The guidelines were adopted following extensive debate among the Australian e-commerce industry and will provide a platform for Australian businesses to trade securely in the global e-market place.
Standards Australia chief executive Ross Wraight said the new international guidelines will remove one of the main impediments to the adoption of e-commerce by boosting confidence in information security.
They will also help organisations improve the way they manage information security -- a critical issue for companies that increasingly rely on electronic commerce, e-mail and the Internet to do business.
"The standard takes a risk management approach to ensure relevant controls are implemented. It includes a best practice description of the objectives, characteristics and factors to consider for 127 controls (in 36 control categories)," Wraight said.
The Code of Practice can be used as a basis for an information security management system, which can in turn be certified.
The international guidelines are in the form of an International Standard entitled "ISO/IEC 17799:2001 Information Technology -- Code of Practice for Information Security Management", which replaces the existing Australian Standards AS/NZS 4444.1:1999.
Standards Australia is the Australian member of the International Organisation for Standardisation (ISO) which includes some 147 member countries.