ISO 27001 Information Security Management System is a standard that has grown in stature with the current climate relating to online security and privacy but what are the biggest benefits of your business successfully seeking this accreditation?
1. Secure information
GDPR came into force in late May 2018 with the build-up to the deadline date causing businesses of all shapes and sizes to worry about how the systems would be able to meet the new rule book. Whilst ISO 27001 accreditation doesn’t automatically bring with it GDPR compliance, it goes a long way in meeting its set of rules. For your customers and clients, this standard speaks volumes as to how seriously you take the security of information.
2. Improves your response to security threats
No business or industry is immune to the threats from hackers. Regular risk assessment of your systems, as well as constant surveillance, is essential. ISO 27001 is based on exactly that – regular risk assessment – and this means your response to potential security threats is improved.
3. Improved cyber-attack resilience
As well as ensuring firewalls and other defences are kept up to date, ISO 27001 always places focus on people, in particular, training of employees to ensure that software and other protective walls are kept up to date. This way, the possibility of successful cyber-attacks is greatly reduced.
4. Remain compliant with rules and regulations
This standard encourages risk-based thinking. In other words, you and your team become more proactive in understanding the shape and form of online attacks. This keeps not only online information safer but also compliant with the rules and regulations relating to data retention and use.
5. Less financial risk
GDPR introduced a whole raft of changes, one of which was how much companies could be fined in the event of a data breach. Previous fines were considered derisory but now, the fine levied against a company for a data breach will be up to 20 million euros or 4% of global turnover, a potentially eye-watering figure for any company. ISO 27001 could mean you face less financial risk by remaining compliant and fending off online data breaches more successfully.
6. A serious marketing advantage
Every business is expected to be GDPR compliant but with ISO 27001 under your business’s belt, there is an added bonus in the shape of it being a marketing platform. It shows your potential to new clients and reassures current customers that you take online security and data storage seriously.
7. Reduce costs
Data breaches are expensive for a business to resolve. The nature of cyber attacks is that they are impossible to predict but with a strong system in place, you’ll face a reduced likelihood your company will be hit hard, by attackers and fines.
ISO 27001 is a comprehensive standard and you’ll need support from across the entire company, from the shop floor to the boardroom but with these benefits, what business can afford not to have ISO 27001 accreditation?
How can we help you?
If you’re in need of assistance with any aspect of ISO certification, here at Synergos we’d be delighted to help. Whether you have questions about the path to certification or are looking for advice and support to maintain an existing standard call 01484 666160 or email email@example.com and we’ll be happy to talk it over with you.