Is it worth implementing an ISO 27001 Standard?

Do you want to?
  1. Strategically manage security/cyber security?
  2. Become a leader in your industry to manage security risk?
  3. Secure information across all areas of your business?
  4. Avoid negative publicity from security breaches?
  5. Protect customer information?
If yes, then ISO/IEC 27001:2013 certification will help you to achieve these.
ISO/IEC 27001: 2013 is the internationally recognized standard for Information Security Management System (ISMS).
 
It sets the policies and procedures an organization needs to protect data and manage sensitive information.
ISO 27001 helps an organization to identify, prevent and address risks, so the organization can demonstrate its business as the system and controls in place to take actions against any threats to its data integrity.
Sometimes, it is difficult to make sure that every employee is aware of your policies and follows them in the same way.
 
With the ISO 27001 standard, an organization will have a robust framework to help the organization define, document, monitor, review and update its security controls, ensuring they will be implemented consistently.
ISO 27001 is designed to cover much more than Information Technology (IT). It concerns information security across all areas of business.
 
According to ISO 27001, you need to consider the following Clauses and Controls,
ISO 27001 is applicable for any organization which wants to demonstrate its commitment to Information Security, whatever its size or sector.

9 Benefits of Implementing ISMS Standards

1. Reduce The Risks of Cyber attack

ISMS encourages an organization to distinguish and evaluate information security risks, it reduces the success rates of occurring cyber-attack.

2. Confidential Information Is Kept Secure

ISMS provides several controls to protect the environment from various threats to improve protection from incidents and data breaches. It helps an organization to keep its confidential information secure.

3. Protect Information

ISMS helps an organization to protect information from getting into unauthorized hands, which increase the security of information.

4. Maintain The Accuracy of Information

ISMS provides a guideline to maintain the accuracy of the information and ensures the modification of information done only by the authorized members.

5. Create and Maintain Information Security Documents

ISMS implementation includes documentation of various policies, procedures and guidelines related to information security. Regular maintenance and upgrade of these documents help an organization to make its information system more secure.
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6. Increase Security Awareness

Information Security Awareness Training helps all the employees of an organization to be aware of security practices which reduces the chance of happening security incident

7. Join Hands With Other Regulation

ISMS covers a broad area that helps to fulfill most criteria of different regulations like GDPR, SOC 2, PIMS, Data Privacy Act and so on, i.e. ISMS implementation helps an organization to practice other regulations also.

8. Transparent Organization Structure

ISMS helps to clearly define a transparent organizational structure that makes all the members aware of their responsibilities.

9. Cultural Change

ISMS shifts an organization toward a more transparent culture focused on information security with improved communication.
These benefits help to understand the worth of implementing ISO 27001 by indicating that, an ISO 27001 implementation will,
  1. Set a benchmark for best security practices
  2. Improve Customer Confidence
  3. Effective Security Posture and Efficient Processes
  4. Increase Competitive Advantages
  5. Fill the gaps and scale to match the organizational growth
  6. Ensures the organization’s reputation by minimizing the chances of security breaches
  7. Transparent Organizational Structure helps in expanding business 
The standard six steps to achieve ISO/IEC: 27001:2013 certification are,
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