The Organisation for Economic Co-operation and Development (OECD) has created a

Question

The Organisation for Economic Co-operation and Development (OECD) has created a list of principles to aid organizations in dealing with people and organizations in different countries with different cultures. Just because speaking to a colleague in a certain manner is acceptable in one culture does not mean it is acceptable in other cultures.

Conduct an Internet search for the OECD to identify the nine principles it have adopted for IS security. Looking at those principles, create a table that documents where those nine principles fit into a company's financial department. In other words, what would a company's financial department have to do for each of the principles to ensure IS security by OECD's standards? Make sure to include at least the following financial department responsibilities in the table:

Explanation / Answer

IS (information system) security priciples are:

1.) Promote a culture of security among all participants as a means of
protecting information systems and networks.

2.) Addresses information security and privacy as complementary issues that are essential for the sustainability of the Internet economy as a platform for economic and social prosperity.

3.) Maintains an active network of experts from government, business, civil society and the Internet technical community.

4.) Develops and monitors the implementation of several non-binding legal instruments (soft law) adopted by the OECD Councilby consensus.

5.) Raise awareness about the risk to information systems and
networks; the policies, practices, measures and procedures
available to address those risks; and the need for their adoption
and implementation.

6.)All participants are responsible for the security of information systems and
networks. Participants should act in a timely and co-operative manner to prevent, detect and
respond to security incidents.

7.) The security of information systems and networks should be compatible with
essential values of a democratic society.

8.) Participants should conduct risk assessments and must incorporate security as an essential element of
information systems and networks.

9.) Given the pervasiveness of information systems and networks in our
societies, participants members of OECD need to recognise that their action or inaction may
harm others.

Principles Responsible financial departments 1.) Promote a culture of security among all participants as a means of
protecting information systems and networks.

1. Investments
2. Loans
3. Interacting with financial departments of other companies

2.) Addresses information security and privacy as complementary issues that are essential for the sustainability of the Internet economy as a platform for economic and social prosperity.

1. Accounts payable
2. Accounts receivable
3. Investments

3.) Maintains an active network of experts from government, business, civil society and the Internet technical community.

1. Payroll
2. Paid time off
3. Retirement plans
4. Medical plans

4.) Develops and monitors the implementation of several non-binding legal instruments (soft law) adopted by the OECD Councilby consensus.

1. Accounts payable
2. Accounts receivable
3. Investments

5.) Raise awareness about the risk to information systems and
networks; the policies, practices, measures and procedures
available to address those risks; and the need for their adoption
and implementation.

1. Payroll
2. Paid time off
3. Retirement plans
4. Medical plans
5. Accounts payable
6. Accounts receivable
7. Investments
8. Loans

6.)All participants are responsible for the security of information systems and
networks. Participants should act in a timely and co-operative manner to prevent, detect and
respond to security incidents.

1. Interacting with financial departments of other companies

7.) The security of information systems and networks should be compatible with
essential values of a democratic society.

1. Interacting with financial departments of other companies

8.) Participants should conduct risk assessments and must incorporate security as an essential element of
information systems and networks.

1. Accounts payable
2. Accounts receivable
3. Investments
4. Loans

9.) Given the pervasiveness of information systems and networks in our
societies, participants members of OECD need to recognise that their action or inaction may
harm others.

1. Investments
2. Loans
3. Interacting with financial departments of other companies

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