Security Policy
Formal
Rules, directives and practices that govern how assets, including sensitive information, are managed, protected and distributed within an organization and its systems, particularly those which impact the systems and associated elements.
Practical
In business, a security policy is a document that states in writing how a company plans to protect the company's physical and information technology (IT) assets. A security policy is often considered to be a "living document", meaning that the document is never finished, but is continuously updated as technology and employee requirements change. A company's security policy may include an acceptable use policy, a description of how the company plans to educate its employees about protecting the company's assets, an explanation of how security measurements will be carried out and enforced, and a procedure for evaluating the effectiveness of the security policy to ensure that necessary corrections will be made.
