Risk Management Alliance To Face Emerging Regulations

Apr 1, 2005 12:00 PM

Three security associations have formed an alliance to address the management of risks and emerging regulations requiring a more thorough, enterprise-wide approach to security.

ASIS International (ASIS), the Information Systems Audit and Control Association (ISACA), and the Information Systems Security Association (ISSA) bring more than 80,000 global security professionals to address these issues.

A significant increase and complexity of security-related risks to international commerce from terrorism, cyber-attacks, Internet viruses, theft, fraud, extortion and other threats led to the formation of the alliance.

The objectives of the alliance are:

• To develop risk models that more fully qualify and quantify enterprise-wide security risks and potential impacts to business;

• To raise awareness to executive management regarding the nature of existing and emerging security threats, and best practices to mitigate those threats through the convergence of security organizations, processes and approaches;

• To promote a common security management voice to legislators and government agencies and to provide them with information regarding best security practices; and

• To continue to define the qualification, certification and training requirements for the Chief Security Officer (CSO)/Chief Information Security Officer (CISO) role and other security-related positions.

The alliance will also advance its objectives through research, executive seminars and other educational offerings to benefit security and business executives.

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