21 Dec 2021

ISO 27001

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What Does ISO 27001 Mean?

ISO 27001 is an information security management system standard. It specifies requirements for a security policy, what to do if the security of your company’s assets are breached, and how to do it. In short terms, it is a documentation of what needs to be done by an organization with regards to information security and why they need to be implemented. The standard was created by the International Organization for Standardization (ISO), which is the world’s largest developer of voluntary international standards.

What Is an Information Security Management System?

An information security management system (ISMS) is a systematic approach to managing risks that may arise from the use, processing, storage and transmission of information. It’s basically a checklist of things an organization needs to do when it comes to information security. ISO 27001 is one of the most common standards used to manage information security. It is intended for all sizes of organizations, regardless of industry or sector.

What is the Current ISO 27001 Standard?

The current version of ISO 27001 was published in November 2013. Like other ISO standards, it’s a living standard which is constantly evolving to meet the needs of businesses and information security professionals. ISO 27001:2013 shows that the latest version of this standard was updated in 2013. The standard was developed and updated by using various risk management methods such as:

Threat And Risk Assessment
Security Policy Development
Business Continuity Planning
Policies, Procedures and Guidelines Development

What Does ISO 27001 Address?

The main clauses of ISO 27001 covers areas such as:

The Management Of Information Security
Contractual Agreements
Change Control
Access Control
Business Impact Analysis
Incident Response
Continuity Planning For Business Operations and Services
Technical Security Controls To Protect Assets And Confidentiality, Integrity and Availability
Physical Security Controls
Personnel Security Controls

Why Is ISO 27001 Important?

ISO 27001 is important because it aids in the protection of information assets under the organization’s care. This includes physical assets stored in a server room as well as intellectual property, customer data, and other confidential information. ISO 27001 helps to protect all of these assets by specifying the controls that need to be in place to mitigate the risks associated with them.

What Are the Benefits of ISO 27001?

There are many benefits of ISO 27001, but some of the most notable include:

The ability to protect information assets
Improved compliance with regulations
Enhanced customer confidence
Reduced costs associated with data breaches

How Can ISO 27001 Help My Business?

If your business is looking to improve its information security, then ISO 27001 is the standard for you. It provides a framework that can be adapted to meet the specific needs of your organization. By implementing ISO 27001, you will be able to protect your information assets from harm and demonstrate to customers and regulators that you take information security seriously.

ISO 27001 can help your business by specifying the controls that need to be in place to mitigate the risks associated with information security. This includes the implementation of risk management processes, security controls, and disaster recovery plans. If you’re looking to improve your information security posture, ISO 27001 is a good place to start.

Who Needs to Implement ISO 27001?

ISO 27001 is not just for large enterprises. It can also help small and medium-sized businesses (SMBs) to protect their information assets and achieve compliance with regulations such as HIPAA, GLBA, FISMA, and EU GDPR. Implementing ISO 27001 can also help SMBs secure valuable government contracts, which are often only available to organizations that meet certain security standards. In other words, ISO 27001 is helpful for any organization that wants to protect their sensitive information from getting into the wrong hands. The following are some examples of companies that would be highly recommended to implement ISO 27001:

Banks
IT Firms
Healthcare Organizations
Municipalities
Manufacturing Companies
Educational Institutions
Law Firms

What is ISO 27001 Certification?

ISO 27001 certification is the process of verifying that an organization has met the requirements of ISO 27001. This includes implementing an ISMS that complies with the standard’s requirements and passing an audit by a third-party certification body. Once certified, an organization can use the ISO 27001 logo to promote its compliance with the standard. ISO 27001 certification is a good way to show that the company has invested in the information security management system, and is taking action to protect valuable information assets.

What are the ISO 27001 Requirements?

The ISO 27001 requirements are the specific controls that need to be in place in order for an organization to achieve certification. Before an organization can achieve ISO 27001 certification, it must complete the following tasks:

Conduct a gap analysis to identify the differences between the organization’s current state and the requirements of ISO 27001
Develop an ISMS that meets the requirements of ISO 27001
Train employees and stakeholders on the new ISMS
Perform an internal audit of the ISMS
Prepare documentation of the ISMS
Submit an application for certification to a third-party certification body

What is the Process for ISO 27001 Certification?

The process for ISO 27001 certification is as follows:

The organization completes a risk assessment to identify the risks associated with its information security.
The organization selects the controls it wants to implement based on the results of the risk assessment.
The organization builds an ISMS that complies with the requirements of ISO 27001.
The organization undergoes an audit by a third-party certification body to verify its compliance with the standard.
If the organization passes the audit, it is certified and can use the ISO 27001 logo to promote its compliance.

Audit Process for ISO 27001 Certification

ISO 27001 certification audits are performed by third-party auditors to validate that an organization’s ISMS complies with the requirements of ISO 27001. The audit will typically be conducted in two phases:

Stage 1 Audit: The stage 1 audit is a preliminary assessment of the organization’s ISMS. It is used to identify the areas that need improvement in order for the organization to achieve certification.

Stage 2 Audit: The stage 2 audit is the final audit that is performed before certification is granted. This audit verifies that the organization has implemented the improvements identified in the stage 1 audit and is now compliant with the requirements of ISO 27001.

If an organization passes both audits successfully, then the certification body will issue ISO 27001 certification. If any non-conformities are found during the audit, then the certification body will notify the organization to make changes before issuance of certification.

Is ISO 27001 Right for My Company?

If your business is required to comply with an information security standard like HIPAA, FISMA, or the EU GDPR, or if you want to improve your information security posture, ISO 27001 is a good place to start. ISO 27001 certification is a good way to show that the company has invested in the information security management system, and is taking action to protect valuable information assets. However, ISO 27001 is not a silver bullet and will not solve all of your information security problems. It is important to assess your organization’s needs and select the controls that are best suited for your business.

If you are looking for more information about ISO 27001, please don’t hesitate to contact us today. We can help you get started on implementing this important standard in your organization. Thanks for reading!