Information Security Management System (ISMS) & ISO 27001

28 July 2021


The nature of cyber-attacks and data breaches is evolving rapidly these days. With more intrusive and innovative cyber threats, businesses that delve into digital assets have taken their information security measures up a notch. Out of these solutions, many companies have gravitated towards getting their ISMS audited by cybersecurity service providers with the professionals trained and certified in auditing for the ISO 27001 standard.

ISMS & ISO 27001 - how are they related?

As an internationally recognised specification for your organisation’s Information Security Management System (ISMS), the ISO 27001 Certification is the preferred auditable standard for managing information security. The ISO 27001 aims to construct a sturdy risk-based system for your IT networks and infrastructure.

By attaining this certification, the company is able to manage information security and is compliant with the prestigious ISO 27001 security standards. This qualification is proven in two areas: reviewing a documented copy of the company ISMS and evaluating their efforts to practice, maintain and constantly improve the ISMS.

Why is it important to get your organisation’s ISMS audited?

According to IBM (https://www.ibm.com/sg-en/security/data-breach), the global average cost of a data breach is USD3.82 million to each organisation. Being ISO 27001 certified enables you to have a comprehensive framework towards informational risk management, so as to avoid the potentially financial losses and time consumed due to data breaches.

By implementing an ISO 27001 ISMS ensures that your information security risks have been assessed and you have the necessary security controls in place, should there be a cyber-attack. Ultimately, the ISO 27001 would help you craft an ISMS that best fits your business structure, needs, time-frames and culture.

When you engage a cybersecurity service provider with consultants who are certified to audit ISO 27001, they are able to shed some light on your organisation’s ISMS framework - before you move on to the final certification audit process.

By getting your ISMS certified with ISO 27001, your organisation or business demonstrates the commitment in getting your information management system to be on par with the international standard, which eventually would increase the stakeholders and clients’ confidence.

Conclusion

On top of becoming CREST-certified in Singapore, GROUP8 is pleased to announce that we have consultants certified to lead ISO 27001 audits. In the face of potential cybersecurity challenges, rest assured that GROUP8 is dedicated to evaluate and elevate your security posture according to international standards.

GROUP8 works with an accredited certification body for ISO 27001 and will be able to guide your organisation on the audit certification process prior to certification, and on post-certification implementation.

For a start, drop an email to hello@group8.co to enquire about our cybersecurity services in Singapore today!