Data is the most valuable and sought-after resource across the globe. Cybercriminals are taking the opportunity of the data and exploiting the vulnerabilities within the companies to get access to and retrieve the desired information, including personally identifiable PII, intellectual business properties, and financial data.
Implementing the policies and standards within the business reduces the risk of cyberattacks and ensures the integrity and confidentiality of sensitive information or data. According to international standards, the ISO 27001 series helps with information security management processes that maximize information protection.
Let's dive a bit deeper into ISO 27001 in detail.
What is ISO 27001?
ISO is known as International Organisation for Standardization. The main objective of its existence is to convert the various concepts and standardize the international scale. The ISO 27001 requirements for the Information Security Management System (ISMS) and its implementation are necessary.
ISMS has a list of rules, policies, and separate documentation in which the company has to create, identify and mitigate the risks that set clear security objectives for the company to achieve the controls and strive to make continuous improvements towards security.
ISO 27001 is like a Plan, Do, Check, Act strategy. Its continuous lifecycle gives businesses the power to proactively manage risks and protect their crucial information assets. It also outlines the different approaches to managing information systems and overall security.
Implementation of the Security ISO 27001
During the implementation of ISMS, it is pivotal to start with a security risk assessment. The security risk assessment determines the overall health of the systems before determining the controls and objectives to address. If needed, some businesses also consider cybersecurity as-a-service, which helps them save money, time, transfer, and the associated cyber risks to the alternate entity.
Types of Security ISO 27001 Controls
Technical controls - These controls focus on the software, hardware, and firmware aspects, including patching, intrusion, firewalls, and authentication mechanisms. It helps the technology, as opposed to people, and reduces the total vulnerabilities.
Organization controls – It is primarily approved by the management that revolves around the documentation and policies. This set of documentation provides the standards for organization requirements regarding the organization's cybersecurity and information security.
Physical controls – The physical controls implemented in the tandem facilities. It is mainly focused on the physical security of the organization.
Legal controls – The legal controls focus on the organization's rules and non-disclosure contracts and agreements.
Human resource controls - focuses on the employees and training that is provided to the staff. Specialized training like security awareness and internal auditor training will be given to succeed with the cybersecurity practices to focus on this category.
Advantages and Benefits of ISO 27001 certification and ISMS implementation
The main objective of the business that implements the ISMS measures is to reduce the overall risk of potential cyber threats and attacks.
Having proper ISMS in place, auditors can verify the controls and certify the organization. When your business becomes ISO 27001 certified, there will be a positive shift in the market.
If the organizations don't safeguard the information, the government may oversight and intervene and fine the company, so by implementing the standards, the organizations can avoid massive fines.
By implementing the ISO 27001 certification, organizations can switch to a Cybersecurity culture shift. It grows the organization's reputation by establishing a sense of digital trust.
Summing it up
ISO 27001 is the robust standard and certification that simplifies concepts and focuses on the development and requirements necessary for establishing the robust Information Security Management System. By achieving the ISO 27001 certification, many aspects include mitigation of cyberattacks, trust among customers, and growth of cybersecurity culture within the organization. Although various steps are involved in the implementation process, it is organized into different controls and implemented at the most convenient intervals.