It is important to remember that ISO 27001 is also known as “ISO/IEC 27001 — Information technology — Security technologies — Information security Management systems — Requirements”.
It is the world’s most widely used international standard for information security. Published by the International Organization for Standardization, in partnership with International Electrotechnical Commission (IEC), it was created by the International Organization for Standardization. Both of these international organizations are leaders in the development of international standards.
The ISO Framework is a mix of policies, processes and guidelines that organizations can use. ISO 27001 provides a framework for helping organizations of any size and industry to protect their data in a systematic, cost-effective, and efficient manner through the adoption of an Information Security Management System.
Why ISO 27001 so important?
The standard gives companies the ability to protect their most sensitive information. Companies can also obtain certification against ISO 27001 to show their customers and business partners that it does so.
Individuals can also obtain ISO 27001 certification by passing an exam and attending a course.
ISO 27001 is an international standard that is easily recognized by professionals and organizations around the world.
Which 3 ISMS security objectives do you want?
ISO 27001’s main goal is to protect information from three sources:
Confidentiality – Only authorized individuals have access to this information.
Integrity – Only authorized personnel can alter the information.
Availability Information must be made available to authorized individuals whenever they are required.
What does an ISMS look like?
An Information Security Management System, or ISMS, is a set rules that a company must create to:
Identify key stakeholders and what they expect from the company in terms information security
Determine the potential risks to your information
Define controls (safeguards), and other mitigation methods to meet identified expectations and manage risk
Clear goals should be set for information security.
All the controls and other risk treatment options should be applied
Continuously check if controls are working as expected
Continuous improvement is essential to ensure that the ISMS works better.
This set of rules may be written down as policies, procedures or other types of documents. It can also be in the form established processes or technologies that are not yet documented. ISO 27001 outlines the minimum documents that must be created.
Why do we need ISMS?
The implementation of the information security standard will bring your company four crucial business benefits:
Complying with legal requirements. There is an increasing number of laws, regulations and contractual obligations related to information security. The good thing is that many of them can be solved by implementing ISO 27001 – this standard provides the perfect method to comply with all.
Gain a competitive edge – If your company has been certified and they don’t, customers who care about their privacy may see you as a better option.
Lower costs. This is the core philosophy of ISO 27001. Security incidents are prevented – every incident, big or small, costs money. You can save your company a lot by avoiding these incidents. The best part? Your investment in ISO 27001 costs far less than the cost savings.
A better organization. Fast-growing companies often lack the time and resources to properly define their processes. Employees are left confused about what is required, when and by whom. ISO 27001 is a good way to fix such situations. It encourages companies to record their main processes (even if they aren’t security-related), which will allow them to reduce time lost by their employees.
How does ISO 27001 operate?
ISO 27001 is designed to protect confidentiality, integrity, availability, and confidentiality of information in a company. This is achieved by identifying potential problems with the information (i.e. a risk assessment), and then defining what must be done (i.e. a risk mitigation or risk treatment) to prevent them from occurring.
ISO 27001 is therefore based on the management of risks. Find out the source of the risks, then treat them systematically through the implementation security controls.
ISO 27001 calls for companies to list all controls they intend to implement in a document called the Statement Of Applicability.