What are the components of an ISMS solution?
As touched on earlier, the main components of an ISMS are summarised in the image. The solution is comprised of two main investments to bring it alive:
The real size of these pie slices, in terms of time and cost, is all dependent on the objectives, the starting point, the scope of jobs to include in the ISMS, and the organisation’s preferred way of working.
Investing well in one slice will help reduce or avoid much larger investments of people or technology in the other slices especially when looking at a whole life cost basis.
Whilst ‘content’ (your policies and controls documentation) is very important, it’s only one component of an ISMS and there are many pitfalls to avoid.
- Purchasing low-cost generic policy documentation may give you a bunch of cheap policies but they will not be ‘actionable’. They may even encourage unnecessary work for your organisation.
- Consultants who do the implementation their way without understanding your business practices, or not sharing ‘the secret sauce’ so you have to use them forever, nor aligning it to recognised standards.
- Failure to consider the whole life consequences beyond implementation e.g. dropping spreadsheet documents into a Google folder or Sharepoint style technology system but not considering the ongoing management, coordination, reporting and control requirements for everyone involved.
These approaches will cost much more in the long run, or have big opportunity costs, so consider a total cost of ownership, not just the initial implementation.
An ISMS delivers a positive return on investment. The goal of our whitepaper is to show you why, what, and how you can get RoI from an ISMS that fits the business needs.
The key considerations when building the business case for an ISMS?
- 1Building the business case for an ISMS
- 3The Challenge is Growing
- 4Three Reasons Why Nothing Happens
- 5Planning the business case for an ISMS
- 6A Point on People
- 7In Considering The Technology
- 8What is an ISMS?
- 9Understanding the Components of an ISMS
- 10The People Involved in the ISMS
- 11Why Do Organisations Need An ISMS?
- 12Is Your Organisation Leadership Ready to Support an ISMS?
- 13Developing the Business Case for an ISMS
- 14Achieving Returns from the Threats and Opportunities
- 15Stakeholder Expectations for the ISMS given their Relative Power and Interest
- 16Scoping the ISMS to Satisfy Stakeholder Interests
- 17GDPR Focused Work
- 18The Return on Investment from Information Security Management
- 19Doing Other Work for Broader Security Confidence & Assurance with Higher RoI
- 20Build or Buy – Considering the Best Way to Achieve ISMS Success
- 21The characteristics of a good technology solution for your ISMS
- 22Whether to Build or Buy the Technology Part of the ISMS
- 23The Core Competences of the Organisation, Costs and Opportunity Costs
- 24Evaluating The Threats
- 25Identifying The Opportunities
- 26Work To Get Done for ISO 27001
- 27In Conclusion