Assurance with information security and the supporting computing environment is vital to an organisation’s viability and success. Trust with information assets provides the necessary confidence for an organisation and its trading partners, customers and affiliation groups alike to ensure continued delivery of value, facilitated by an adequate information security governance and assurance program. Proveho provides approach regarding risk governance, risk consultancy and legal and regulatory compliance advisory for clients to help them optimizing their cloud security.
For information security to be of optimal value, it requires a necessary framework, human and capital resources, and sponsorship and oversight from senior management to directly affect organisational processes and strategy.
Risk Governance
The increasingly strategic importance of digital information assets, dramatically changing computing landscape and rising tide of information security threats, has required that senior management are fully engaged in providing direction with information security.
For investment in security risk management to be of optimal value, the information security strategy must be directly pertinent to an organisation’s strategy and processes.
Increased dependency on information assets, tightening regulation and legislation and dramatically changing security threat landscape has elevated the assurance requirements for information security across the gamut of private and public sector organisations.
The raising magnitude of risk posed to information security and associated business uncertainty dictates that information security is afforded commensurate priority by establishing it as a mainstay on senior management’s agenda and be included as governance function. Strategically align information security with business priorities.
To achieve effective alignment with organisational priorities information security initiative needs to permeate throughout the organisation and across people, process and technology. An effective security strategy and framework with senior management’s commitment enables and infuses information security to all facets organisational functions in the most efficient manner.
To establish and maintain security capability, polices and practices consistent with organisational risk appetite and legal and regulatory compliance requirements needs to be developed, implemented, enforced and measured. Enable information security governance with Proveho Networks.
Critical success factors to delivering information security governance is instrumental to the ongoing success of addressing the uncertainty with digital assets and meeting compliance obligations. For information security program to be relevant, it must align with organisational priorities, for security to provide effective assurance it needs risk management framework.
The value of information security program is optimal when acceptable security risk posture is achieved and maintained efficiently and integrated with adjacent assurance disciplines. Enable success with information security.
Risk Consultancy
For information security assurance and risk management practice to deliver value, it must be consistent with organisational priorities.
Factors influencing the risk profile of an organisation’s information assets including its value in criticality and sensitivity. For a security risk management program to be successful, it must be applied with consistency and in the context of business objectives.
Business critical digital assets, raising tide converging technologies and rapid commercialisation security threats requires inherent digital risk to be identified, analysed and managed to an acceptable level. Information security risk management process is integral to providing predictability and certainty to business critical processes.
The risk management framework as part of an overall security program is critical to identifying and triaging risk and implementing commensurate security controls across people, process and technology.
At the highest level risk management is accomplished by balancing risk exposure against mitigation cost constrains and within defined acceptable risk limits. Optimise Risk Management with Proveho Networks.
Risk assessment framework as an integral part of an organisation’s risk management initiative is critical in capturing factors that are most relevant to the organisations assurance efforts.
Process critical information assets and IT infrastructure, threat landscape and vulnerabilities, probable loss and impact, regulatory and legal compliance obligations are some of the many fundamental factors that need to be accounted for to deliver optimal assurance value to organisational priorities.
Risk treatment options provide the opportunity to remedy risks to information security assets and infrastructure in the context in the an organisation’s accepted risk limits (risk appetite).
Risk mitigation efforts in reducing the probability and impact of adverse events and emerging risk transfer (cyber insurance) solutions are options that can be leveraged to maintain risk to an acceptable level.
Enable information security assurance with Proveho Networks.
Legal and Regulatory Compliance Advisory
Compliance frameworks including PCI -DSS, Privacy and Breach Notification Laws and ISO 27001 mandates the fundamental information security requirements of storage and handling of designated data.
For compliance risk management to deliver optimal security value and benefit, it should be included as part of an organisation’ss holistic approach to security risk management.
The significance of information security is evident in the ongoing strengthening of regulatory compliance and legislation intended to build certainty with affected data states, including its storage, processing, and transmission throughout the information life-cycle.
Proveho Networks promotes the establishment and refinement of an enterprise risk management framework as an integral part of an Information Security Management System (ISMS). A normalised approached to information security that accounts for regulatory, legislative security requirements and includes organisational risk in the single framework structure providing optimal benefits.
Privacy legislation starts with governance oversight and direction to managing compliance risk and risk of compromise to the organisation outside of legal obligations. The organisation’s intent and acceptable risk limits can be incorporated into the risk management model and outlined and enforced through compliance policy.
Adequately classified personal information data assets will invoke privacy assurance requirements consistent with policy and in harmony with the security baseline. A functional risk management framework and security program will ensure compliance and risk to personal information is consistent with an organisation’s acceptable risk limit. Enable compliance consistent with organisational policy.
The Legislated Notifiable Data Breach scheme is designed to minimise the adverse impact of compromised personal information for affected individuals. Response to a probable data breach is predicated on the detection.
Adequately categorised and monitored personal information assets is the most effective way to detect anomalies and initiate the incident response process as part of an overall approach to incident management. Statistics from information security breaches indicate the financial impact from being compromised grows exponentially the longer it takes to identify and contain breaches. Activate Incident Response.
ISO 27001 is recognised as one of the most comprehensive standards for managing information security risk. The standard incorporates management’s overview of security and establishes a security framework to ensure an assurance program that is aligned with organisational objectives.
Alignment and compliance with the standard demonstrates the organisation’s commitment to managing information security risk to an acceptable level and certification against the standard provides external parties with confidence and assurance on information security practices. Leverage ISO 27001 for managing information security.
