What is ISO 27001?
ISO 27001 is the only auditable international standard that defines the requirements of an ISMS (information security management system).
An ISMS is a set of policies, procedures, processes and systems that manage information security risks, such as cyber-attacks, hacks, data leaks or theft.
Certification to ISO/IEC 27001 demonstrates that an organisation has defined and put in place best-practice information security processes.
Not all organisations choose to get ISO 27001 certified; some just use the Standard as a framework for a best-practice approach to information.
Why is it so important?
Unlike standards such as GDPR or HIPAA that primarily focus on one type of data (customer information or personal health privacy), the ISO 27001 encompasses all kinds of business data that is stored electronically, in hard copies (physical copies like paper and post) or even with third-party suppliers.
The ISO 27001 certification is applicable to businesses of all sizes and ensures that organizations are identifying and managing risks effectively, consistently and measurably.
Being ISO 27001 certified gives companies a number of advantages:
It will protect your reputation from security threats.
You’ll avoid regulatory fines.
It will protect your reputation.
It will improve your structure and focus.
It reduces the need for frequent audits.