Security Management

What is Security Management?

Security Management in an organization serves an important function that enables the safe operation of the applications to protect all forms of information in devices and on the cloud, safeguards the entire organization from technology-based risks to people, processes, and continuously implementing and maintaining Security management substantially increase resilience to cyber attacks. Security management applies to the management of risks and security threats in an organization internal and external which includes:

Types of Risks	Internal Risks	External Risks
Strategic	Research & Development	Competition and Customer Needs and Demands
Operational	Systems & Processes (HR & Payroll)	Suppliers, Regulations & Contracts
Financial	Cash flows & Liquidity	Credit
Hazard	Equipment, Process, People, Safety & Security	Natural disasters, cybercrimes, and criminal acts
Compliance	The organizational system, legal and regulatory policies. Confidential information technical and physical controls.	New policies and regulations are introduced, existing policies are changed, and the organization may be at risk due to non-compliance if monitoring is not done regularly.

IT Security Management:

As companies have entered the digital era and are digitalizing, more and more companies are vulnerable to cyber-attacks. Cybercrime supervision is not an easy approach. It should be monitored 24 hours a day. Businesses are of different sizes with varied needs, risks, and threats. Government agencies and companies have been practicing and managing security risks to reduce their likelihood of falling victim to cyber-attacks. IT Security Management which adheres to follow some recommendations and regulations to protect against cybercrimes they are:

1.Enforce digital and physical security methodologies:

The use of anti-malware solutions like firewalls, antivirus, network and server control, and other forms of physical and digital security measures should be enforced against cybercrimes.

2.Secure and update asset and patches :

Supervising involves maintaining the company’s assets like hardware, software, and digital assets to keep up to date through proper IT Security Management. Hackers hack through security gaps that prevail due to outdated or unpatched IT infrastructure and software. It is the responsibility of the company to secure and maintain up-to-date inventory, hardware, software, data, and security certificates so that you are aware of the networks, servers, and other IT systems components. Maintaining up-to-date information helps you informed about the assets and also helps you with the vital information on your fingertips so that you’re not searching for the information whenever required or at the last minute of cybersecurity events that takes place.

3.Manage SSL/TLS certificates and keys of your domain:

Use a secure protocol to your website in lieu of the non-secure domain. Hypertext Transfer Protocols (HTTPS) is the secure version for business websites. It is very essential for every website to secure and prevent cybercrimes. This HTTPS can be availed through Secure Socket Layer (SSL) and Transport Layer Security (TLS) which verifies websites and provides secure, encrypted communication through the process of TLS.

In brief, SSL/TLS certificates serve three main objectives they are:

• It verifies websites or businesses
• It ensures data integrity and
• It provides a secure, encrypted connection been a user’s web browser and your web servers.

Once SSL/TLS security is installed, make sure that these certificates and encryption keys must be properly maintained and remain up-to-date, and don’t expire. If it’s not properly managed or it expires there is a threat of cybercrime to your website as well as the organization.

4.Train employees to recognize and react to threats:

Employees working in an organization or remote areas constitute a significant security risk to businesses and employee oversight can be the leading cause of data breaches according to a survey report. Employees are the company’s first line of guard. Cyber awareness training provides a basic understanding and teachings of cybersecurity. Firewall, antivirus, and antimalware solutions can help but not to the full extent as they don’t block every threat.

5.Implement Email Security Solutions and Phishing Solutions:

The rise in a business email, phishing, and the virtual mailbox, email attachments represents malware which is significantly an area of cybersecurity risk. Anti-phishing platforms spontaneously recognize and quarantine potentially dangerous emails so the users can’t engage them. It is very important to put such platforms in place to avoid cybercrimes.

6.Monitor traffic and access to increasing visibility:

In brief, this concept outlines the significant importance of IT Threat monitoring. This aspect involves constant monitoring of the traffic, access to your network, and other IT infrastructure parts such as servers, networks, and workstations. It includes the application of SIEM tools, IDS/IPS, and also includes the cybersecurity operations center (CSOC). This CSOC provides 24/7/365 monitoring of systems and logs to protect against threats.

7. Regularly test systems and access them:

 Vulnerability assessments– which helps in recognizing, accessing, and prioritize risks.

Risk Assessments– which is used for evaluating feasible risk for specific work or events, and Penetration Tests– are the IT security team’s method of testing to check defenses can be breached or adjusted.

 These 3 assessments simultaneously help to understand the strengths and weaknesses of your cybersecurity model.

8.Establish, and Implement security policies:

In the world of the digital world, you need to take a step forward in implementing protective policies and measures to safeguard against cybercrimes. Access management and access control are significantly important to regularly review, use policies, password policies, use of SSL/TLS certificates and encryption keys, remote access policies, email, and anti-phishing policies. As each of these policies has its own benefits thus ensuring and prevent cyber crimes and risks.

ITSM Security Management:

ITSM Security Management describes the systematic fitting of security in an organization. It is an ISO 27001 standard that includes all types of organizations and specifies requirements for monitoring and implementation of security controls as per the needs of an organization. The main goal is to line-up IT and business security so that information is secure and effectively managed.

Information Security Management

The basic concept of ITSM is information security which is to control access to information. ITSM Security management includes 3 main components:

1.Control:

• Policies
• Organization
• Reporting

2.Plan

• SLA Section
• Underlying Contracts
• OLA Section
• Reporting

3.Implement

• Classifications
• Personnel Security
• Security Policies
• Access Controls
• Reporting

4.Evaluate

• Self-Assessment
• External Audit
• Internal Audit
• Assessment as a result of a security event
• Reporting

5.Maintain

• Requests for changes, additions, or deletions
• Reporting