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Should My Business Be ISO 27001 Certified?
Posted: Nov 21, 2022
In the era of technological advancement, the safety of user data plays a significant role in the development and maintenance of the brand image. A small flaw can result in a data leak which can destroy the business's faith, trust, and reputation. An ISO 27001 Certification ensures that the organization complies with the safest standards for information security. The best part of this certification is the coverage of non-IT assets with IT ones.
All-round safety is ensured in the domains of asset security management, intellectual property, financial information, and employee details with the organization or with a third party. With Lead Auditor Training, a business professional can help their organization with good knowledge of Management system standards.
What Is ISO 27001 Certification?This certification is recognized worldwide for information security management systems. A business with the certification provides a testament that its stakeholders and clients manage the security of the information.
Benefits Of ISO 27001 CertificationHaving the relevant certification ensures that the business will protect itself from loss of reputation and information damage during a data breach. Data integrity is also enforced with data organization features, access control, and backup. Affected data is segregated from the rest and is restored. With ISO 27001, a business can safely monitor the access, store, and destroy so that the chances of a breach are the least. Regular threats are mitigated while security breaches can be detected in the nick of time. This way probability of legal prosecution and loss of valuable clients is also mitigated.
With the advantage of an ISO certification, the business gains an edge over its peers. Having the certification adds value to the brand and becomes the unique differentiation point. When the client sees the certification, faith in data protection automatically develops in them. It acts as a boost to credibility and can be the very factor that determines client closure. Global expansion becomes extremely easy as with certification, compliance has already been achieved. Businesses also get entry to certain restricted markets which have such certifications as an entry barrier. Turnaround time is significantly reduced too.
Ironically, the cost of getting the certification is way cheaper than a financial loss due to a data security breach. With ISO 27001 Certification frequency of security breaches is limited and so are the expenses for the resolution of such breaches. Not having the certification, might attract more severe penalties. This way it has a better return on investment and acts as a great insurance scheme for businesses where information is extremely important.
With compliance, decision-making becomes easier in risk management, leading to continuous and consistent growth of the business. Minute decisions like hiring are heavily assisted with this ISO compliance. It also plays a pivotal role in system audits, products and toll acquisition, and reporting breaches or uncommon incidents. With reduced costs and time, it is possible to have the latest version of the ISO 27001 Certification, smooth integration of Environment management, Quality management, IT service management, and continuity management compliances.
With Lead Auditor Training in this compliance, the managers can easily take their role decisions. This way, managers can also determine the access level of information and authorization one might have and avert any possible conflicts of interest and access powers. With ISO 27001 Certification, complete role and responsibility definitions for the employees could be created in the business. Getting the certification in the early stages provides returns after expansion as for senior management, security of information takes precedence.
Having ISO compliance clearly indicates to the clients that the business handles sensitive and non-sensitive information with utmost precaution, which several assurances and conversations fail to provide. Thus, having an ISO 27001 Certification is a must for a business, irrespective of its size, to increase profitability and boost credibility.
Hello, I am the CEO of OSS Certification which is a leading ISO certification services company in India. Our body is renowned for its illustrious Third Party Inspection, Management System Certification, and Lead Auditor Training.