ISO 27001 is about information, and managing the risks and warnings that can infect its confidentiality, honesty and availability. If you think, only big companies have the risk of data theft, also small companies are equally affected by it. ISO 27001 is applicable to all organizations regardless of their type and size.
However, the effectiveness of such a policy is decided by how well these controls are organized and monitored. The ISO 27001 certification standard offers a well-known framework to implement industry best practices in areas like security incident management and physical security.
But the difference is that in a competitive industry, organizations that take data security and consumer's privacy seriously are more trustworthy than those who don't. Being certified for ISO 27001 enhances your value premise. Being compliant to ISO 27001 can increase the credibility of your company in the following ways:
ISO27001 provides a methodology for identifying threats and helplessness that may lead to security risk. With the proper security controls in check, the risks can be prevented from occurring and reducing at the starting. ISO 27001 determines that you have an energetic approach regarding information security risks and your organization has affected the best practices to minimize threats. ISO 27001 compliance is a major entry need to access global market. ISO 27001 certification demonstrates credibility when tendering for contracts and can make the difference between winning and losing tenders. ISO 27001 is the accepted global benchmark for the effective management of information assets, enabling organisations to avoid costly sanction with the cause of non-compliance with data protection requirements and financial losses due to data breaches. Initially, being compliant to ISO 27001 may appear to be costly but in the long run, it might prove to be the most profitable investment when the situation comes occur less frequently and when you can reduce expenses to overcome those situations. Implementation also permits organisations to provide informed decisions based upon risk management and the continuous improvement cycle. Implementation of the latest version of the standard, ISO 27001: 2013, ensures C-level corporate governance through an automatic integration of all other standards, like Business Continuity Management ISO 22301, IT Service Management (ISO 20000-1), Quality Management (ISO 9001) and Environmental Management (ISO 14001). Due to the similarity in their structures, managers can adapt a system of integrated procedures based upon the standards, thus saving time and financial costs. The standard also makes sure data integrity with the help of its access control, data backup and data organisation procedures. This allows the separation of affected data from the rest and repairing it in the instance of a security breach. ISO 27001 Compliance reduces the need for frequent audits as well as it removes the hassle of completing in-depth security questionnaires and responding to auditors for every new client. ISO 27001 Certification provides a globally accepted sign of security effectiveness which reduces the number of external customer audit days. In ISO 27001 Certification involves undertaking regular reviews and internal audits of the Information Security Management System to ensure its continuous improvement. With ISO 27001, companies need to upgrade their Information Security Management System (ISMS) to ensure its sustainability, adequacy and effectiveness. Also this continual improvement allows the company to cope up with the ever changing dynamics of various cyber threats.For organizations that hold personal data of the clients, maintaining data privacy should be treated as the top most priority. While implementing the process, companies often face problems in defining the roles and responsibilities to protect information assets.
Source :
https://27001securitycertification.wordpress.com
About the Author
Dacey Lyle has published so many articles regarding ISO Certification Documentation. As ISO Consultant profession since last many years Dacey has rich experience in preparing such certification documents within ISO guideline to her global clients to
