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The standard information security management system helps organizations with manifold benefits like complying with the data privacy laws like the California Consumer Privacy Act and EU General Data Protection Regulation. But who should be SIO 27001 compliant, and can you become ISO 27001 compliant?
If you have recently joined the cybersecurity team, you would have probably heard a lot about ISO 27001. The standard information security management system helps organizations with manifold benefits like complying with the data privacy laws like the California Consumer Privacy Act and EU General Data Protection Regulation. But who should be SIO 27001 compliant, and can you become ISO 27001 compliant? This guide will take you through everything you need to know to achieve compliance.
With the rise in cyberattacks, IT security, cybersecurity, and privacy protection are now the top
concerns for any IT organization. The ISO 27001 standard, along with ISO/IEC 27000 standards, enables organizations to manage their security in various areas like financial information, employee data, intellectual property, and information entrusted by third parties.
ISO 27001 certification is not for any isolated industry. Various organizations across industries may need to be ISO 27001 compliant if they want to uphold the high-security standard. Some industries that may benefit from this certification are:
IT technology: IT organization deals with highly sensitive data. Storing the data safely has a critical role in the businesses’ viability and reputation. Since most IT technology companies do business globally, adhering to an international standard like ISO 27001 makes a lot of sense.
Finance: Finance is another industry that deals with sensitive data and information. Since currency is mostly digital today, a small doctored formula can equate to millions of dollars in value. Thus finance industry is often a high-risk target for cyber crimes. Adhering to ISO 27001 standard protect the organization from cyber threats to a large extent.
Healthcare: In the US, the healthcare industry must adhere to HIPAA law to secure patient information. For that reason, keeping data protected through an ISO standard is critical.
To stay compliant with ISO 27001, you need to:
There are three key principles of ISO 27001. These are:
Confidentiality: Only authorized persons have the right to access the information.
Integrity: Only the authorized person can change the information.
Availability: The authorized person must be able to access the information whenever needed.
While writing this article, the ISO 27001 standard consists of 11 clauses along with Annex A, which lists specific security controls. Each of these clauses has several sub-clauses. Know that clauses 4 through 10 are compulsory, and if you need to adhere to them, you won’t be able to achieve the certification. Take a look at all 11 clauses.
ISO 27001 Annex A control lists security control measures for a good Information Security Management System (ISMS). The measures are categorized across below mentioned 14 categories,
If you are planning to get ISO 27001 compliance, VComply can help you with the process. VComply has a prebuilt application with ready-to-use internal controls. It has a central platform for maintaining and automating policies and quality standards for ISO 9001. It is prebuilt with templates that are in alignment with ISO-specific standard requirements. It provides a library of compliance controls mapped to the ISO framework. VComply helps organizations standardize even the most comprehensive controls to meet the regulatory requirements and compliance process. Reports and dashboards provide insights into the performance of compliance activities and processes.
Need help with implementing ISO 27001 at your organization? Book a call today.
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