ISO 27001 certification, which is internationally recognized as the best in IT security, is one of the most important standards. ISO 27001 is also known as "ISO/IEC 27001 — 2017 Information technology — Security techniques — Information management systems — Requirements." In 2005, the standard was created. The standard was updated in 2013 and 2017, as part of a partnership with IEC (International Electrotechnical Commission), an international standards organization.The ISO 27001 framework identifies whether an organization has developed an information security management (ISMS) capable to protect sensitive data.
An ISMS includes more than the software and hardware you use to protect information. It encompasses a set of rules that govern the way you use information. It covers how you store and retrieve information, how to assess and mitigate risk, and how you continually improve data security.
You are ISO 27001 certified if an independent auditor confirms that your ISMS meets the standards.
Why Is ISO 27001 Important?
Many organizations consider ISO 27001 essential because it provides a framework to protect sensitive information. This framework is a major component of helping organizations improve their risk management and identify the strengths and weaknesses in their security efforts. ISO 270001 helps organizations understand the importance of cyber security and emphasizes the importance of ISMS as it increases security throughout a company's entire process.
An organization that uses ISO 27001 to develop and implement new ISMS relies on a living set of documents designed to improve risk management. These documents are often stored online in a knowledge-management system. Companies can use ISO 27001 standards for data and document security.
What Is The Time It Takes To Become ISO 27001 Certified
It all depends on how big your company is and how complex the data you keep.
A small-to-medium-sized business can expect to be audit-ready in an average of four months, then through the audit process in six months. Larger companies might need to wait for a year.
These four months of preparation for audits typically include scoping your ISMS, performing risk assessments and gap analysis, designing and implementing controls, and training staff.
Two stages are required for the six-month certification audit. The auditor reviews ISMS documentation during Stage 1. This is to ensure that policies and procedures have been properly designed. The auditor may make suggestions on how to improve the ISMS of an organization to make it more secure.
The auditor conducts Stage 2 audits to review business processes and controls to verify compliance with ISO 27001's ISMS, and Annex A requirements.
How Much Does ISO 27001 Certification Cost?
The cost for an ISO 27001 audit is dependent on the size of your company as well as your information security management system.
You will have to either fire employees or make new hires to comply with ISO 27001. This is the biggest cost. Security training materials, as well as the audit itself, will be required.
It Is Faster And Easier To Become ISO 27001 Certified
Although ISO 27001 might seem daunting at first glance, the benefits far outweigh the effort. Consider the potential liability payments that could result from data breaches, as well as the cost of damage control. There's a good possibility that certification will help you save time and money.
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