Home > Ask the Security Experts > Security Management Questions & Answers > Should ISO 17799 play a role in risk assessment?
Ask The Security Expert: Questions & Answers
EMAIL THIS

Should ISO 17799 play a role in risk assessment?

Mike Rothman EXPERT RESPONSE FROM: Mike Rothman

Pose a Question
Other Security Categories
Meet all Security Experts
Become an Expert for this site


Digg This!    StumbleUpon Toolbar StumbleUpon    Bookmark with Delicious Del.icio.us   


>
QUESTION POSED ON: 28 June 2007
What's the best procedure for conducting a risk assessment for an organization such as a drug research and trial company? Should ISO 17799 play a role by default?

>
EXPERT RESPONSE
There is a pretty accepted process for doing a risk assessment. First, figure out what needs to be protected and see if it's secure. It's not exactly that simple, but it's not overly complicated either.

A pharmaceutical company has a lot at risk since pretty much all its intellectual property is in the form of electronically stored compounds and trial data, which is very valuable. For instance, consider a blockbuster drug that has the potential to be a multi-billion-dollar business. Clearly the focus of the assessment should be on protecting those kinds of assets.

Once polices are to make sure they adequately set the stage to protect critical assets, it's time to see whether the rubber meets the road by conducting some vulnerability testing. I'm a fan of both electronic testing, as well as human testing. So perform automated scans (to find obvious stuff) and use penetration testing tools (for both networks/systems and applications) to view your environment as a hacker sees it.

Periodically an organization should administer a manual pen test, where a skilled attacker uses social engineering techniques and looks for logic flaws in an environment. Most regulations require a formal "assessment" at least once per year -- so these are probably already happening.

Relative to ISO 17799 and its successor, ISO 27001, those are relatively comprehensive frameworks laying out all of the things (policies and procedures) that can be protected, as opposed to all of the assets that should be protected.

If you need a list of things to "assess," one of the ISO frameworks can be used as a starting point. But I would consider it a default if it's already understood what's protected and how the attackers can get the data.

For more information:

  • Learn how ISO 17799 can help security professionals perform partner and service provider due diligence.
  • Learn the five steps behind making organizational risk management work in your enterprise.


  • Sound Off! -   Be the first to post a message to Sound Off!


    Digg This!    StumbleUpon Toolbar StumbleUpon    Bookmark with Delicious Del.icio.us   


    RELATED CONTENT
    Security Management
    Is it against HIPAA regulations to permanently store sensitive information?
    Two-tier distributed systems vs. three-tier distributed systems
    How to prevent software piracy
    How would you define the responsibilities of a data custodian in a bank?
    How do ISO 17799 and SAS 70 differ?
    Has FFIEC made any VoIP-specific mandates?
    Finding lost notebooks with 'LoJack for laptops'
    What controls can compensate when segregation of duties isn't economically feasible?
    What can be done to block adult images in search engine results?
    What are the security job prospects for someone without a certification?

    ISO 17799
    How do ISO 17799 and SAS 70 differ?
    How to apply ISO 27002 to PCI DSS compliance
    How to migrate from SAS 70 to ISO 27001
    ISO 17799: A methodical approach to partner and service provider security management
    Embarking on the ISO 17799 certification trail
    How is ISO 17799 different from SAS 70?
    Mapping the path toward information security program maturity
    Developing an information security program using SABSA, ISO 17799
    Regulatory Compliance and ISO 27001
    Management Support

    Risk Assessment and Analysis
    Unified communications trigger data leakage dangers, survey finds
    CIO role could shift toward data quality, says IBM group
    Security data lapses hamper researchers
    Panel: IT governance, risk and compliance program helps reduce expenses
    Like MLB scouts, IT security pros are turning to metrics
    Google shares struggle to manage security complexities
    GRC Tools Help Manage Regulations
    Interview: Financial Services CISO David Pollino
    The New School of Information Security
    Penetration testing: Helping your compliance efforts

    RELATED GLOSSARY TERMS
    Terms from Whatis.com − the technology online dictionary
    risk analysis  (SearchSecurity.com)

    RELATED RESOURCES
    2020software.com, trial software downloads for accounting software, ERP software, CRM software and business software systems
    Search Bitpipe.com for the latest white papers and business webcasts
    Whatis.com, the online computer dictionary



    Search and Browse the Expert Answer Center
    Search and browse more than 25,000 question and answer pairs from more than 250 TechTarget industry experts.
    Browse our Expert Advice

    TechTarget Security Media
    Information Security View this month\\'s issue and subscribe today.
    Information Security Decisions Apply online for free conference admission.
    SearchSecurity.com
    HomeNewsMagazineWebcastsWhite PapersLearningAdviceTopicsEventsAbout Us

    About Us  |  Contact Us  |  For Advertisers  |  For Business Partners  |  Site Index  |  RSS
    TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines.

    TechTarget Corporate Web Site  |  Media Kits  |  Reprints  |  Site Map




    All Rights Reserved, Copyright 2003 - 2008, TechTarget | Read our Privacy Policy
      TechTarget - The IT Media ROI Experts