How An ISO 27001 Certification Can Benefit Your Business

An ISO 27001 certification is globally recognised and given to companies that implement an information security management system (ISMS) that complies with the requirements of the international standard, ISO 27001. At the heart of an ISO 27001 certification are company-driven risk assessments. This means you’re able to establish and treat security threats according to your operation’s risk appetite and tolerance. Here I will explore the key benefits businesses can gain from obtaining an ISO 27001 certification.

Protect Your Reputation from Security Threats

One of the most obvious reasons to obtain an ISO 27001 certification is it can help you avoid security threats. This includes both data breaches caused by an individual internally making mistakes and cybercriminals gaining access to confidential data. ISO 27001’s framework makes sure you’ve got the tools in place to elevate your brand across the three pillars of cybersecurity: processes, people and technology. You’re able to use the standard to pinpoint the relevant policies you’ll need to document. What’s more, the technologies can protect you and your employees to reduce the risk of mistakes.

Avoid Regulatory Fines

An ISO 27001 certification helps businesses avoid costly penalties linked with non-compliance with data protection requirements, like General Data Protection Regulation (GDPR). The standard’s framework shares many similarities with the GDPR, and companies can use its guidelines to reach and retain compliance.

Protect Your Business Reputation

Achieving ISO 27001 compliance means you’re able to demonstrate to stakeholders and clients that you take information security very seriously. This evidence can help you drum up interest, enhance your business reputation and keep your operation on track. Some companies will only work with businesses that can show they’re certified to ISO 27001. When you factor in cyber attacks are on the rise, having ISO 27001 certification helps protect your company and keeps your personal information safe and secure.

Gain A Competitive Edge

The business world can be incredibly competitive. Regardless of what sector you’re in, it can be difficult to stand out from the crowd. Should you become ISO 27001 certified, this will enhance your value proposition. It also provides a unique point of differentiation between you and your rivals. An ISO 27001 certification shows to customers you’ve got a proactive approach toward information security threats. Being compliant can also help you compete with international competitors. Citation ISO Certification has a thorough guide on ISO 27001. They explain the certification further, including additional benefits, costs, and requirements.

Improves Your Structure and Focus

As a business adapts and grows, it won’t be long before people lose sight of their responsibilities, especially when it comes to information security. Thanks to ISO 27001, you can design a system that has enough flexibility to make sure everyone maintains their focus on information security tasks. It requires businesses to conduct regular risk assessments. When performing a risk assessment, you can identify whether any changes need to be made.

Maintaining sensitive information and keeping it secure while keeping your customers' data safe, should be the top concern for any business. Achieving and maintaining ISO 27001 certification instils trust within the company and ensures you implement the best information security methods.

*Collaborative post