ISO 27001 is the intentional standard for information security. It is one of the most popular and prevalent information security certificates sought by business. It is also the most requested of businesses by customers.
Table of contents
- ISO 27001 Benefit 1 – Win New Business
- ISO 27001 Benefit 2 – Answer Customer Questionnaires
- ISO 27001 Benefit 3 – Comply with legal and regulatory requirements
- ISO 27001 Benefit 4 – Reduce the number of customer audits
- ISO 27001 Benefit 5 – Protect and Improve your reputation
- ISO 27001 Benefit 6 – Prevent / reduce fines
- Benefits of ISO 27001 FAQ
- Read Next
ISO 27001 Benefit 1 – Win New Business
There is no question that ISO 27001 will help you to win more business. It demonstrates good information security practice. It shows to customers and potential customers that you take information security seriously. In addition, it de risks you as a potential supplier as someone else has verified that you are doing the right thing. No doubt you have already seen that it is a requirement of doing business with many organisations. The request for an ISO 27001 certificate is now commonplace.
ISO 27001 Benefit 2 – Answer Customer Questionnaires
Most questionnaires that customers will send you are based on ISO 27001. There is no point in the customer reinventing the wheel. You will either be able to provide your ISO 27001 certificate or you will know the answers having been through the certification audit with the answer readily to hand.
ISO 27001 Benefit 3 – Comply with legal and regulatory requirements
As an international standard for information security ISO 27001 is the most referenced and relied upon standard of legal and regulatory requirement. For example the GDPR and Data Protection Act 2018 and principle 6, maintain adequate security, would be satisfied with by adopting the standard.
ISO 27001 Benefit 4 – Reduce the number of customer audits
The ISO 27001 certification negates the need for repeat customer audits. It reduces burden of being audited by customers.
ISO 27001 Benefit 5 – Protect and Improve your reputation
Certifications and badges increase your reputation in the market. They are indicator of best practice and provide peace of mind to customers. They show that you are doing the right thing, especially in relation to information security. They evoke a sense of trust.
ISO 27001 Benefit 6 – Prevent / reduce fines
Legal and regulatory fines consider what measures you have taken if and when things go wrong. Being able to demonstrate that you have done everything you can will be taken into consideration before fines are issued. It will help you to avoid and reduce costly fines associated with non-compliance with data protection requirements such as the GDPR.
Benefits of ISO 27001 FAQ
Yes. Having an ISO 27001 certification is now a common place requirement of many organisations before they will do business with you. Not having it can rule you out of supplier selection.
Yes. Having and ISO 27001 certification will answer most if not all of the questions that customers are going to ask you about information security.
Yes. Most legal and regulatory requirements have a section on information security, and many go so far as to reference ISO 27001 as best practice to consider.
Yes. An ISO 27001 certification means that you have had an independent audit by a qualified professional and an accredited certification body, removing the need for customers to do the audits themselves.
Yes. Having certifications and badges increases customer confidence, trust and enhances your reputation. It can be a market differentiator.
Yes. Being able to demonstrate best practice and proactive management that shows you did everything you possibly could, will be taken into consideration before any fines are issued.
All of this can be achieved by following the step by step guide to implementing ISO 27001 and using the ISO 27001 toolkit.
