Security Incident Management Audit Program Template for England and Wales

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Key Requirements PROMPT example:

Security Incident Management Audit Program

"Need a Security Incident Management Audit Program for our financial services company that specifically addresses cloud infrastructure security and compliance with FCA requirements, to be implemented by March 2025."

Document background
The Security Incident Management Audit Program is essential for organizations operating under English and Welsh law seeking to maintain robust security practices and regulatory compliance. It provides a systematic approach to evaluating incident management effectiveness, identifying gaps, and ensuring alignment with legal requirements including UK GDPR and the Data Protection Act 2018. This document is particularly crucial in today's environment of increasing cyber threats and regulatory scrutiny, offering a structured methodology for assessing and improving security incident response capabilities.
Suggested Sections

1. Audit Scope and Objectives: Defines the boundaries and goals of the security incident management audit program, including systems, processes, and timeframes to be covered

2. Audit Methodology: Details the approach, tools, techniques, and standards used in conducting security incident management audits

3. Compliance Requirements: Comprehensive listing of applicable laws, regulations, and standards including DPA 2018, UK GDPR, NIS Regulations, and industry-specific requirements

4. Roles and Responsibilities: Defines key stakeholders, audit team composition, and their respective duties in the audit process

5. Audit Frequency and Schedule: Establishes the timing and frequency of audits, including regular assessments and trigger events for additional reviews

6. Documentation Requirements: Specifies the required documentation, evidence collection methods, and record-keeping standards

7. Reporting and Communication: Details the format, content, and distribution of audit findings and recommendations

8. Corrective Action Process: Outlines procedures for addressing identified deficiencies and tracking remediation efforts

Optional Sections

1. Industry-Specific Controls: Additional controls and requirements specific to regulated industries such as financial services, healthcare, or critical infrastructure

2. Third-Party Assessment: Framework for evaluating security incident management capabilities of external service providers and partners

3. Cloud Security Controls: Specialized controls and considerations for cloud-based services and infrastructure security incident management

4. Remote Work Considerations: Additional controls and procedures for auditing incident management in remote work environments

Suggested Schedules

1. Schedule A - Audit Checklist: Comprehensive checklist of control points and verification steps for security incident management audits

2. Schedule B - Incident Response Templates: Standard forms and procedures for documenting and categorizing security incidents

3. Schedule C - Risk Assessment Matrix: Framework for evaluating and categorizing security risks and their potential impact

4. Schedule D - Regulatory Compliance Mapping: Detailed matrix showing alignment between controls and various regulatory requirements

5. Schedule E - Audit Report Templates: Standardized formats for documenting audit findings, recommendations, and follow-up actions

6. Schedule F - Key Performance Indicators: Metrics and measurements for evaluating the effectiveness of security incident management processes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Data Protection Act 2018: Primary UK legislation that implements and supplements the GDPR, setting out the data protection framework in the UK including requirements for security incident handling and reporting.

UK GDPR: Post-Brexit version of the EU GDPR, providing comprehensive requirements for personal data protection, including mandatory breach notification and security measures.

Network and Information Systems Regulations 2018: UK regulations implementing the EU NIS Directive, focusing on cybersecurity requirements for operators of essential services and digital service providers.

Computer Misuse Act 1990: Legislation criminalizing unauthorized access to computer systems and data, relevant for incident classification and reporting to law enforcement.

Privacy and Electronic Communications Regulations 2003: Regulations governing electronic communications, including requirements for security of services and breach notification obligations.

Financial Services and Markets Act 2000: Key financial services legislation in the UK, including requirements for operational resilience and incident management for financial institutions.

FCA Regulations: Financial Conduct Authority regulations providing specific requirements for incident management and reporting in the financial sector.

PCI DSS: Payment Card Industry Data Security Standard providing requirements for organizations handling credit card data, including incident response procedures.

Health and Social Care Act 2012: Legislation governing healthcare organizations, including requirements for handling and reporting security incidents involving patient data.

ISO/IEC 27001:2013: International standard for information security management systems, providing framework for security controls and incident management.

ISO/IEC 27035: Specific international standard focusing on information security incident management, providing guidelines for incident response.

NIST Cybersecurity Framework: US-developed framework widely adopted globally, providing guidance on security incident detection, response, and recovery.

ITIL Framework: IT service management framework including specific guidance on incident management processes and procedures.

Common Law Duties: Legal obligations arising from common law principles, including duty of confidentiality and reasonable care in handling sensitive information.

Third Party Contractual Obligations: Requirements arising from contracts with vendors, customers, and partners regarding security incident handling and notification.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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