Security Policy

The Internet has given us the avenue where we can almost share everything and anything without the distance as a hindrance. A lot of companies have taken the Internet’s feasibility analysis and accessibility into their advantage in carrying out their day-to-day business operations. Businesses would now provide their customers or clients with online services. Aside from the fact that the online option of their services helps their client in making transactions easier, it also lowers the production and operational costs of the company. Business partners can also hold meetings and conferences even if they are on the different sides of the globe.

However, with all these possibilities and benefits that come with the use of the Internet, there is also another possibility which every business out there fears and worries: threats to security, both internal and external. The more they put data, information, and other essential inputs on the web, they also acquire more risks in the process. They could be vulnerable theft and misuse of critical information, the disclosure of vital information, and worse, the company will lose its credibility.

Such threats can disrupt and destroy even well-established companies. There are Internet-savvy people, also known as hackers, who would pry and gain unauthorized access to company information. With all impending threats to both the internal and external aspects of a company, the management or the business owners must always have their own set of policies to ensure not just their clients but also the entire business.

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What Is a Security Policy?

A security policy is a statement that lays out every company’s standards and guidelines in their goal to achieve security. It also lays out the company’s standards in identifying what it is a secure or not. It can also be considered as the company’s strategy in order to maintain its stability and progress.

A security policy states the corporation’s vision and commitment to ensuring security and lays out its standards and guidelines regarding what is considered acceptable when working on or using company property and systems. A good security policy is compromised of many sections and addresses all applicable areas or functions within an organization.

Every effective security policy must always require compliance from every individual in the company. It clearly outlines the consequences or penalties that will result from any failure of compliance. It would also state how to deal with security threats and what are the necessary actions or even precaution that needed to be done in order to ensure the security of not only of the business but as well as the other parties, namely: the business owners, the business partners, and most importantly, the clients of the company.

Every existing security policy deals with two kinds of threats: the internal threats and external threats.

With the advent of the Internet and of how many companies are utilizing it for its efficiency, a set of well-written and well-defined security policies must be implemented in every company since they are now more prone to various kind of threat such as data theft and other kinds of data breaches.

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Why Is there a Need for Security Policies?

Having security policies in the workplace is not a want and optional: it is a need. Every business out there needs protection from a lot of threats, both external and internal, that could be detrimental to the stability of the company.

Every business out there needs protection from a lot of threats, both external and internal, that could be detrimental to the stability of the company.

With the help of a well-written security policy, any security violation possible will have also a corresponding solution as well as its corresponding penalty. Security

Security policies give the business owners the authority to carry out necessary actions or precautions in the advent of a security threat. Aside from that, it also minimizes any possible risks that could happen and also diminishes their liability. One simple reason for the need of having security policies in

One simple reason for the need of having security policies in every business to make sure every party—the business owners, the business partners, and the clients—are secured.

But the most important reason why every company or organization needs security policies is that it makes them secure. And once their customers, employers, or member are aware of their well-implemented security policies, a trust toward the company and its management will be established. We all know how difficult it is to build and maintain trust from its stakeholders as well as how every company needs to gain everybody’s trust. Without an existence of a security policy, the company would not also be able to secure themselves from internal and external threats that can be detrimental to the company.

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Characteristics of a Good and Effective Security Policy

1. A good and effective security policy begets privacy. Not all information supplied by clients and business partners are for dissemination. With the option of filling out forms online, clients would be doubtful in making transactions since they know the possibility of a breach of information. But with a security policy that has its vulnerabilities disclosed to the public, the company gains trust. We all know how important it is to gain and maintain trust from clients and we also know how difficult it is. Making excellent and well-written security policies

2. A good and effective security policy of a company considers and takes into account the interests of their business partners and their clients. Any company must not always prioritize only their own welfare and safety from threats; they should also and always consider other people’s welfare.

3. A good and effective security policy conforms to the local and national laws. This is a way of making the company resilient against any impending threat, and in case a legal action must be done resulting from a breach, then the company would not have lesser things to worry about since a security policy that conforms to the laws of the land, then it is a way of reducing any liabilities that will result from security violations.

4. A good and effective security policy is updated and every individual in the company must also be updated. The only constant thing in this world is change and if a company who does not mind updating their set of security policies is a manifestation that they also seemingly does not want to have their business secured of various internal and external security threats. It is recommended that every individual in the company is aware of the updates to their own security policy. There should also be key staffs who would be extensively trained with practical and real solutions to any security breach. Every staff in the company must also be able to understand every statement in the security policy before signing.

5. A good and effective security policy is well-defined and detailed. A well-defined security policy will clearly identify who are the persons that should be notified whenever there are security issues. An exceptionally detailed security policy would provide the necessary actions, regulations, and penalties so that in the advent of a security breach, every key individual in the company would know what actions to take and carry out. It should also clearly set out the penalties and the consequences for every security violation, and of course, it must also identify the various kinds of a security violation. And if there is a new kind of violation, then we must go back to the previous characteristic: a good and effective security policy is updated.

6. A good and effective security policy does not rely on tools and applications in order to be carried out; it relies on its people. When all automated systems fail, such as firewalls and anti-virus application, every solution to a security problem will be back to manual. Now, case in point, what if there is no key staff who are trained to fix security breaches? Then the business will surely go down.

7. A good and effective security policy is usable and enforceable. With security policies that are usually found in every business out there, it does not mean that business owners are imposing such just to follow the trend. Having security policy has a purpose and making one with a just-for-the-sake and just-for-compliance reason would catapult any business who does this.