Whilst the return on investment from an information security management system can be high, triggers for the initial investment generally come from external forces such as powerful customers. There are growing numbers of stakeholders much more interested in how their valuable information is handled and protected. The risks involved in cyber security and data breaches of any kind are too great to simply go on a handshake and a promise that a new supplier is acting responsibly with information. The historical belief about organizations naturally protecting privacy and security of data has been replaced with a suspicion that data is being mishandled. Organizations need to protect their business, and that includes the security of their supply chain. This is explored in more detail in our whitepaper ‘planning the business case for an information security management system’.
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Q2 Technologies - Securing the Unsecured
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