Audience and Purpose: In This Thesis

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Information security is only a part of the piece in the provision of a reliable service. It cannot, therefore, be addressed separately. Different sectors use information differently and there needs to be an implicit recognition of this in the analysis of business processes."

The main purpose of having information assurance in any organization is to promote trust and confidence and thus system needs to be reliable, secure and private. IA is this concerned with maintenance of accuracy of the information and its protection, and encompasses such broad things as information security management, risk management and business continuity management.

It is important for organizations to embrace information assurance as not just an add-on but as an essential and integral part of the system. Thus the aim of IA should be develop a "culture of Information Assurance" in which all stakeholders, from junior employees through to the top management understand their responsibilities.

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For IA to work, their must be good internal controls in place. They are effective if they are exercised sufficiently and thus organizations can know which risk mitigation choices are good and can be adopted when the system requires. International controls should be embedded in the very operations of an organization. It must be capable of responding properly to change. Internal controls are required to be such that it includes procedures for reporting major loopholes.

Bridget Hutter and Michael Power, "Risk Management and Easiness Regulation," Financial Times Mastering Risk Series 2000

Nancy J. Wong addressing the IAAC seminar TA & Corporate Governance', Institute of Chartered Accountants for England and Wales, London (19 July 2001)

Guidelines on Information Security,….....

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