Information Security Management Vs Information Security Governance

Information Security Management Vs Information Security Governance
Information Security Management (ISM)
Definition:
Information Security Management involves the policies, procedures, and controls implemented to manage and protect an organization's information assets against security threats.
Key Elements:
Risk Management:
Identifying, assessing, and mitigating risks.
Regular risk assessments to determine vulnerabilities.
Security Policies and Procedures:
Development and enforcement of security policies.
Procedures to support the implementation of policies.
Incident Response:
Preparation and execution of response plans for security incidents.
Incident detection, containment, eradication, and recovery processes.
Access Control:
Managing who can access what information.
Ensuring proper authentication and authorization mechanisms.
Security Training and Awareness:
Educating employees on security best practices.
Regular training sessions and awareness programs.
Compliance and Auditing:
Ensuring adherence to legal, regulatory, and internal security standards.
Conducting regular security audits and assessments.
Objectives:
Protecting the confidentiality, integrity, and availability of information.
Reducing the likelihood and impact of security incidents.
Ensuring business continuity and disaster recovery.
Frameworks and Standards:
ISO/IEC 27001
NIST Cybersecurity Framework
CIS Controls
Information Security Governance (ISG)
Definition:
Information Security Governance involves the oversight and strategic direction of an organization's information security program. It ensures that security activities align with business objectives and compliance requirements.
Key Elements:
Strategic Alignment:
Ensuring information security strategies support business goals.
Aligning security initiatives with organizational objectives.
Leadership and Organizational Structure:
Establishing a governance structure with clear roles and responsibilities.
Assigning executive leadership and board oversight for security.
Policy Development:
Developing overarching security policies and frameworks.
Setting the tone from the top regarding security importance.
Resource Management:
Allocating necessary resources (budget, personnel, technology) for security initiatives.
Ensuring efficient use of security resources.
Performance Measurement:
Establishing metrics to measure the effectiveness of security programs.
Regular reporting on security performance to stakeholders.
Regulatory and Legal Compliance:
Ensuring the organization meets all legal and regulatory security requirements.
Overseeing compliance efforts and reporting.
Objectives:
Providing strategic direction and oversight for the security program.
Ensuring that security efforts are effectively supporting the organization's mission and goals.
Enhancing accountability and transparency in security management.
Frameworks and Standards:
COBIT (Control Objectives for Information and Related Technologies)
ISO/IEC 38500
ITIL (Information Technology Infrastructure Library)