An information security governance framework is a set of principles, policies, standards, and processes that guide the development, implementation, and management of an effective information security program that supports the organization's objectives and strategy. The framework provides direction to meet business goals while balancing risks and controls, as it helps to align the information security activities with the business needs, priorities, and risk appetite, and to ensure that the security resources and investments are optimized and justified.
References = CISM Review Manual 2022, page 321; CISM Exam Content Outline, Domain 1, Knowledge Statement 1.22; CISM domain 1: Information security governance Updated 2022