Introduction:

This Key Management Policy sets out the guidelines and procedures for the management of cryptographic keys used for protecting sensitive data in AppCan Ltd.  This policy applies to all employees, consultants, and third-party partners that have access to the cryptographic keys.

Purpose:

The purpose of this policy is to ensure the confidentiality, integrity, and availability of AppCan’s sensitive information by establishing proper procedures for key management.

Policy:

1. Cryptographic keys must be generated, distributed, and stored in a secure manner.

2. Each employee responsible for the generation, distribution, or storage of the cryptographic key must be properly trained on the procedures.

3. The organization must maintain an accurate inventory of all cryptographic keys.

4. Cryptographic keys must be rotated on a periodic basis, according to a schedule established by the organization.

5. The organization must have a procedure for the revocation and replacement of cryptographic keys.

6. The organization must have a backup plan for cryptographic keys, including a secure off-site storage location.

7. Cryptographic keys must be protected by multi-factor authentication.

8. The organization must ensure that the cryptographic keys are not vulnerable to weak encryption algorithms or other known vulnerabilities.

9. The organization must conduct an annual review of its key management procedures and update them as necessary.

Enforcement:

Any employee who violates this policy may be subject to disciplinary action, up to and including termination. Consultants and third-party vendors who violate this policy may have their contracts terminated.

Conclusion:

Proper key management is critical for the protection of sensitive information. By adhering to this Key Management Policy, AppCan can protect its information assets and minimise the risk of a data breach or loss.