Information systems by their nature are expensive and complicated, therefore it is imperative that the risks surrounding them are identified, assessed and appropriately managed. One critical document that should be prepared to ensure appropriate management of IT risk, is an Information Security Management Plan (ISMP). This Plan will document what security measures need to be implemented to ensure the integrity, confidentiality and availability of information systems against all foreseeable threats to your enterprise.
Other vital components of Risk Management activities include the development of a Disaster Recovery Plan (DRP) and Business Continuity Plans (BCPs). When your business is faced with a disaster or even simply a major outage, it is important that the appropriate activities have been planned and documented to get IT systems running again. Just as important, Business Continuity Planning will aid in identifying how your business will function in the event of a major disruption to your IT services. What activities can be handled manually, what will be the effects of outages on your services and how these can be minimised, are all critical questions that should be ascertained, before they actually occur
For assistance and advice in this area please feel free to contact us for a complimentary review of your existing systems and risk management processes.