Information Security in IT, ICT, ITES sectors and associated activities is a vital solution in
safeguarding tomorrow’s information society and its systems. Statistical analysis proves that only
40% of UK companies have a policy for information security in a market where only one in six
companies survives without IT (ENISA, 2008). This paper explores the parameters of the conceptual
triple helix model in context of the synergy among IT, ICT and ITES. Based on a study of the
different models employed by UK governmental authorities, the scope of this paper is to develop a
model of triple helix to be employed by the IT regulatory authority of UK. This paper evaluates
statistical and conceptual data from European Network and Information Security Agency (ENISA),
business models for outsourcing, activities of existing UK government authorities (and organisations)
regulating best practice of information security in industry and society. Hence the hypothetical triple
helix model would centralize the activities of regulatory authority. It would also facilitate change in
the industry and market towards a best practice of information security without distressing the flow of
existing business systems
