Protecting sensitive information is more important than ever. Businesses of all sizes, across all industries, must ensure the security of their data to maintain customer trust and comply with regulations.
One way to do this is by implementing an Information Security Management System (ISMS) based on the international standard ISO 27001.
ISO 27001 is a standard designed to help organisations identify and manage the risks to the confidentiality, integrity, and availability of their information, and to ensure compliance with relevant laws and regulations.
An ISMS is a framework of policies and procedures that includes all legal, physical, and technical controls involved in an organisation’s information risk management processes.
It provides a comprehensive approach to managing sensitive information, including the identification of risks, the implementation of controls, and the ongoing monitoring and improvement of security.
It helps the company identify potential risks and threats to their information, and put measures in place to protect it.
This can include things like setting up firewalls, encrypting sensitive data, and creating security policies for employees to follow.
The goal of an ISMS is to make sure that a company’s important information is kept confidential, accurate, and available when it is needed. It’s like a safety plan for a company’s digital information and it helps the organisation to comply with legal and regulatory requirements.
ISMS and ISO 27001 controls are closely related.
One of the key components of ISO 27001 is the ISMS.
ISO 27001 standard provides a framework for establishing, implementing, maintaining, and continually improving an ISMS.
An ISMS, on the other hand, is a practical application of that framework, which includes all the legal, physical, and technical controls involved in an organization’s information risk management processes.
It is built around the principles of ISO 27001, and it includes all the documentation, implementation, monitoring, review, maintenance and continual improvement of the security management system.
In other words, ISO 27001 provides the specification for an ISMS and the controls that need to be implemented as part of that system, and the ISMS is the actual implementation of that system in an organisation.
It’s like a recipe and a dish. The recipe is the ISO 27001 standard, which provides the instructions and ingredients for creating a secure information management system.
The dish is the ISMS, which is the practical application of the recipe, using the instructions and ingredients provided in the ISO 27001 standard to create a specific, tailored information security management system for the organisation.
An ISMS based on ISO 27001 controls provides organisations with a number of benefits, such as;
In conclusion, implementing an ISMS based on ISO 27001 controls can be more cost-effective in the long run, as it can help organisations to avoid costly security breaches and regulatory fines.
An ISMS based on ISO 27001 controls, ultimately leads to better business outcomes, competitive advantage, and cost-effectiveness.
If you’re interested to know how Inverifi can support you in building or improving your ISMS, get in contact with us.
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