November 06, 2008

 

INTRALOT was one of the protagonists during the meeting of the Information Systems Audit and Control Association (ISACA) International Security Management Committee for the creation of a new Business Model for Information Security Management that was held in Toronto, Canada.

 

ISACA decided the creation of a new International Business Model on Information Security Management, introducing novel concepts that are able to address the continuously changing security requirements of modern corporations. INTRALOT, as a member of the Business Model for Information Security Development Team contributes towards the creation of the model that addresses information security as a set of dynamic interconnections between the organization, the people, the technology and the processes of a corporation. The dynamic nature of the model is expected to provide major benefits to corporations, since information security will be adopted more easily to a non-constant environment such as the business one.

 

Within that scope, INTRALOT focuses on the introduction of a business philosophy in Information Security Management, highlighting the importance of embedding information security in the three major Business Plan Execution Functions: the Human Resources Function, the Strategy Implementation Function and the Corporate Operations Function.

 

Through ISACA’s Business Model, INTRALOT also focuses on the addressing of the security properties of dynamic elements that cannot be addressed by the existing models sufficiently, such as the Human Factor and the Corporate Culture.

 

INTRALOT Security Officer, Dr. Christos Dimitriadis, that participated in the Committee, commented: “ISACA Business Model is expected to have a significant impact on Information Security Management due to its philosophy to build security in a corporation’s Business Model and dynamically assess and improve its changing elements and especially the Human Factor, instead of trying to patch constant security controls around a changing environment. INTRALOT as an innovator is looking forward to apply the novel ISACA Business Model and receive its benefits.”

 

INTRALOT will be working on the Business Model the following months. The initial Practitioners Guide of the Model is estimated to be published on the 1st quarter of 2009 and the model will be taught at Universities all around the world.

 

With more than 75,000 members in more than 160 countries, ISACA (www.isaca.org) is a recognized worldwide leader in IT governance, control, security and assurance. Founded in 1969, ISACA sponsors international conferences, publishes the Information Systems Control Journal®, and develops international information systems auditing and control standards. It also administers the globally respected Certified Information Systems Auditor™ (CISA®) designation, earned by more than 60,000 professionals since 1978; the Certified Information Security Manager® (CISM®) designation, earned by more than 9,000 professionals since 2002; and the new Certified in the Governance of Enterprise ITTM (CGEITTM) designation.

 

About INTRALOT

INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content and sports betting management, to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting & Video Lottery operations and its leading-edge technology, give INTRALOT a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in 50 countries, with approximately 4,500 people and revenues of €835,5 m. for 2007, INTRALOT has established its presence on all 5 continents.