Information Security, the Greatest Responsibility of the Enterprises

Information Security, the Greatest Responsibility of the Enterprises

As enterprises grow so does the requirement for global information exchange amongst employees, suppliers,
partners and customers. Today thanks to advancements made in technology and innovation it is easy to
transfer huge chunks of data to any parts of the world within seconds. Though technological advancements
provided new business opportunities for companies to explore, it also led to the growth of sophisticated
cyber crime.

Technology advancements facilitate smooth business operations but if left unchecked it can lead to drastic
revenue loss, legal liabilities, diminished productivity, and brand erosion. This is because as technology
advances, cyber crime becomes increasingly sophisticated and pervasive. As more and more information is
stored, processed, and transmitted electronically, the risks of unauthorized access both from internal and
external sources increase. Since cyber criminals stop at nothing to put their devious plans into action, it is
upon the enterprises to protect sensitive information from falling into wrong hands. Therefore, it is highly
essential that all companies irrespective of whether they are big or small to implement effective security
measures to protect information and information systems from unauthorized access, use, disclosure,
disruption, modification, perusal, inspection, recording, or destruction. Information security is the
indispensable part of any business operation and hence enterprises must regularly carry out training,
assessment, protection, monitoring & detection, incident response & repair, documentation, and review to
keep the cyber criminals at bay.

Moreover, ensuring information security is very much essential if enterprises want to comply with the
different regulations such as the Health Insurance Portability and Accountability Act (HIPAA), the Gramm-
Leach-Bliley Act of 1999 (GLBA), the Sarbanes-Oxley Act of 2002 (SOX), the Payment Card Industry Data
Security Standard (PCI DSS), the Personal Information Protection and Electronics Document Act (PIPEDA) and
so on. Otherwise, it can lead to huge financial penalties, expensive lawsuits, loss of reputation and business.

Enterprises must be careful when looking out for service providers and must choose only those with end-to-
end capability. They must help enterprises in not only building up business aligned information security
framework but also improving the Return on Security Investment (ROSI). They must be adept at providing a
wide spectrum of services such as Information Security consulting, Identity and Access Management services,
Transformation & System Integration services, Managed Security Services and so on.

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Thus, information security is very essential as it offers strategic, financial, and technical benefits to
enterprises and helps the enterprises to achieve the desired state of the information security robustness.

Related Links: Managed print services, Service desk, system integration

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