Reasons Your Business Needs ISO 27001 Certification

The international standard for managing information security is ISO 27001. It outlines the specifications for an information security management system (ISMS) that adheres to best practices. By taking into consideration people, procedures, and technology, this adopts a risk-based approach to information security.

By going through an external audit, you can also obtain independent, accredited certification in accordance with ISO 27001:2022.

Here are five reasons to obtain ISO 27001 certification in addition to implementing an ISMS.

1. Make it obvious to clients that you are committed to data security

Business benefits from ISO 27001 certification.

It provides useful and unambiguous evidence of your dedication to data protection. Consumers like companies that take data security seriously while doing business with them. Additionally, they typically steer clear of companies with a track record of data breaches.

Your ISO 27001 certification makes it obvious which camp you are in.

2. Make an appeal to suppliers and partners

This also applies to suppliers and partners.

It makes no difference if the data breach came from a third party or from within. In either case, the headlines feature your name.

In Europe, the supply chain was the source of 47% of accidents that were made public in February 2024. January 2024 did a little better at 26 percent. A good guarantee that your company is unlikely to contribute to those numbers is provided by ISO 27001 accreditation.

3. Be eligible for more profitable contracts

Obtaining ISO 27001 accreditation can lead to global commercial opportunities and is more than just marketing.

This is due to the fact that it is becoming a more prevalent contractual obligation, especially for lucrative contracts with the government.

This returns to the previous points. Big organizations are aware of:

• The dangers of disclosing information to other parties.
• The seriousness of a data breach.
• The fact that ISO 27001 is a useful and effective method of choosing a supplier.

Consider this: Would you rather audit suppliers one-on-one? Or simply see if they are ISO 27001 certified, which indicates that the audit has already been completed by a trustworthy third party?

4. Distinguish yourself from the competition

As of December 31, 2023, 48,981 organizations worldwide are certified under ISO 27001.

This implies that if you are not certified to the Standard, many organizations will have an advantage over you. On the other hand, many organizations still lack ISO 27001 accreditation. People’s concerns about security are growing as the quantity and scope of security incidents continue to rise.

Obtaining ISO 27001 accreditation allows you to differentiate yourself from the competition.

(Includes certifications for both ISO/IEC 27001:2013 and ISO/IEC 27001:2022.)

5. ISO 27001 is a good option for security certifications

ISO 27001 should be your goal if you want any security certification.

There’s a reason this is the global standard for information security management. It displays best practices that have stood the test of time:

• The first version of ISO 27001, known as BS 7799, was introduced in 1995.
• Since then, ISO has made numerous revisions to the Standard, demonstrating its ability to adapt to the changing environment.

Furthermore, approved ISO 27001 accreditation is recognized in 172 countries due to its worldwide status.

Therefore, you can obtain certification domestically and then have it accepted throughout Europe and beyond.

In Conclusion

There is no question that there are several advantages to putting in place an ISMS that complies with ISO 27001.

However, obtaining recognized certification is what gives the Standard its unique market worth. Customers and clients won’t only believe that you take security seriously or that your ISMS is successful. You have to demonstrate it.

An efficient method of accomplishing it is through ISO 27001 certification.