Final answer:
Security management entails practices that help in directing an organization's security efforts and is intertwined with corporate and IT governance. It includes HR, corporate management, and security safeguards to protect assets and ensure business continuity.
Step-by-step explanation:
Security management is the collection of practices related to supporting, defining, and directing the security efforts of an organization. Security management is closely related to and often intertwined with corporate and IT governance. It encompasses various responsibilities including Human Resources, Institutional & Corporate Management, Equal Opportunity Programs, and implementing effective Security Management & Safeguards. The focus is to protect the assets of the company, which includes its people, information, and other resources. The goal is to mitigate risk and ensure business continuity. By aligning security policies with business objectives, organizations can create a secure environment that enables growth and maintains compliance with relevant laws and regulations.