Report on Information Security and Management Strategy

Running Head: Risk Management
Risk
Management

Risk Management
“Effective Information Security and Management Strategy
for Small and medium Enterprises”.
Information Security Management is an important aspect of every organization by taking
into consideration the recent scenario of business globalization. The huge amount of information
is available in the database that should be protected by the hackers and it is in the form of spams,
malware. So the organization keeps the database safe by considering the latest security measures
that ensure the privacy of the data. It is seen that with the help of internet technology the dream
of mankind is turned into a reality. The organization has opted the internet based strategy that
assists to reach a large mass of audience easily. It is very important for every organization to
secure the information or the database that is available so that it cannot give negative impact on
the working operations of the business (Cagno, Micheli, Jacinto and Masi, 2014).
In the recent scenario, the information is considered as an important asset, by which the
organization can enhance and safeguard the image of the company. Small and medium-sized
enterprises cover a major part of the global economic activity. It is evaluated that the internet is
used by every organization so that the operations of the business can be conducted in an effective
manner. The small and medium-sized enterprises invested a huge cost that creates the presence
globally (McCormac, Zwaans, Parsons, Calic, Butavicius and Pattinson, 2017). The information
is stored or converted into the digital format and is transferred by various interconnected
networks. By enhancement in the usage of internet has brought a drastic change in the
communication pattern and also in the operations of the business. Information security and
management is a common aspect among the stakeholders. It is set off policies and procedures
that manage the data of the organization in a systematic manner. Information security
management minimizes the risk and focuses on the continuity of the organization (Lebek, Uffen,
Neumann, Hohler and Breitner, 2014).
For expanding the business it is essential that the enterprises should adopt effective
strategies of maintaining the database. The effective information security and management has
given opportunities to the small and medium enterprises that improved the productivity level and
helped them to compete with the large firms. The investments of resources are made by the

Risk Management
enterprises that maintain the information security policies and strategies. If the information
security is not proper then it can lead to lack of proper information by the enterprises (Tsohou,
Karyda, Kokolakis and Kiountouzis, 2015).The organization makes continuous planning by
giving focus on the security and risk management procedures that are set within the organization.
To secure the information it has become a complex activity, so it is essential to take into
consideration security strategies that need to extend to mobile platforms, cloud systems, and
social ecosystems. The significance of developing information security strategy is often
overlooked. A strategy that is related to the security of information acts like a roadmap that
creates the security practices that should be taken into consideration to survive the challenges
that occur in future. The strategy will help the organization to attain the long-term safety
objectives by considering the practices that will assist the company in accomplishing the future
security state (Gordas, 2014).
It is analyzed that the enterprises should implement effective information safety strategies
so that the risk can be minimized in a proper way. If the small and medium enterprise takes into
consideration effective information safety strategies, then the information can be secured on the
long-term basis. To enhance the security of the organization on a long-term basis, the company
should consider and understand the security status and the goals that are related to the long-term
strategic security road mapping (Siponen, Mahmood and Pahnila, 2014).
Information security and management gives emphasis on maintaining confidentiality,
integrity and also the availability of the information data. The responsibility of the management
is to take care of the effective implementation of the information security system in the
enterprises by establishing information security committee. The committee consists of the
representatives from the different departments (Kines, Andersen, Andersen, Nielsen and
Pedersen, 2013). The representatives are from the background of information security, internal
audit, and risk management. Effective information security and safety is important so that the
information that is obtained can be maintained as it is valuable for the organization. It is
essential to think of the safety in financial terms. In order to understand the significance of
information in the organization, the employees must have a proper concept of the security of
information in the organization. The enterprises should give emphasis on the fake posts that are