There is no denying the fact that information security plays a vital role in safeguarding the data and resources of an organization in the midst of rising incidents like data tampering, server hacking or corrupting websites. Companies these days understand the significance of devoting more resources to the protection of information assets as information security has become an inevitable protocol to provide overall protection to the business.
To address the security issue in both government and private sectors, several international bodies have formed with the perspective to develop organizational information security standards and effective management practices. The aim is to help organizations to shield their mission-critical business assets against threats to confidentiality, integrity and availability. In simple words, information security standards indeed ensure organizations to benefit from sufficient level of security, proper allocation of resources, and adopting the best security practices. It wouldn’t be wrong to say that the information security has become a de facto across diverse industry verticals, particularly banking and IT sectors.