Data Security is Crucial in Business: Here’s How ISO 27001 Helps in That

Dec 3
17:38

2020

Alex Afford

Alex Afford

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This article will elaborate on the significance of ISO 27001 certification for information security management in business. It explains why every business, regardless of its size or type of operations, should achieve and maintain it.

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Information security is nowadays considered a global agenda,Data Security is Crucial in Business: Here’s How ISO 27001 Helps in That Articles with even international agencies like ISO building a framework of regulations to restrict the attack on information security. ISO 27001 certification is the biggest pillar introduced by ISO to help businesses fight against cyber-attacks and information breaches. It specifies certain procedures for the ISMS (information security management system) of a business which will help in protecting all its information, from client information and employee details to management’s vital decisions. It identifies the risks to information security while securing the valuable assets of the company (including intellectual property).

With organizations all around the world seeking assured ways to ensure security for the data they gather and use to run their business, getting their ISMS certified with ISO 27001 is the right choice! When ISMS establishes procedures and regulations as per certification, it will not only ensure protection from cyber-attacks or privacy infringements, it will also prevent human error in data management and the chance of data loss. Therefore, the benefit of ISO 27001 certification to businesses are far-reaching. This article explains this in more detail.

Applies to Almost all Industries

ISO 27001 is not a standard specific to an industry, such as ISO 13485 for medical device supplies or AS9100 certification for aerospace. Since it addresses information security, ISO 27001 is not only meant for the IT (Information Technology) industry. The standard is about protecting any sensitive information, whether it is IT or non-IT related. Also, whether your organization is a small company or a big business, or a profitable or non-profit organization, this information security certification applies to it. Different sectors that are especially benefitted by ISO 27001 certification are IT companies, financial institutions, telecommunication services providers, government agencies, research centers, medical and healthcare institutes, defense organizations, knowledge process outsourcing (KPOs), and every other organization that deals with any sensitive data.

Protects Vital Client Information

The key idea behind a business to get certified with ISO 27001 is to protect its confidential client information. Clients or customers share many personal details including contact IDs and financial credentials with a company while purchasing a product or requesting a service. So, the company needs to provide reassurance to every customer that their data is safe and stored in the information system, preserving their integrity.

Uniform Management of Information Security

The ISO 27001 standard signifies the implementation of an appropriate, comprehensive ISMS that will put the fundamental procedures for data security management in place. Each member of the organization who is collecting, using, or saving the information needs to follow the practices or procedures. From maintaining password-protected databases to encrypting the passwords and authenticating the users before login into a system, there are many basic practices that every organization needs to incorporate in their information security management. While some members of the organization might follow them, some might not. However, they are compelled to follow when there is a certification due to the management’s interest in strengthening the security. Therefore, there is a uniform management system to protect all the crucial information flowing in and out of the organization’s IT systems.

The need for ISO 27001 certification in businesses is inevitable! It is beneficial to almost every business, from small service companies to big enterprises, financial organizations to outsourcing agencies, the list will go on and on. Basically, each of these businesses need to protect the information that they get from their client, employees, investors, suppliers, partners, or any other stakeholder to demonstrate their reliability. Along with considering the certification as a tool to ensure data security, it should be also seen as a benchmark of trustworthiness for the stakeholders of the company. It gives them confidence that their information will be secured and used with the utmost integrity.