It is a holistic process adopted to manage IT-related risks and information security for an organization. ISO 27001 is an Information Security standard that provides mandates for establishing, implementing, maintaining, and continually improving an ISMS (Information Security Management System).
It would be a major setback for an organization to have its sensitive information hacked or stolen.īut, how to know if the organization's information security is good enough to address all of these expectations? The stakeholders expect accountability with respect to confidentiality as well as the availability of the data.
Therefore, the Information Security Management System (ISMS) is put in place to protect proprietary data in order to prevent security breaches. Moreover, many high-profile IT security violations have recently brought to the fore, an urgent need to protect critical data in organizations, especially in the era of Internet-of-Things. It has grown from a departmental issue to a corporate governance issue, that demands professional management and oversight as per the international standards. Managing information security goes far beyond keeping hackers out of an IT network. Organizations are also expected to assess how the expectations of their customers and trading partners affect their pre-existing Information Security Management processes. Organizations are now duty-bound to foresee how their information is regulated, how it is used, and how it is protected by vendors. Information is a valuable asset in any organization, irrespective of its forms such as printed, written, or electronically stored.
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