What is ISO 27001?

Cyber Attacks on organizations are on the rise, hitting company’s sensitive information and data. Pressuring organizations to pay ransoms to recover data and to prevent release of confidential and sensitive data to the public, customers and competitors. Many companies have had ransom demands soar into the millions.

In 2021 and 2022 many Asian and European Automotive OEMs began requiring suppliers to implement better information security systems. These requirements include many of the ISO 27001 requirements along with automotive specific TISAX (Trusted Information Security Assessment Exchange) requirements.

Whether an organization decides to become certified, or just to implement a system around these established requirements and valuable processes in ISO 27001. The requirements and guidance in this standard are invaluable for monitoring, reviewing, maintaining and improving a company's information security management system and will unquestionably give partner organizations and customers greater confidence in the way they interact with your business and the protection of data.

ISO 27001 can help organizations reduce risk, optimize operations within an organization due to clearly defined responsibilities and business processes, and build a culture of information security. The framework helps organizations in reducing security incidents and meeting additional compliance requirements. It also helps an organization gain an edge against the competition by instilling confidence in your organization’s ability to protect information.

Why Become ISO 27001 Certified?

There are many benefits to be had through certification compliance. One of the most obvious benefits is that this shows that your organization takes their information security management seriously. Having an independent assessment adds extra weight to this.

If you work in the supply chain for government / defense programs, there are newer requirements for CMMC that include the ISO 27001 management system and security specific information requirements.

With a formal management system, an organization would proactively review processes, identify threats, and take preventive measures to ensure protection.

What does being ISO 27001 say about your company?

Any organization looking to work in an environment where secure file transfers are a priority will favor other organizations that have been certified ISO 27001 compliant. This states that the ISMS in place is compliant and there are measures being taken, on a regular basis, to ensure that it is as safe as possible.

Management Solutions Group can support your organization with a management system gap analysis and training.