The Necessity of ISO 27001 Compliance and Certification in the Growth of an Organisation

1. The Necessity of ISO 27001 Compliance and Certification in the Growth of an Organisation Information or data is one of the most critical business assets for organisations today, which is why companies need to have protocols or policies in place to manage and ensure their information security. In most cases, businesses take a reactive approach to security, choosing methods and solutions not suited to the weaknesses, known or unknown in their environment, resulting in further security problems down the line.ISO 27001 compliance and certificationcan help organisations secure and protect their data against an internationally recognised standard. Understanding the Standard ISO 27001 is a formal standard that specifies the management system required to provide explicit control over information security. It comes with a number of mandatory requirements, including a formal audit of compliance for any organisation wishing to achieve or maintain certification with the standard. When an organisation is ISO 27001 certified and compliant, its management can systematically check the information security risks of the organisation, considering the impacts, vulnerabilities, and threats. Moreover, it shows that there is a specifically designed and implemented suite of data security controls and other risk management solutions. ISO 27001 compliance and certification ensures that the management processes and data security controls implemented, meet the ongoing information security needs of an organisation. The Importance of Certification and Compliance The ISO 27001 standard ensures that the security risks of an organisation are cost-effectively managed. Moreover, adherence to a recognised standard shows business partners and customers that the organisation cares about the safety and security of their information. The standard is critical for improving, monitoring, maintaining and reviewing the information security management system of an organisation and allows customers and partner businesses to gain more confidence in interacting with that organisation in the end. ISO 27001 compliance and certificationis a means to show a clear and solid commitment to information security management and provides a competitive advantage to organisations wanting to assure other companies they are safe to do business with. This consumer confidence also assists with long-term business growth.