ISO 27001 Demystified
ISO/IEC 27001 is widely known, providing requirements for an information security management system (ISMS), though there are more than a dozen standards in the ISO/IEC 27000 family. Using them enables organizations of any kind to manage the security of assets such as financial information, intellectual property, employee details or information entrusted by third parties.
Companies of all sizes need to recognize the importance of cybersecurity, but merely setting up an IT security group is not enough to ensure data integrity. An ISMS is a critical tool, especially for groups spread across multiple locations or countries, as it covers all end-to-end processes related to security.
An ISMS should exist as a living set of documentation within an organization for risk management. Decades ago, companies would print out the ISMS and distribute it to employees for their awareness. Today, an ISMS should be stored online in a secure location, typically a knowledge management system. Employees need to refer to the ISMS at any time and be alerted when a change is implemented.
ISO 27001 can serve as a guideline for any group or entity looking to improve its information security methods or policies. For organizations looking to be best-in-class in this area, ISO 27001 certification is the ultimate goal. Full compliance means that your ISMS has been deemed as following all best practices in cybersecurity to protect your organization from threats such as ransomware.
What is ISO 27001?
It is the leading international standard focused on information security, published by the International Organization for Standardization (ISO), in partnership with the International Electrotechnical Commission (IEC). Both are leading international organizations that develop international standards.
ISO-27001 is part of a set of standards developed to handle information security: the ISO/IEC 27000 series.
What is the purpose of ISO 27001?
ISO 27001 was developed to help organizations of any size or any industry protect their information systematically and cost-effectively by adopting an Information Security Management System (ISMS).
Why is ISO 27001 critical?
Not only does the standard provide companies with the necessary know-how for protecting their most valuable information, but a company can also get certified against ISO 27001 and, in this way, prove to its customers and partners that it safeguards their data.
Individuals can also get ISO 27001-certified by attending a course and passing the exam and proving their skills to potential employers.
Because it is an international standard, ISO 27001 is easily recognized worldwide, increasing business opportunities for organizations and professionals.
Is ISO 27001 GDPR compliant?
Because ISO 27001 is mainly a framework for developing an ISMS, it will not cover all of the specific rules of the General Data Protection Regulation (GDPR) instituted by the European Union. However, when paired with ISO 27701, which covers the establishment of a data privacy system, organizations will fully meet the requirements specified in GDPR.
What are the main similarities or differences between SOX and ISO 27001?
While ISO 27001 covers the general management of information and data, the Sarbanes–Oxley Act (SOX) is specific to how financial information is disclosed. Fortunately for companies with a broad scope of data management, earning ISO 27001 certification will also help prove compliance to SOX standards.
What are the ISO 27000 standards?
Because it defines the requirements for an ISMS, ISO 27001 is the main standard in the ISO 27000 family of standards. But, because it mainly defines what is needed and does not specify how to do it, several other information security standards have been developed to provide additional guidance. There are more than 40 standards in the ISO27k series, and the most commonly used ones are as follows:
- ISO/IEC 27000 provides terms and definitions used in the ISO 27k series of standards.
- ISO/IEC 27002 provides guidelines for the implementation of controls listed in ISO 27001 Annex A. It can be quite useful because it provides details on how to implement these controls.
- ISO/IEC 27004 provides guidelines for the measurement of information security – it fits well with ISO 27001 because it explains how to determine whether the ISMS has achieved its objectives.
- ISO/IEC 27005 provides guidelines for information security risk management. It is an excellent supplement to ISO 27001 because it gives details on how to perform a risk assessment and risk treatment, probably the most challenging stage in the implementation.
- ISO/IEC 27017 provides guidelines for information security in cloud environments.
- ISO/IEC 27018 provides guidelines for the protection of privacy in cloud environments.
- ISO/IEC 27031 provides guidelines on what to consider when developing business continuity for Information and Communication Technologies (ICT). This standard is an excellent link between information security and business continuity practices.
You don’t just get certified; you get Continuum GRC certified!
The ISO 27000 Audit (27001, 27002, and 27005) provides a model for the full life-cycle of an ISMS. The organization’s needs and objectives drive the ISMS’s design and implementation, security requirements, processes employed, and its composition.
Through the successful completion of hundreds of audits around the world for organizations of all sizes, Continuum GRC has developed an efficient methodology and proprietary assessment protocols to evaluate the controls in place at your organization.
Certificates issued are valid for a three-year term, during which time observation audits and certification maintenance is periodically performed. Continuum GRC assessors conduct brief onsite reviews to ascertain if any material changes have been made to the ISMS and perform limited testing.
Leveraging our proprietary IT Audit Machine ITAM IT audit software, Continuum GRC provides international standards recognized as “Best Practices” for developing organizational security standards and controls that support ISO 27000 Audit (27001, 27002 and 27005) and 17020 certifications.
Continuum GRC is proactive cyber security®. Call 1-888-896-6207 to discuss your organization’s cybersecurity needs and find out how we can help your organization protect its systems and ensure compliance.
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