As a business owner, you’ve probably heard of ISO 27001 certification, but you might not know what it stands for. There’s also a chance you’re acquainted with this quality standard, but you don’t know how to implement it at the company level.
Nowadays, ISO 27001 has become a necessity for companies of all sizes. Whether you’re a big or small business, you must implement this quality standard as a way of protecting your daily operations. With ISO 27001, you prevent website downtime, protect data integrity, and make sure your reputation remains intact.
So, what is ISO 27001? What are the potential benefits of implementing this standard? Read this article to find out!
What Is ISO 27001?
ISO 27001 is a vital compliance framework that streamlines your cybersecurity protection. Its main goal is to help you safeguard your computer and other electronic devices, networks, and other digital systems.
ISO 27001 was originally published in 2005 by the ISO or International Organization for Standardization. The framework was improved in cooperation with the IEC or the International Electrotechnical Commission. As two organizations spearheading international standards, they’ve created a framework that can function well for all sorts of businesses and public entities.
What Is the Purpose of ISO 27001?
By following the ISO 27001 framework, you're creating a basis for your information security. The standard is meant to define daily security procedures. It also helps you implement different standards and practices, operate computer networks, and improve ISMS or Information Security Management Systems.
Not only is ISO 27001 effective, but it is also cost-efficient. The framework can be implemented regardless of the situation and can counter the modern, sophisticated threats your business might encounter on the web.
With this standard, the companies receive the much-needed know-how. It is a type of “instructions” that show you how to execute daily cybersecurity processes. Once your company receives ISO 27001, your partners and other stakeholders will see that you’re committed to cybersecurity excellence. This sends a strong signal to investors and potential clients.
Although using this framework is the best thing for your data protection, many companies struggle with implementation. This is why it wouldn’t be bad to hire ISO 27001 consulting services to help you out during the entire rollout process.
5 Main Certification Benefits
Using the cybersecurity standard will have a widespread impact on your daily operations. Here are some of the main advantages of introducing this framework:
1. Reduce Security Threats
The main reason why you should introduce the ISO 27001 standard is to mitigate potential threats to your network. Given the sheer number of cyberattacks in the last decade, companies have to do everything in their power to safeguard their private information. What’s worse, these attacks are constantly changing in nature, forcing businesses to continuously improve their protection.
With ISO 27001, you have a critical framework that will prevent website downtime, ensure full data availability, and minimize potential losses caused by intrusions. Your main job is to introduce comprehensive staff training, assess relevant risks, and introduce security policies and controls.
2. Increase Trust
Companies that implement proactive cybersecurity standards, policies, and software enjoy higher trust from their clients and other stakeholders. Given that these companies put emphasis on data protection, clients are more likely to give them their business. Even if something goes awry, customers can rest assured their data is safe with this company.
By having ISO compliance, you demonstrate your dedication to excellent security practices. All of this will, in turn, give you a competitive advantage over other brands. It allows you to seamlessly expand into new markets while also enjoying increased credibility. Ultimately, the certification will win you new contracts and will make it easier to negotiate higher prices.
3. Fulfill Regulatory Requirements
Every business has to worry about certain regulatory requirements. For example, if you’re a medical company, you’ll have to consider all the rules and regulations revolving around patient security. Construction companies have to implement various policies that will ensure the safety of people who live in their homes.
Depending on your business and client's data usage, you also have to worry about information security compliance. Specifically, companies that accrue a lot of information from their clients have to adhere to data protection laws. By introducing ISO 27001, you can show regulatory bodies that you're doing everything by the book.
4. Minimize Human Errors
Following daily cybersecurity policies is especially tough on older employees. Many of them aren't tech-savvy and might struggle to understand different cybersecurity risks. These employees are usually a target of phishing and other hacking tactics, which can jeopardize the company’s entire informational network.
Interestingly enough, almost 90% of all cyberattacks are caused by human error. When you introduce ISO 27001, you can minimize most of these threats. You’ll introduce procedures and policies that your entire team should adhere to. The security standard also teaches managers how they should train their staff and prepare them for modern business challenges.
5. Improve Organizational Focus
With ISO 27001, you sharpen the focus on your organization. Using this standard will help you create a proper organizational structure according to your cybersecurity needs. Among others, ISO 27001 clearly defines roles and responsibilities for each staff member so there’s no overlapping between team members.
The standard assists you in delegating tasks between employees. It enhances your daily decision-making, which will reflect your productivity. Once you have a solid structure, you can eliminate duplicate efforts, minimize your overhead, and ensure that every employee understands their position. All of these things will provide more value for your end clients.
Last Thoughts
ISO 27001 is vital for just about any company. It sets the basis for your daily cybersecurity operations, plugging any vulnerability that your system might have. Most importantly, it provides more clarity in your team by defining roles and responsibilities.
By introducing 27001, you increase the stakeholders’ trust, making it easier to negotiate prices and close deals. So, it isn’t surprising that the best companies in the world spend top dollar for certification.
Website of Source: https://exeo.net/
Source: Story.KISSPR.com
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