating Cloud.

Lopes, I., & Oliveira, P. (2014). Understanding Information Security Culture: A Survey in Small and Medium Sized Enterprises.

Sadowsky, G., & et.al. (2003). INFORMATION technology security Handbook. Washington, DC 20433. Retrieved from https://www.infodev.org/infodev-files/resource/InfodevDocuments_18.pdf

SANGHANI, N. K., & VIJAYAKUMAR, B. (2012). Cyber Security Scenarios and Control for Small and Medium Enterprises. Informatica Economică, 16(2).

Solms, R. v., & Niekerk, J. v. (2013). From information security to cybersecurity. computer and security, 97-102.

Tipton, H. F. (2014 ). Information Security Management Handbook, Fourth Edition, London, New York, Washington: CRC Press.

turnoff, m. (2013). Multiple perspectives on planning for emergencies: An introduction to the special issue on planning and foresight for emergency preparedness and management. science direct, 1657-1656.

 

 

 

 

 

 

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