The benefits of ISO 27001
You may want to implement an ISO 27001 Information Security Management System (ISMS) to help deal with the cyber security challenge. Additionally, large organisations are more frequently requesting their suppliers have ISO 27001 certification as evidence that they are trustworthy. Whatever your motivation, you’ll have a more resilient business when you get ISO 27001 certified.
There are three overarching objectives of ISO 27001:
Confidentiality – ensuring access to information is appropriately authorised
Integrity – safeguarding the accuracy and completeness of information and processing methods
Availability – ensuring authorised users have access to information when required
Additionally, there are a number of benefits of ISO 27001 that you can enjoy once you’ve implemented your Information Security Management System and had it certified:
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Key benefits of an ISO 27001 information security management system
Win new business
ISO 27001 provides evidence that you are credible and trustworthy. It helps you achieve ‘preferred supplier’ status and win more tenders.
Protects your organisation
An ISMS improves defences to reduce the risk of information security breaches including identity theft. It’s one of the best cyber security measures you can take.
Limits damage
Steps taken toward ISO 27001 certification will help minimise the severity of losses of data and the time taken to recover.
Embeds best practice
The policies, processes and procedures required to achieve ISO 27001 certification will continually improve due to the Plan Do Check Act (PDCA) principle of the system.
Reduces errors
Prevention is always better than cure. An ISMS helps you implement disciplines that minimise the chance of accidental leaks.
Relevance and accuracy
As well as enhancing security, ISO 27001 introduces discipline in managing the relevance and accuracy of stored information.
Authorisation
Access to information and the ability to modify it is managed more effectively with authorised users appropriately vetted
Cost savings
Because ISO 27001 reduces the possibility of an information security breach, you are less susceptible to lost business and fines.
Enables compliance
ISO 27001 helps ensure relevant laws (including GDPR), regulations and contractual requirements are met.