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Service Oriented Architecture (SOA) is a modern methodology for developing software. In a short period of time, SOA is being adopted by many companies because of the extensive advantages it guarantees. Service governance plays a vital role in determining the success and failure of a SOA project. Service governance can be defined as the process which governs the mechanisms applied in SOA. It is a vast field that has various branches. This paper focuses on the current security and privacy issues which prevail in the governance of SOA projects. Security and privacy are critical aspects of SOA. SOA projects with good quality attributes but with weaknesses in these two areas still can make the project a failure. Thus security and privacy are vital factors that have to be considered while developing a SOA project. After identifying the security and privacy issues, we propose an approach to address these issues. This approach acts as a solution for security and privacy problems faced by SO A projects in the service governance context. The paper gives an approach for service governance framework that deals with the security an problems of SOA. Furthermore the derived approach is implemented in a healthcare website application for demonstrating how security issues are tacked.