ISO 27001 is, in fact, the only internationally recognized standard that sets the standards for an information security management system (ISMS) (information security management system). ISMS is a systematic method of procedures, technology, and people that assists you in protecting and managing all of the information in your organization via effective risk management.
Business-driven risk assessments are at the core of an ISO 27001-compliant information security management system, which means you will be able to detect and handle security risks following your organization’s risk appetite and tolerance. Here are five reasons why your organization would benefit from obtaining ISO 27001 certification:
It will safeguard your reputation from cyber-security risks.
The most apparent reason to get ISO 27001 certification is that it will assist you in avoiding security dangers. There are two types of data breaches: those caused by cyber thieves hacking into your organization and those caused by internal actors making errors. As a result of ISO 27001’s architecture, your organization will have the tools it needs to boost its cyber security posture across the three pillars of cyber security: people, processes, and technology. You may use the standard to identify the essential rules you need to publish, the technology you need to defend yourself against threats, and the staff training you need to prevent making costly errors.
You’ll avoid regulatory penalties by following these guidelines.
The International Organization for Standardization (ISO) 27001 helps organizations avoid the severe fines associated with non-compliance with data protection standards such as the General Data Protection Regulation (GDPR) (General Data Protection Regulation). Indeed, the architecture of the standard has many characteristics with the General Data Protection Regulation, and organizations may utilize its instructions to attain and maintain compliance. However, actually, the General Data Protection Regulation (GDPR) is not the only framework that ISO 27001 can assist you with. The fact that it takes a best-practices approach to information security implies that it is a good starting point for various requirements.
It will help you maintain your good name.
By demonstrating to stakeholders that you are committed to information security, you may show your commitment to the ISO 27001 standard. This will assist you in gaining new business while also enhancing your reputation among current clients and clients. Some businesses will only do business with organizations that can show that they have achieved ISO 27001 certification. Cyber assaults are on the rise throughout Australia and the rest of the globe, and they may have a significant effect on your organization’s image as well as its bottom line. An ISMS (information security management system) certified to ISO 27001 helps secure your organization and keeps you out of the news media.
It will help you to be more organized and focused.
With the constant evolution and expansion of organizations, it won’t be long until individuals lose sight of their obligations in terms of information security. With ISO 27001, you can design a flexible system to allow everyone to keep their attention on information security duties while maintaining compliance. In a similar vein, it mandates organizations to do yearly risk assessments, which assist you in making adjustments where they are needed.
It lessens the need for periodic audits of the system.
Achieving ISO 27001 accreditation is widely recognized worldwide and indicates excellent security, which reduces the need for recurring customer audits.