Why should I get ISO 27001 certification?

Organisations have implemented controls in one way or another as a result of the increased attention being paid to information security management. However, how their deployment is observed and managed has a significant impact on its success.

Short-sighted organisations only implement security measures that address particular IT domains, not other non-IT assets. This makes these non-IT assets more vulnerable. With the introduction of the ISO 27001 standard, these problems were resolved.

You may also be interested in other articles in our series on ISO27001.

• 5 benefits of ISO 27001 certification
• What Is ISO 27001?
• What is an ISO management system?
• How do I become ISO certified?

Gaining a Competitive Edge

It’s challenging to stand out in a crowded market. Your value proposition is enhanced by ISO 27001 certification. It might give you a special way to set yourself out from your rivals.

How? Achieving ISO 27001 accreditation can help your business stand out in the following ways:

The ISO 27001 accreditation demonstrates to your clients that you take preventative measures against threats to information security and that your business uses best practices to lessen those risks. Your credibility increases if your organisation has ISO 27001 certification. Having this particular certification can make a big difference in whether a tender submission is accepted or rejected.

Compliance with ISO 27001 may be necessary for access to international markets. It will enable you to compete with foreign rivals, and in some nations, compliance with ISO 27001 is a crucial admission condition. Compliance with ISO 27001 eliminates the trouble of replying to auditors and filling out lengthy security questionnaires for each new client. Organisations with ISO 27001 certification are able to demonstrate a quick turnaround time when submitting tenders to their potential clients because the majority of clients want ISO 27001 as a prerequisite or at least with security measures equal to ISO 27001.

Keeping Away From Financial Losses Due to Security Breaches

Do you fear that adhering to ISO 27001 may be expensive? Well, it could cost you more to do nothing. The price of compliance should be compared to the potential expenses of data breaches and service interruptions.

Consider the following details while calculating these costs:

• Implementing information security may appear to be a cost, but it turns out to be a wise investment when issues are resolved more cheaply and less frequently.
• Due to the fact that ISO 27001 is a widely recognised standard for information security of information assets, adherence to the standard can assist organisations in avoiding potential severe fines and penalties.
• Organisations can make well-informed decisions throughout the implementation that are based on risk management and the cycle of continuous improvement. Deciding how many people need to be hired, what tools should be obtained, which systems should be examined, and how problems should be addressed, this aids managers in proactively determining their overall analysis of cost-benefit or return on investment.

Providing Data Integrity and Privacy

Most organisations, especially those that handle their client’s personal data, place high importance on maintaining data privacy and integrity. A successful method for ensuring information security management and lowering the risk of data breaches is an information security management system (ISMS). Because of the following reasons, you should think about implementing and managing an ISO 27001-based ISMS for your organisation:

Data storage, access control, safe usage, and data destruction are all made possible by ISO 27001.

Regular threats to your information are easier to recognise, manage, and lessen in severity thanks to ISO 27001’s systematic methodology.

Being an ISO 27001 compliant business improves the security of your information assets, which lowers the likelihood of facing legal action and losing customers’ trust due to data breaches.

The ISO 27001 processes give you the ability to quickly identify a security breach incident and take appropriate action.

The standard’s access control, data backup, and data organisation methods also guarantee data integrity. In the event of a security compromise, this enables the isolation of the impacted data from the remainder and allows for correction.

Definition of Information-Handling Roles and Responsibilities

Even though it may be the most overlooked factor in achieving ISO 27001 compliance, it is nonetheless crucial. It is just a matter of time before an organisation that has seen rapid development encounters issues with the roles and duties of information assets. By aiming for ISO 27001 compliance, you inevitably develop your organisational structure and clarify roles and duties.

Frequently Asked Questions from our Customers