MField MEA Policy and Security Incident Plan (PSIP)

1. Introduction

• Purpose: This document outlines the policies and procedures for managing security incidents at MField MEA to protect sensitive data, ensure business continuity, and minimize impact.

2. Scope

This plan applies to all employees, contractors, and third parties involved in operations at MField MEA.

3. Policy Statement

MField MEA is committed to maintaining the confidentiality, integrity, and availability of its information assets. Security incidents will be promptly identified, assessed, managed, and reported to mitigate risks effectively.

4. Roles and Responsibilities

• Executive Management: Responsible for overall policy oversight and funding for security measures.
• Security Team: Implements and monitors security controls, responds to incidents, and coordinates recovery efforts.
• Employees: Responsible for adhering to security policies and reporting incidents promptly.

5. Incident Management Process

5.1. Incident Identification and Reporting

Employees who suspect or identify a security incident must immediately report it to the IT Helpdesk or designated security contact.

An incident report should include:

• Date and time of incident discovery
• Description of incident and affected systems
• Initial assessment of impact

5.2. Incident Triage and Assessment

The security team assesses reported incidents to determine severity and impact on business operations.

Incident severity levels are categorized based on predefined criteria (e.g., low, medium, high) to prioritize response actions.

5.3. Incident Response

Upon confirmation of an incident, the incident response team will:

• Activate the Incident Response Plan (IRP)
• Contain and mitigate the incident to prevent further damage
• Preserve evidence for forensic analysis if necessary
• Communicate with stakeholders as appropriate

5.4. Recovery and Lessons Learned

Once the incident is contained, recovery efforts begin to restore affected systems and data.

A post-incident review is conducted to analyze the incident response effectiveness and identify areas for improvement.

6. Communication and Notification

Communication protocols are established to notify affected parties, including employees, customers, and regulatory bodies, as required by applicable laws and regulations.

7. Training and Awareness

Regular security awareness training is provided to employees to educate them about security threats, incident reporting procedures, and their roles during an incident.

8. Testing and Continuous Improvement

The Incident Response Plan (IRP) is tested periodically through tabletop exercises and simulations to evaluate preparedness and identify gaps for improvement.

9. Compliance

This plan complies with relevant laws, regulations, and industry standards governing information security and incident management.

10. Review and Revision

This policy and plan will be reviewed annually and updated as necessary to reflect changes in technology, business processes, and security threats.

11. Approval and Adoption

This Policy and Security Incident Plan is approved by executive management and communicated to all employees upon adoption.