5 benefits of ISO 27001 certification

The only worldwide standard that can both be audited and outlines the specifications for an ISMS (information security management system), is ISO 27001. An ISMS is an integrated methodology that is made up of people, technology, and processes that enables you to manage and safeguard all of the information in your organisation through effective risk assessment.

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5 benefits of ISO 27001 certification

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Your reputation will be shielded from security risks

The most obvious benefit of ISO 27001 certification is that it will assist you in managing security threats. This covers both data breaches brought on by internal actors making mistakes and cybercriminals breaking into your organisation. The architecture of ISO 27001 ensures that your organisation has the tools necessary to reinforce its defences against cyberattacks across the three pillars of cyber security: people, processes, and technology. The standard can be used to pinpoint the pertinent policies you need to record, the safeguarding technology, and the staff training necessary to prevent errors.

You are more likely to not incur legal penalties

You have seen the breaches and the terrible consequences for those firms reported in the news. According to the Ponemon Institute, the average cost of a data breach has already increased to roughly $4 million as measured on a global scale. Few people have that much money to spare, and even fewer want to spend it on repairing damages of that nature. You will be required to identify potential threats and vulnerabilities to the scope of your ISMS as part of the creation, the implementation, and maintenance of your ISO 27001 certification.

Organisations can avoid expensive fines by adhering to data protection regulations like the GDPR (General Data Protection Regulation). thanks to ISO 27001. In fact, the framework of the standard and the GDPR is very similar, and organisations can use its instructions to achieve and maintain compliance. But ISO 27001 can assist you with more frameworks than only the GDPR. e.g., other international data protection regulations. It is a good place to start for a variety of regulations due to its best-practices approach to information security.

It’ll safeguard you and your businesses reputation

This one should go without saying, but ISO 27001 actually helps you set up a very secure data security management system. You will gain an understanding of your own security environment and the most recent digital defence techniques through deployment. Through an audit of what you’re doing correctly but, more significantly, what needs to be improved, you’ll learn about best practice data management. You will learn how to safeguard your assets using strategies incorporating confidentiality, safeguarding, and authorisation procedures as well as the specific risks that put your organisation at risk.

You may show stakeholders that you take information security seriously by obtaining ISO 27001 compliance. You’ll be able to attract new clients and customers as well as improve your standing with current ones by doing this. In fact, more and more businesses will now only cooperate with entities that can vouch for their ISO 27001 certification. Cyber-attacks are becoming more frequent throughout Europe and the rest of the world, and they can significantly harm your company’s reputation. An information security management system (ISMS) with ISO 27001 certification helps safeguard your company and keeps you out of the news.

It will enhance your focus and organisation

It won’t take long for people to lose sight of their obligations related to information security when organisations change and expand. With ISO 27001, you may design a system that is adaptable enough to guarantee that everyone keeps their attention on information security-related duties. Similar to this, it mandates that businesses do annual risk assessments, which enable you to adjust as needed.

Cyber strategy is prioritised in ISO 27001’s certification process. The goal of qualified auditors is to address your risks and reduce security breaches. They will lay out goals and objectives in a workable manner to specify who is responsible for data security on your team. You can produce paperwork that can be updated and used as a guide for years to come with the aid of the certification process.

Bestows a quality seal on you

Being ISO 27001 certified has wonderful effects on your reputation, which is still another key advantage. This accreditation demonstrates to the business community that you are a legitimate and reliable organisation because it is internationally recognised and externally assured. Because it shows that you are committed to cyber security and are in conformity with laws like GDPR, it will naturally increase client confidence. It will put you ahead of other businesses that aren’t certified and give you access to new contacts and sectors.

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