Why implement ISO 27001?

Not only does ISO 27001 certification help you demonstrate good security practices, thereby improving working relationships and retaining clients, but it also gives you a proven marketing edge against your competitors, putting you alongside the likes of Google, Microsoft, and Amazon.

The global average cost of a data breach has skyrocketed to $3.86 million (a 6.4% increase from 2017), with the average cost of a data breach highest in the U.S., according to Ponemon Institute. 

As the accepted global benchmark for the effective management of information assets, ISO 27001 enables organizations to avoid the potentially devastating financial losses caused by data breaches.

Cyber attacks are increasing in volume and strength daily, and the financial and reputational damage caused by an ineffective information security stance can be disastrous.

Implementing an ISO 27001-certified ISMS helps to safeguard your organization against such threats and demonstrates that you have taken the necessary steps to protect your business.

The Standard is designed to ensure the selection of adequate and proportionate security controls that help to protect information in line with increasingly rigid regulatory requirements such as various state laws on cybersecurity and information security, the EU’s GDPR (General Data Protection Regulation), and the Directive on security of network and information systems.

When a business grows rapidly, it doesn't take long before there is confusion about who is responsible for which information assets. The Standard helps businesses become more productive by clearly setting out information risk responsibilities.

ISO 27001 certification provides a globally accepted indication of security effectiveness, negating the need for repeated customer audits, which reduces the number of external customer audit days.

Certification to ISO 27001 involves undertaking regular reviews and internal audits of the ISMS to ensure its continual improvement. In addition, an external auditor will review the ISMS at specific intervals to establish whether the controls are working as intended. This independent assessment provides an expert opinion of whether the ISMS is functioning properly and provides the level of security needed to protect the organization’s information.