An ISMS (Information Security Management System) is a structured framework of policies, processes, and controls used to manage and protect an organisation’s information assets. The purpose of an ISMS is to ensure the confidentiality, integrity, and availability of sensitive information across people, technology, and operational processes. Most organisations implement an ISMS using internationally recognised standards such as ISO/IEC 27001. An effective ISMS involves identifying information security risks, implementing appropriate security controls, monitoring threats, and continuously improving security practices. In Australia, ISMS frameworks are widely used by government agencies, financial institutions, and technology companies to meet regulatory requirements and demonstrate strong cybersecurity governance. An ISMS also supports compliance with regulations such as APRA CPS 234 and data protection obligations. By adopting an ISMS, organisations establish a systematic approach to managing cyber risk and maintaining resilience against evolving cyber threats.

MyRISK is highly relevant to an information security management system because it helps make the ISMS operational. It can connect policies, risks, controls, evidence, assessments, issues, and management review reporting into one structured environment. This supports continuous improvement and reduces the gap between documented intent and lived practice.