Information is a valuable asset to your business. The use of proper preventive measures and safeguards reduces the risk of successful security attacks, which might otherwise cost you a large fortune.
Following the results obtained from your security risk assessment, the security management cycle enters a phase of implementation and maintenance, where appropriate security protection measures and safeguards are implemented in a way that builds a secure protection framework. This includes developing security policies and guidelines, assigning security responsibilities and implementing technical and administrative security measures. All these steps are crucial in contributing to the safeguards of your business assets.
When any IT operation of an organisation is contracted out, the external service provider (or the outsourcing vendor) may effectively become an “insider”, handling sensitive and important information for the company.