Enterprise Governance

Correct Answer: ISO/IEC 27001

ISO/IEC 27001 is the correct answer for this question. It is an international standard that provides guidelines for implementing an Information Security Management System (ISMS) and is widely used as a basis for legal compliance.

ISO/IEC 27001 is specifically designed to help organizations establish, implement, maintain, and continually improve an information security management system. It provides a systematic approach to managing sensitive company information, ensuring it remains secure.

The other options are incorrect for the following reasons:

NIST SP 800-53 is a set of security controls developed by the U.S. National Institute of Standards and Technology. While it's a valuable resource, it's not an international standard and is primarily used by U.S. federal agencies.

COBIT 5 (Control Objectives for Information and Related Technologies) is a framework for IT governance and management. While it includes some aspects of information security, it's not specifically focused on ISMS implementation or legal compliance.

PCI DSS (Payment Card Industry Data Security Standard) is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. While important for organizations handling payment card data, it's not a comprehensive international standard for ISMS implementation across all sectors.

Correct Answer: Chief Information Security Officer (CISO)

The Chief Information Security Officer (CISO) is the best suited role for balancing the need for information security with business innovation and agility. Here's why:

1. The CISO is a senior-level executive responsible for developing and implementing an information security program that aligns with the organization's business objectives.

2. CISOs have a comprehensive understanding of both security requirements and business needs, allowing them to make informed decisions that balance risk management with innovation.

3. They work closely with other C-level executives to ensure that security measures support rather than hinder business agility and growth.

4. CISOs are responsible for creating security policies that protect the organization while enabling technological advancements and digital transformation.

As for the other options:

The Information Security Manager typically reports to the CISO and focuses more on day-to-day security operations rather than high-level strategic decisions.

The Chief Technology Officer (CTO) is primarily concerned with technological innovation and may not have the specialized security expertise required to balance security needs with business objectives.

The Risk Management Director, while important for overall risk assessment, may not have the specific information security expertise or the authority to make decisions that impact both security and business innovation.

Correct Answer: Chief Information Security Officer (CISO)

The Chief Information Security Officer (CISO) is the best suited organizational role for developing and implementing a comprehensive information security strategy that aligns with overall business objectives. Here's why: The CISO is a senior-level executive responsible for establishing and maintaining the enterprise vision, strategy, and program to ensure information assets and technologies are adequately protected. They are uniquely positioned to: 1. Understand both the technical aspects of information security and the broader business goals. 2. Develop strategies that balance security needs with business objectives. 3. Communicate security requirements to top management and gain their support. 4. Oversee the implementation of security policies and procedures across the organization. Other roles are less suitable for this task: The Chief Technology Officer (CTO) primarily focuses on technological innovations and overall technology strategy, rather than specifically on information security. The Information Security Manager, while important, typically operates at a more tactical level and may not have the strategic overview or authority required to align security with broader business objectives. The Chief Risk Officer (CRO) has a broader focus on all types of organizational risks, not just information security. While they may contribute to security strategy, they lack the specialized focus of a CISO.