Information Security

Information Security

Information security (infosec) is a set of strategies for managing the processes, tools and policies necessary to prevent, detect, document and counter threats to digital and non-digital information. Infosec responsibilities include establishing a set of business processes that will protect information assets regardless of how the information is formatted or whether it is in transit, is being processed or is at rest in storage. Infosec programs are built around the core objectives of the CIA triad: maintaining the confidentiality, integrity and availability of IT systems and business data. These objectives ensure that sensitive information is only disclosed to authorized parties (confidentiality), prevent unauthorized modification of data (integrity) and guarantee the data can be accessed by authorized parties when requested (availability).

Many large enterprises employ a dedicated security group to implement and maintain the organization's infosec program. Typically, this group is led by a chief information security officer. The security group is generally responsible for conducting risk management, a process through which vulnerabilities and threats to information assets are continuously assessed, and the appropriate protective controls are decided on and applied. The value of an organization lies within its information -- its security is critical for business operations, as well as retaining credibility and earning the trust of clients. Threats to sensitive and private information come in many different forms, such as malware and phishing attacks, identity theft and ransomware. To deter attackers and mitigate vulnerabilities at various points, multiple security controls are implemented and coordinated as part of a layered defense in depth strategy. This should minimize the impact of an attack. To be prepared for a security breach, security groups should have an incident response plan (IRP) in place. This should allow them to contain and limit the damage, remove the cause and apply updated defense controls.

Information security processes and policies typically involve physical and digital security measures to protect data from unauthorized access, use, replication or destruction. These measures can include mantraps, encryption key management, network intrusion detection systems, password policies and regulatory compliance. A security audit may be conducted to evaluate the organization's ability to maintain secure systems against a set of established criteria. Jobs within the information security field vary in their titles, but some common designations include IT chief security officer (CSO), chief information security officer (CISO), security engineer, information security analyst, security systems administrator and IT security consultant. Information security centers around risk management — estimating and measuring risks, defining risk avoidance strategies, controlling and mitigating risks, and reporting on risks. At the end of the risk management cycle is one critical step: monitoring security (hence, monitoring risk). Security monitoring entails examining all of an organization’s risk controls, mitigations and policies and answering one key question: Is it collectively effective at managing risk? Over time, the information security industry has been wrenched back and forth by legislative interest in compliance. Together, the Sarbanes–Oxley Act (SOX) of 2002 and, to a lesser extent, the Health Insurance Portability and Accountability Act (HIPAA) of 1996 have completely reshaped information security monitoring.

Information security processes and policies typically involve physical and digital security measures to protect data from unauthorized access, use, replication or destruction. These measures can include mantraps, encryption key management, network intrusion detection systems, password policies and regulatory compliance. A security audit may be conducted to evaluate the organization's ability to maintain secure systems against a set of established criteria. Jobs within the information security field vary in their titles, but some common designations include IT chief security officer (CSO), chief information security officer (CISO), security engineer, information security analyst, security systems administrator and IT security consultant. Information security centers around risk management — estimating and measuring risks, defining risk avoidance strategies, controlling and mitigating risks, and reporting on risks. At the end of the risk management cycle is one critical step: monitoring security (hence, monitoring risk). Security monitoring entails examining all of an organization’s risk controls, mitigations and policies and answering one key question: Is it collectively effective at managing risk? Over time, the information security industry has been wrenched back and forth by legislative interest in compliance. Together, the Sarbanes–Oxley Act (SOX) of 2002 and, to a lesser extent, the Health Insurance Portability and Accountability Act (HIPAA) of 1996 have completely reshaped information security monitoring.

How a company should figure out onset of digital disruption:

This is much easier said than done. We can help companies in this regards. Our erudite digital disruption consultants will churn through business data in order to extract signals, sometime faint being submerged in noise. We will work with you to help in detecting the disrupting signals leading to inevitability of market shift. We will point out whether you are on the wrong side of the new trend. We will suggest various action functions and when you should need to adapt to the new business model and when you need to accelerate. We will also signal whether your product(s) will going to be obsolete in the near or distant future.

The single most reason for companies to suffer from digital disruption is their myopic views. The management seems complacent with revenue generation and market share based on a stable business model. Their focus lies in increasing the market share. They do not see or do not want to see the new trends and if at all they could mark the advent of digital disruption in their business, they choose to ignore it as there is already a lot of investments in the infrastructure which will otherwise be waste if they have to imbibe new technology.