Why your company should adopt ISO/IEC 27001

It’s safe to say data security is seriously important. Making data protection a priority doesn’t just involve setting up firewalls and running anti-virus programmes every now and then: the bare minimum is not good enough. Plenty of sinister data breaches exist in cyberspace, and your business needs to be adequately prepared to prevent data interception. ISO/IEC 27001 will help you prioritise cyber security; here are four key reasons why your company should adopt it.

ISO/IEC 27001 ensures you safeguard your data

In a nutshell, ISO/IEC 27001 keeps confidential information secure for you and your clients, ensuring the data you share is fortified and encrypted. The processes you’ll learn with this ISO will help you manage risks and protect assets should they be threatened, guiding you to put systems in place that will identify and flag potential risks.

Makes your business watertight

An initial cost does incur with ISO/IEC 27001; however, this is undoubtedly an investment. According to IBM, the average data breach costs businesses $3.9 million (around £3.1 million) – much, much more than the cost of an ISO! As part of your certification, the procedures you implement will cover every inch of your business, developing awareness of information security across your company. Incidents will be minimised, and should a risk occur, the cost of cleaning up the mess will be reduced: because it’s a global standard, ISO/IEC 27001 complies with international law, thus lessening the impact of financial penalties.

Interested in the other ways ISO/IEC 27001 can help your business?

Boosts your credibility

All ISOs are internationally recognised, and so the message you communicate to your customers and clients when you’re certified with ISO 27001 is that you demonstrate best practice cyber security. This improves your reputation, giving you a leg up over competitors who aren’t certified. You can then market yourself to global industries or clientele who require this kind of qualification in those they do business with.

ISO standards are ever-evolving, updating in accordance with industry trends so you establish a culture of continuous improvement and always reap the rewards of a secure data system.

Improves your service

Now your credibility is boosted, you’ll also have much higher buyer satisfaction when you secure your clients. ISO/IEC 27001 makes experts out of you and your team, sharing the knowledge they may not have known. As a result, your services will demonstrate consistency in their delivery, improving the quality of your product or service and leading to high customer retention rates.

Gaining your ISO/IEC 27001 educates your employees and provides thorough documentation surrounding sound data security. From this, you’ll implement systems and processes into the core of your operations, protecting you from digital threats.

Want to find out more about how ISO/IEC 27001 can help your business? Download our free guide for more information.