First Step in Establishing an Information Security Policy

B.

The first step in establishing an information security policy is the business risk assessment.

Business risk assessment is the process of identifying and assessing the risks that an organization faces in achieving its objectives. In the context of information security, this includes identifying the potential risks to the organization's information assets and the potential impact of those risks.

The business risk assessment should be conducted by a cross-functional team that includes representatives from different areas of the organization, including IT, legal, human resources, and operations. The team should review the organization's goals and objectives, identify the information assets that support those goals, and then assess the risks to those assets.

The results of the business risk assessment should be used to develop an information security policy that outlines the organization's goals, objectives, and approach to managing information security risks. The policy should include a statement of management's commitment to information security, a description of the information assets to be protected, and a framework for managing risks to those assets.

Once the policy has been established, security controls evaluation, review of current global standards, and information security audit can be performed to ensure that the policy is being implemented effectively and to identify any areas where additional improvements may be necessary.