Business

ISO 27001 Certification – How Does This Certificate Help Your Business?

Increasing pressure from customers, clients, and regulators to ensure the legitimacy of maintaining the integrity and protecting personal data has resulted in ISO 27001 Certification. ISO 27001 is the only accountable international standard that clarifies the requirements of ISMS (information security management system).

This certificate defines a set of systems, processes, procedures, and policies that manage data risks like information leaks, hacks, theft, or cyber-attacks. Once your business complies with ISO 27001 Certificate, it will illustrate that your organization has incorporated the best practices to run the information security process.

In fact, most often, businesses use ISO 27001 framework for incorporating best practices rather than getting certified. However, the information security management system processes an audit through an independent certification body to determine whether your organization aligns with the standard’s requirements.

When talking about the importance of ISO 27001 Certification, Kobi Simmat, CEO of Best Practice Biz says “In 2019, there were 80,000 cyber attacks launched every single day. That comes to just under 30 million cyber attacks in the space of a year, with more attacks launched as we push into a more technologically driven future. The true value and importance of cybersecurity is yet to be discovered, and sadly, this is often a lesson that is learned when it is much too late. In order to stay in your market position, and provide your customers with the confidence they need to hand over their sensitive information, getting certified to an internationally recognized  cybersecurity standard like ISO 27001 becoming increasingly common sense.”

1. How Long Does This Certification Of ISO 27001 Last?

Once the requirements of certification are fulfilled, it will last for three consecutive years. Since the information security management system has to maintain and manage the integrity throughout the period. You should know that the Certification body will assign auditors to conduct surveillance programs each year until your certification is valid.

2. Process Of ISO 27001 Certification!!

When you are ready to get your certification, you will have to work with an accredited CB. The relevant authorities analyze these certification bodies on the basis of their performance capability, impartiality, and competence through an in-depth assessment process. The certification process will include two stages, which a licensed auditor conducts.

3. First Stage

First, the qualified auditor will assess the documentation regarding the ISMS and check whether it is developed according to the standards or not. And then, you are required to present some essential evidence to test the critical areas of the ISMS, but it all depends upon the requirements of CB.

4. Second Stage

Once you have passed the first stage, now the auditor will start an in-depth assessment. It will include reviewing the activities that actually support the ISMS development. After that, the auditor will conduct a thorough evaluation of your procedures and policies used in the ISMS and will review the functioning of ISMS along with an on-site investigation.

Also, the auditor will conduct an interview with every valuable member of the staff to determine all activities were undertaken in compliance with ISO 27001 specifications.

How Your Business Will Benefit From Certification Of ISO 27001

1. Relief From Financial Losses And Penalties Arising From Data Breaches

The average cost associated with a data breach has reached nearly 6 million. Since ISO 27001 Certification is an accepted international benchmark for managing the data effectively, it enables businesses to avoid devastating financial penalties due to data breaches.

2. Improves Your Competitive Edge

After getting your ISO 27001 Certification, it will aid in demonstrating your good security practices, thereby retaining existing customers and improving the working relationship. Aside from this, you will also get a proven competitive edge over your competitors, keeping your business alongside Amazon, Microsoft, and Google.

3. Comply With Regulatory, Contractual, Legal, And Business Requirements

You should know that the standard is crafted to ensure your organization has been using the right combination of security controls for protecting the data alongside meeting the requirements of regulations.

4. Improve Your Reputation

Cyber attacks and hacks are increasing in strength and volume daily, resulting in reputational and financial damage caused by ineffective information security management systems. But once you are certified with ISO 27001, ISMS will assist your organization in protecting itself from potential threats and illustrating the necessary steps required for safeguarding your business.

5. Improve Business Structure And Focus

When your business is in the rapid growth stage, and at any moment, confusion can arise about how to be responsible for managing the information assets. On the contrary, the standard aid organizations to become more productive by defining the data risk responsibilities.

6. Receive Genuine Feedback Regarding Your Security Structure

During the thorough process of ISO 27001 Certification, the auditor will review every critical aspect of your ISMS and conduct internal audits to ensure everything aligns with the requirement of standards. However, the qualified auditor will conduct an assessment after specific intervals to see whether the controls are operating as expected or not.

You can use the independent assessment to get a professional opinion about the structure of your ISMS and know whether you are providing the required level of security for protecting the business data.

7. Reduce The Frequent Audits

Once your organization is registered under the ISO 27001 Certification, it will provide you with effective security globally accepted. Thus, mitigating the need for frequent audits generally used to reduce the days invested in external customer audits.

8. Can You Receive Your ISO 27001 Certification With Best Practice?

Best Practice is not a certification body, but we aim to add value to your company genuinely. We offer practical and in-depth support from our professional team members that enable you to improve the standards of your work beyond the certification.

With the assistance of our world-class online training program, you can enhance your ISMS to get your certificate as soon as possible. It will include podcasts, weekly webinars, and industry newsletters. This will make your business look more attractive to invest in, work at, or buy from, as we will support you throughout your certification process.

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