ISO 27001 defines the requirements of an ISMS. It is the only internationally auditable standard.
An ISMS (information security management system) is a method that involves technology, people, and processes. It helps to protect and manage all information within your organization through effective risk management.
An ISO 27001-compliant ISMS must include business-driven risks assessments. These will allow you to identify and manage security threats based on your organization’s risk appetite.
ISO 27001: 2013 (the latest version of ISO 27001), is one the most popular information security standards worldwide. To demonstrate the strength of their information security management, increasing numbers of companies have achieved ISO 27001 certification.
While ISO 27001 compliance was originally about having a competitive edge in the market, ISO 27001 certification is becoming the standard for best-practice information safety. This certification will be a requirement for tenders or renewals. It can be the difference between winning or losing those important tenders if you adhere to the standard.
What does this mean for your organization? Here are five benefits your organization will get from ISO 27001.
- It Will Protect You Reputation From Security Threats
Security threats can be avoided by certifying to ISO 27001, which is the most obvious reason. This includes cybercriminals breaking into an organization as well as data breaches due to internal actors making mistakes.
The Standard allows you to identify and document the policies that are important to you, as well as the technologies you should use to protect yourself and your staff.
- You Won’t Be Subject To Regulatory Fines
ISO 27001 can help organizations avoid costly penalties when they fail to comply with data protection requirements like the GDPR (General Data Protection Regulation).
The Standard’s framework shares many similarities with the GDPR. Organizations can follow its guidelines to attain and maintain compliance.
However, the GDPR is not all that ISO 27001 can provide. Its best-practice approach in information security makes it a good starting point for any number of regulations.
- It Will Protect Your Reputation
If you achieve ISO 27001 compliance, it will show that you value information security.
This will enable you to gain new business and improve your reputation among existing clients and customers. Some organizations will only work with those who can prove that they are ISO 27001.
These can have a significant impact on your company’s reputation and business. An ISO 27001-certified ISMS is an information security management system that helps protect your organization.
- It Will Improve Your Focus And Structure.
It is not uncommon for people to lose sight of their responsibility regarding information security as organizations grow and adapt.
ISO 27001 can help you create a system that is flexible enough to allow everyone to keep their attention on information security tasks. The system also requires organizations to perform annual risk assessments. This helps you make the necessary changes.
- This Helps To Reduce The Need For Frequent Audits
ISO 27001 certification can be globally accepted. It shows effective security and decreases the need for repeat customer audits.
- Compliance Of Commercial, Contractual, And/Or Legal Responsibilities
Good control identifies all the relevant legislative, regulatory, contractual requirements. The organization’s approach should also be documented, kept up-to-date for each information and the organization.
ISMS.online makes information security compliance much simpler. Built-in approval and reminders for reviews make life easier. This also gives auditors a living plan’ that shows they are in control of your ISMS.
There are many advantages to implementing ISO 27001 into your organization. It will lead to a stronger company model, greater longevity, and an information management system that you can be proud of.