Information Security Management System (ISO/IEC 27001)
The ISO/IEC 27001 ISMS provides a framework that any organization can implement to securely manage sensitive information. The standard focuses on risk assessment and risk mitigation; finding out what potential problems could happen to the information and then defining what needs to be done to prevent such problems from happening
In most cases companies already have all the hardware and software in place, but they are using them in an unsecure way – therefore, ISO 27001 provides the guidelines that can be used to set the organizational policies and procedures required to prevent security breaches.
So, managing information security is not only about IT security (i.e., firewalls, anti-virus, etc.) – it is also about managing processes, legal protection, managing human resources, physical protection, etc.
Benefits of implementing an Information Security Management System;
- Compliance to legal requirement; the standard ensures that your organization is up to date with the new laws, regulations and contractual requirements related to information security
- Breach of any sensitive information can be extremely detrimental to the organization. The standard provides a system of implementing controls that ensure such a breach does not happen.
- Cost control; a security breach can be extremely costly to reverse. By mitigating the breach in the first place, implementing the ISMS ensures that costs are controlled.