ISO 27001 is the international standard that states best practice for an information security management system (ISMS). The standard is applicable to all organisations irrespective of their size, type or nature.
According to the annual ISO survey, over 27,000 organisations worldwide implemented the standard in 2015, a rise of 20% from the previous year which was 23,005 certifications.
We have narrowed down the top five reasons you should be considering ISO 27001:
1. Manage risks to safeguard your valuable data and intellectual property
ISO 27001 provides an approach to identify the threats and vulnerabilities that your organisation is subject to. Implementing and maintaining an ISMS certified to ISO 27001 is the most effective way of reducing the risk of suffering a data breach.
2. Win new business and retain your existing customer base
Certification to ISO 27001 shows your current and potential customers that you are taking cyber threats seriously. It demonstrates credibility and can make the difference between winning and losing a tender.
Certification to ISO 27001 also helps organisations expand into global markets. For example, in Japan and India ISO 27001 certification is a legal requirement.
3. Avoid the financial penalties and losses associated with data breaches
Data breaches are costly and damaging to business. A recent report from IBM stated that the average cost of a data breach is estimated at US$4 million.
ISO 27001 is the recognised global benchmark for the effective management of information assets and enables organisations to avoid costly penalties and financial losses.
4. Comply with business, legal, contractual and regulatory requirements
ISO 27001 is the only auditable international standard that defines the requirements of an ISMS. The Standard is designed to help meet the requirements of various laws and regulations, including the EU General Data Protection Regulation (GDPR), Data Protection Act (DPA) and the Gambling Commission’s Remote gambling and software technical standards (RTS).
5. Improve your processes
ISO 27001 provides a framework to implement policies and procedures across an organisation. This helps to ensure processes are consistent, repeatable and maintainable.
Accelerate your route to ISO 27001 compliance
Accelerate your route to ISO 27001 compliance with the documentation templates and guidance from industry experts in our ISO 27001 toolkit.
Designed and developed by expert ISO 27001 practitioners, and enhanced by ten years of customer feedback and continual improvement, this toolkit provides all of the documents you need for an ISMS that complies with ISO 27001.
A resource to see you through the entire implementation cycle, the No 3 Comprehensive ISO 27001 ISMS Toolkit is includes the ISO 27001 ISMS Documentation Toolkit, risk assessment software vsRisk, leading implementation guidance and the family of ISO 27000 standards.