There are many reasons why an organisation needs an ISO 27001 certification. Some of them to boost your sales or marketing or comply with customer requirements. Nevertheless, find out five reasons your organisation can benefit from being ISO 27001 certified.
As a pro tip, you can use them to justify the need for ISO 27001 certification in front of your leadership.
Protects your reputation
Cyber attacks are increasing in volume and strength daily. The financial and reputational damage caused by an inefficient information security posture can be disastrous. Implementing an information security management system (ISMS) helps protect your company against cyber threats and demonstrates that you have taken the necessary steps to protect the business.
By achieving ISO 27001 compliance, you can demonstrate to customers and business partners that you take information security seriously.
This helps you win new business and enhance your reputation with existing clients. In fact, some organisations will only work with companies that can prove they are certified to ISO 27001 or other well-known standards.
Cyber-attacks are increasing across Europe and the rest of the world and can have a massive impact on your organisation and its reputation. An ISO 27001-certified ISMS helps protect your organisation and keeps you out of the headlines.
Reduces the need for frequent audits
ISO 27001 certification provides proof of globally accepted security effectiveness. Being ISO 27001 certified means that the organisation undergoes an annual independent audit. While the scope of the follow-up audit can be brief, an auditor will assess the standard’s core requirements to manage information security in the organisation every year. This means the organisation is demonstrating its excellence in information security management annually.
In addition, ISO 27001 certification helps you balance the demand for repeated customer audits and reduce external audits. You can always offer your customers confirmation of the ISO 27001 certificate and the latest audit result to address their questions related to the information security management you have in place in your organisation. This increases operational effectiveness and reduces the cost of compliance activities in your organisation.
Retains customers and wins new business
Cyber security risks and data breaches are constantly rising, making stakeholders and customers increasingly concerned about how their valuable information is being handled and protected. Attaining an ISO 27001 certification demonstrates to customers and stakeholders that you are committed to meeting the highest information security standards. Certification is a way to build trust and retain customers. Obtaining the internationally accredited ISO 27001 certification also means that new clients will appreciate that you have a verifiable information security management process in place and know that you can be trusted with their information and business.
Furthermore, being ISO 27001 certified helps you reduce customer acquisition time and questions related to information security, which your sales team will appreciate.
Improves information security processes and strategies
To develop an effective information security strategy, you should first focus on risks. Information security risk management is a core process of the ISO 27001 standard, and qualified auditors assess the organisation’s efforts to identify risks to mitigate security weaknesses.
During the certification process, you will map out the organisation’s information security goals and objectives into an actionable approach and assign responsibilities to your team.
The certification process will also help you create documentation that can be used as a guide and updated for years to come.
Therefore, being ISO 27001 certified means, you understand and adequately address the organisation’s risks and maintain ISO 27001 compliance in the information security strategy.
Prepares your organisation for long-term success
The business environment changes rapidly, security threats grow every day, and information security is quickly becoming one of the essential aspects of any business. With an ISO 27001 certification in place, you are essentially future-proofing your business against these ever-increasing security threats because you will monitor and address threats as a part of your practice to maintain your certification.
With the benefits mentioned above and having systems and processes in place to monitor, plan for, and quickly respond to security breaches, you can significantly reduce the costs and damage caused by security threats, thus minimising your losses. While it’s hard to predict when a security breach may occur, you can address most of the threats your organisation may face and be ready to act immediately and efficiently against others.
ISO 27001 certification sets companies up with processes to effectively and efficiently manage information security. Our tool helps customers automate ISMS processes and effortlessly defines each step.
Being ISO 27001 certified allows your organisation to continuously monitor its risk profile while realising growth opportunities and serving your existing customers with confidence for a long time to come.
The long-term benefits of ISO 27001 will be shown through your ability to grow and prosper in a rapidly changing business environment.
Creates a culture of continual improvement
Part of the ISO 27001 code is the continual improvement of the organisation’s information security management. In addition to the efforts of the information security team, the standard also requires that employees be made aware of their information security responsibilities, including identifying threats and reporting incidents.
By implementing such processes as part of ISO 27001 certification, the organisation creates a culture where everyone understands their information security responsibilities and provides feedback to improve information security processes, improving the organisation’s overall security posture.
With this kind of organisational culture, you will always comply with new requirements and obligations and more readily attain additional security certifications to build trust with your customers.