ISO 27001 is the only international standard that outlines the specifications for an ISMS and can be audited. (management system for information security). An information security management system, or ISMS, is a systematic approach made up of people, technology, and processes that are intended to help you protect and manage all of the information related to your company so that you may engage in effective risk management.
If your information Security Management System(ISMS) conforms with ISO 27001, you will be able to recognize and address security threats by your organization’s risk appetite and tolerance. This is because the foundation of an ISMS that complies with ISO 27001 is business-driven risk assessments. What specific benefits will this have for your company, though? The five reasons listed below outline how ISO 27001 certification would help your company:
- Any Potential Security Issues Will Not Affect Your Reputation
One of the most obvious advantages of having ISO 27001 certification is that it will help you to protect yourself from any security hazards. This includes both malevolent hackers hacking into your company and data breaches brought on by human error on the part of workers or other internal actors. By using the framework offered by ISO 27001, you may improve your organization’s performance across the three cyber security pillars of people, processes, and technology. The Standard can be used to assist you to decide what regulations are relevant, what technology will protect you, and what staff training will help you prevent mistakes.
- You Won’t Incur Legal Penalties
With the use of ISO 27001, businesses can escape the severe fines associated with their failure to adhere to data protection regulations like the GDPR. GDPR, or General Data Protection Regulation. In reality, there are many similarities between the Standard’s structure and the GDPR, and organizations can apply its guiding principles to develop and uphold compliance with the GDPR. ISO 27001 can help you with other frameworks as well, but GDPR is one of them. It can serve as the basis for many distinct policies since it adopts an information security strategy that is aligned with industry best practices.
- It Will Protect The Good Name You Have Worked So Hard To Establish
By achieving ISO 27001 compliance, you may demonstrate to stakeholders that you take information security seriously. This will demonstrate to them how seriously you take information security. This can help you gain new clients and customers while also increasing your reputation with those you already have. Some organizations will only cooperate with other organizations if those organizations can show proof that they have been certified to the ISO 27001 standard.
Cyberattacks are growing more prevalent worldwide, including in Europe. These assaults could significantly harm your company’s reputation and hurt it. Information security management systems, or ISMSs, are a wonderful method to safeguard your business and keep it out of the news. Having one that is certified to ISO 27001 is a requirement.
- It Will Help You Organize Your Life Better And Pay More Attention To It
It won’t be long before people start to lose interest in the information security responsibilities that are rightly theirs as organizations develop and grow. With the aid of ISO 27001, you can create a sufficiently adaptable system. This will make it possible for everyone to remain focused on the information security tasks that must be finished. Similarly, to that, it requires organizations to conduct risk assessments once a year. These evaluations help you determine where changes need to be made.
- It Lessens The Need For Routine Audits To Be Carried Out
When a company has achieved ISO 27001 accreditation, it not only demonstrates that its security measures are effective but also eliminates the requirement that the organization undergoes continuous customer inspections. This is because ISO 27001 is a security standard developed by the International Organization for Standardization.
