{"id":5182,"date":"2023-02-04T08:33:54","date_gmt":"2023-02-04T08:33:54","guid":{"rendered":"https:\/\/stendard.com\/?p=5182"},"modified":"2023-09-27T03:17:45","modified_gmt":"2023-09-27T03:17:45","slug":"isms-meaning","status":"publish","type":"post","link":"https:\/\/stendard.com\/en-id\/blog\/isms-meaning\/","title":{"rendered":"What is ISMS, and how does it work?"},"content":{"rendered":"\n
Information security is an uprising concern for most organisations. According to a survey conducted by PwC, CEOs rank cyber risks as the top threat to growth (49%).<\/p>\n\n\n\n
After Covid-19 hit the world, it has impacted every industry and made ways for cybercriminals to target them efficiently. FBI has also stated that cybercrime has increased by 300% since the epidemic began.<\/p>\n\n\n\n
Just within January 2023, 104 publicly disclosed security incidents accounted for 277.6M leaked records, according to research by an IT Governance Blog, Protect Comply Thrive. Therefore an organisation needs to take note of its information security management system to protect its confidential information from potential hackers.<\/p>\n\n\n\n
Not to be mistaken as the ism noun, ISMS is the abbreviation of Information Security Management System, while the ism noun refers to a distinctive doctrine, theory, system, or practice.<\/p>\n\n\n\n
Originally published by British International Standards (BSI) Group, the BS 7799 standard was slowly revised and incorporated into ISO\/IEC 27001.<\/p>\n\n\n\n
ISMS is commonly associated with ISO 27001, an international standard for managing information security. As part of ISO 27001’s requirement, implementing an ISMS must be integrated within your organisation. ISO 27001 details the needs of a best practice ISMS and the compliance required.<\/p>\n\n\n\n
It comprises of policies, processes and methods to manage security risks systematically. An ISMS creates a framework that helps your organisation to distinguish and manage risks and threats around the organisation’s valuable assets. It safeguards your organisation against data breaches by dishonesty and protects against severe disruptions when and if they occur.<\/p>\n\n\n\n
An information security management system provides a structure of records for managing corporate data. The purpose of it is to regulate an organisation’s policies, procedures, processes, and workflow documentation.<\/p>\n\n\n\n
Your organisation should regulate your policies through Plan Do Check Act Cycle, whereby you will constantly review your approach and modify it to suit your organisation best. Keeping a file in the ISMS regarding your organisation’s policies for managing data breaches concerning various data and resources will minimise damage when an information security threat occurs.<\/p>\n\n\n\n
It is necessary for your organisation to adhere to an information security management system so as to display your effort in committing resilience to cyber-attack.<\/p>\n\n\n\n
An ISMS reduces the growing security threats, creates better business opportunities for your organisation, as well as indicates security standards to your clients that your organisation has established a proper system to protect their intangible assets.<\/p>\n\n\n\n