Systems Security Management: Protecting Trade Secrets Research Paper Sample

Security Management System (SeMS) is an organizational security policy. It is an integral part of an organizations operation and is very essential to corporate management responsibility (RSA Conference 2013). Developed in combination with a proficient threat assessment capabilities, as well as risk management, SeMS assist organizations in developing pre-emptive, well-organized and cost-effective security procedures. The system offers organizations wide techniques to security through the expansion of a security culture and a system-wide security classical boosting (RSA Security). Its success is absolutely reliant on a close collaboration between all shareholders and the supervisory bodies.
According to (Cyber Security) the process of establishing a corporate SeMS entails identification of company assets (including information assets) then developing, documenting and implementing a policy and procedures that would protect them. Organizations use security management actions such as information cataloging, threat evaluation and investigations to make out threats, classify assets and rate system susceptibility so that they can put into practice effective controls.
Security risk management involves the identification of threats, assessment of the efficiency of the current controls to counter those threats, evaluation of the risks' magnitudes, and prioritization of the menaces by ranking the probability and impact, categorization of the nature of risk and selection of a suitable alternative risk or risk response (Homeland Security).

Works Cited

Cyber Security. "Protect Your Business with 5 Social-Media Security Tips." IT Solutions Journal. N.p., 17 Feb. 2015. Web. 27 Mar. 2015.
Homeland Security. DHS-ALL-PIA-038(a) Integrated Security Management System (ISMS). Homeland Security. Homeland Security, 23 Sept. 2014. Web. 27 Mar. 2015.
Penny Crossman. “Banking Malware Dominates New Mobile Security Threats.” Information Management: McAfee. Information Management.com, 10 Sept. 2013. Web. 27 Mar. 2015.
RSA Conference 2013. Security in Knowledge. MANAGING DAILY SECURITY OPERATIONS WITH LEAN AND KANBAN. N.p., 25 Sept. 2013. Web. 27 Mar. 2015.
RSA Security. IT Whitepapers. Transforming Traditional Security Strategies into an Early Warning System for Advanced Threats. IT Whitepapers, 24 Oct. 2013. Web. 27 Mar. 2015.