Actually, information security is an operational responsibility, not just an IT issue. When we first look at information security, we might think that because IT section manage computer systems, they are responsible for controlling cyber risks and threats.
As times flows, so do the cyber threats to everyday business; cybercriminals and hackers are using new techniques to put anyone in your business at risk; That’s why, protecting and securing information has become vital responsibility.
Because everyone within the company plays a role in protecting data and information, understanding that cybersecurity is a business risk, not just a technology risk, allows your business operations to cybersecurity holistically and practice the safety measures within the company.
What are the risks and Cyber Threats in the Businesses?
- With the widespread online and digital capabilities of the business world, cybersecurity has never been more important. Even if your business doesn't sell or offer downloadable products online, your company may still have an online presence, leading to potential risks. Routine tasks like online banking, video conferencing, social media updates, website administration, or simply backing up data on cloud servers can put your company at risk. These everyday actions underscore the importance of cybersecurity. With just one breach, this can result in hefty fines and sometimes irreversible damage to your business reputation and credibility.
- With so many digital threats, it can be difficult to keep track of everything that is happening and the latest trends. More and more advanced hacking techniques are released worldwide. Hackers have developed professional plans, and their goal is not for fun, but for lucrative results. Cybercrime is growing so fast that competitors even hire cybercriminals to conduct industrial espionage, influence markets, and even disrupt infrastructure.
How to protect your business from cybercrime?
1. Learning about cybercrime and security threats can sound scary or dramatic, especially when personal or business data could be at risk. Still, there are ways to reduce risk and protect your business.
2. Fortunately, technology is adapting to change, and as businesses become more aware of potential risks, the movement to invest in new security systems to help protect financial and personal information is gaining ground. Cybersecurity has become a factor when customers decide whether to interact and purchase products or services through online stores and banks. Gaining a better understanding of these threats and building systems to address them and protect data and information should be at the heart of the business.
3. The ISO 27001:2013 Information Security Management Standard is a globally recognized and must have ISO Certification in the competitive world. The Information Security Standard has more than 114 control points that streamline people, processes, and Information Technology.
4. The Information Security Standard will guarantee to secure the information of assets and help organizations to manage effectively the financial information, intellectual property, employee details, or business secrets, etc.
Information Security Management System– Major Highlights
- The Information Security Management System leads the organization to secure the information and plan a risk management process and manage all the vulnerabilities efficiently.
- The Information Security Management System integration with the business processes and operations is mandatory. Also, the linking of the overall management structure to the Information Security Management System is helpful for the companies. It will reduce any chances of external risks of data attacks.
- ISO 27001:2013 Certification is an organization’s commitment towards their data security, information protection, and stakeholder’s confidence. The Cyber Security Standard is one of the globally recognized practice frameworks.
Why to Choose ISO 27001:2013 Standard?
ISO 27001:2013 ensures protecting the organization’s intellectual property, financial information, customer data, etc. This standard creates a defined information security policy for managing processes including:
1. Access Controls
2. Communications Security
3. Data Protection and Recovery
4. System Acquisition
5. Aspects of Business Continuity,
6. Secure HR Functioning etc.
7. The Cyber Security Standard leads to the best practices to conduct a risk assessment and take corrective actions
Key Benefits of ISO 27001:2013 Certification for the Companies
1. Brand Image
- The Cybersecurity Standard improves in avoiding any security threats internally by staff, suppliers or any stakeholder. High chance is there to third-parties could be an unknowing threat to the IT System compliance standards.
- The ISO 27001:2013 Standard is a framework to confirm that all system checks are in place. The Information Security Standard consists of a well-designed framework to certify the prevention of organizational data loss.
2. Shield from Regulatory Fines
- ISO 27001:2013 Certification is a shield to avoiding the penalties related to non-compliance with data protection such as the GDPR prominent in Europe and US.
- Also depending on the business operations, there are a sequence of measures organizations have to take to secure the customer, employee, and company data.
- ISO 27001:2013 Certification will predominantly help in achieving the highest level of data protection in your organization. The policy and procedural manuals will help IT Team to effectively handle the information and data.
- Cyber Security Standard ensures complying with the Governmental IT protection rules as well as any other compliances related to IT governance.
3. Define a Systematic Process Flow
- The ISO 27001:2013 Certification Standard defines a robust process flow. ISMS provide the guidelines for creating a system that is flexible and address every effective security measure to safeguard the IT system.
- Information Security practices will ensure that every employee maintains the level of information security protocols required to guard the organization as a whole from data attacks.
4. Risk Treatment and Mitigation
- The ISO 27001:2013 Standard has comprehensive risk management practices that will be applied to the organization’s IT systems and process flows. The process will have to comply with the Cyber Security guidelines and keep the organization secure from any data losses.
- Risk Mitigation through a collective approach of empowering the IT team and other employees is a strong focus area for Cyber Security Standard.
- The Cyber Security Standard has a clear framework for identifying the information security risks and taking corrective actions. The risk assessment module consists of policies and guidelines that are required to be followed by the organization.
- The IT team has to ensure the system vulnerabilities are flagged at the right time and decisions are made quickly.
5. Integration to Other Management System
- The ISO 27001:2013 Standard easily aligns with another ISO Management System the organization already practicing. Hence, it would be an easy transition for the management and organizational team to integrate to the Cyber Security Standard.
- It can be considered as a Technical Upgrade of the IT systems of the organization along with giving enough emphasis on the people and process of the group organization.
- Continuous improvement and the plan-do-check-act process flow followed by ISO 27001:2013 Standard makes it a compatible standard with the Quality Management Standard.
- The ISO Standards when implemented together develops a synergy. Organizations can sense the enhanced productivity levels in the employees. ISO 27001:2013 Standard is recognized worldwide for the strong compliance process and security it offers to the organization from breach of data.
