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ISO 27001 Certification: What is it and why is it so important

Written by Sarah Chohan | Nov 30, 2023 2:15:04 PM

Safeguarding sensitive information has and always will be paramount in business. In a world where data breaches and cyber threats are becoming increasingly sophisticated, organizations need to fortify their defenses. That’s where the ISO 27001 certification comes in. It’s a beacon of assurance, signaling a company’s commitment to safeguarding sensitive information. In this article we explore the ISO 27001 certification, what it is and why it is so important.

What is ISO 27001 certification

The ISO 27001 certification is a globally recognized standard for information security management systems (ISMS). It outlines an approach to help manage sensitive company information, ensuring the confidentiality, integrity, and availability of data. Contrary to regulations such as GDPR that deal specifically with information privacy in the EU and European Economic Area. The ISO 27001 certification deals with all aspects of business data including electronic, physical and third-party data, worldwide. 

The comprehensive framework helps organizations establish, implement, maintain, and continually improve their information security management systems. This involves identifying potential risks, putting in place security controls, and regularly assessing and updating the system to adapt to evolving threats. 

The ISO 27001 certification is not industry specific, making it relevant to a wide range of organizations regardless of their size or sector. It sets out requirements to continually improve an ISMS in relation to its business risks.

Why ISO 27001 certification is so important 

Company data has never been more valuable. Thanks to advancements in technology, a lack of security hygiene and training, cybersecurity risks are more systematic than ever. While the ISO 27001 isn’t mandatory, it is a global standard. The certification allows companies to increase their protection against potentially severe and costly security breaches that create lasting damage. These expenses can include audit fees, legal fees, business downtime, loss of revenue, ransom payments, increased or loss of resources and much more. But the ISO 27001 certification is not a checkbox; consider it an act of due diligence. By adhering to this global standard, companies demonstrate a commitment to safeguarding their information assets, and fostering a sense of trust in an unpredictable technological landscape.

The IBM Data Breach Report found 83% of 550 organizations experienced more than one data breach during 2022.

Source: IBM Data Breach Report 2023

The 3 pillars of ISO 27001

The ISO 27001 was designed to target people, processes, and technology. This 3 way approach is integral to the establishment and maintenance of an effective information security management system (ISMS). The 3 pillars and foundation of ISO 27001 are:

1. Confidentiality

Confidentiality focuses on protecting information from unauthorized access. It ensures that sensitive data remains accessible only to those with the proper authorization. This pillar is fundamental for safeguarding proprietary information including, customer data, and any other confidential details important to an organization.

2. Integrity

Integrity is concerned with maintaining the accuracy and reliability of information. It involves preventing unauthorized edits or manipulations to data. Ensuring the integrity of information is vital to guaranteeing its trustworthiness and preventing any unintended or malicious changes that could compromise the reliability of organizational data.

3. Availability

Availability addresses the accessibility of information when needed. It ensures that authorized users can access information and IT systems without disruption. This pillar is critical for maintaining the functionality of systems and services, especially during times of increased demand or unexpected events. 

Benefits of ISO 27001 certification

Enhanced cybersecurity

One of the primary benefits of ISO 27001 certification is the reinforcement of cybersecurity measures. By identifying and mitigating risks systematically, organizations create a strong defense against potential threats.

Improved risk management

ISO 27001 encourages a proactive approach to risk management. This not only safeguards against external threats but also ensures a thorough assessment of internal vulnerabilities.

Instill trust amongst stakeholders

In an era where data protection regulations are strict, ISO 27001 is a compass for compliance. Achieving the certification demonstrates a commitment to meeting regulatory requirements and instilling trust amongst all of your stakeholders.

Comply with all security frameworks

The ISO 27001 certification will help your company to comply with all other security frameworks, legislations, and standards. Your company will boost its measures and protect itself against costly fines. 

Preparing your company for ISO 27001

While the benefits are clear, the journey to obtaining an ISO 27001 certification is no easy or quick feat. Every organization is different, with a unique set of needs. This included the size of your organization, since the process is a company-wide task. From conducting a risk assessment to implementing security controls, organizations need to navigate a complex process. Here are some steps you can take to prepare your journey:

1. Identify the relevant ISO standard

Select the ISO standard that aligns with your business goals, such as ISO 9001 for quality management, ISO 27001 for information security or ISO 50001 for energy management.

2. Secure leadership & stakeholder commitment

From the top down, secure commitment from top management to actively support and allocate resources for the certification process. Inform and educate stakeholders on the dramatic changes that will be required, while anticipating and managing resistance to change to ensure their buy in.

3. Conduct a gap analysis

Assess your current processes against your selected ISO standard to identify areas of non-compliance. Once you’ve identified all the security risks and weaknesses of your security system, begin to prioritize them in order of threat ready for mitigation.

4. Implement plan security training 

Create training sessions to educate employees on the ISO standard’s requirements and the importance of compliance. Without the correct leadership and change management from project leaders, employees will struggle to adapt during and after implementation. This will also require a change in workplace culture to shift to new behaviors.

5. Create and monitor internal audits

Now the implementation has taken place, conducting internal audits to evaluate the effectiveness of implemented processes. Just like your business risks, security processes will need to continuously evolve to prevent and tackle them. Hold regular management reviews to assess the performance of the management system and ensure continuous improvement.

6. Select an accredited certification body

Choose an accredited certification body with expertise in the relevant ISO standard, ensuring credibility and industry recognition for your clients and partners.

These are just a few key steps your business can efficiently and effectively prepare for ISO certification, laying the foundation for a successful compliance journey.

At Lemon Learning, our organization is committed to safeguarding information and has also adopted the ISO 27001 certification along with others including GDPR. If you want to speak to our experts on the subject of change management in preparation for a certification, get in touch!