What is the greatest concern for a risk practitioner regarding an outdated corporate information security policy?

An outdated corporate information security policy raises significant concerns, particularly if it has not been reviewed or updated within a considerable timeframe, such as three years. This is largely due to the dynamic nature of the threat landscape and the constant evolution of technology, regulations, and organizational goals.

Over time, the risks associated with information security can change dramatically due to various factors, including the emergence of new vulnerabilities, changes in regulatory requirements, and the introduction of new technologies or business practices. Failing to review the policy regularly can lead to gaps in security controls and outdated procedures that may no longer address current threats. Additionally, if the policy does not reflect recent changes in the organizational environment, stakeholders may inadvertently follow outdated practices that can compromise security.

Overall, while missing newer technologies or failing to update for new locations are valid concerns, they stem from the broader issue of not having an actively managed and reviewed policy in place. A comprehensive review process ensures that all aspects of the policy, including technology shifts and geographical expansions, are appropriately addressed, making it integral to effective risk management. Thus, the lack of a recent review serves as a clear indicator that the policy may not provide adequate protection against emerging risks.