ISO 27001:2013 Certification

ISO 27001:2013 Certification

ISO 27001:2013 is an information security management standard jointly published by the International Organization for Standardisation, and the International Electrotechnical Commission. ISO 27001, structures how businesses should manage risk associated with information security threats; including policies, procedures and staff training.

Defined within the ISO 27001 standard are information security guidelines, requirements intended to protect an organisation’s data assets from loss or unauthorised access, and recognised means of demonstrating their commitment to information security management through certification.

ISO 27001, includes a risk assessment process, organisational structure, Information classification, Access control mechanisms, physical and technical safeguards, Information security policies, procedures, monitoring and reporting guidelines.

Why ISO 27001:2013 is important.

ISO 27001 Certification is a globally recognized standard published by the International Organization for Standardization (ISO). It provides several essential security standards. A bank is a financial institution that accepts public deposits, and also provides loans and other facilities. Also, ISO 27001 Certification for the banking industry helps to implement a custom-made and effective Information Security Management System.

There are several benefits to banks of having ISO Certification. Some of the most important ones are as follows:

  • Cyber-attacks can seriously damage the credibility of banks. Furthermore, it can cause heavy financial loss. Therefore, Implementing ISO Certification in Banking Industry can prevent cyber attacks.
  • Banks are organizations that grow rapidly. Thus, having ISO registration can help distinguish responsibility for information assets.
  • It helps in increasing awareness about the new methodologies for security.
  • ISO 27001 is globally trusted and displays adequate security. Consequently, it aids in reducing the need for repeat customer audits.
  • It also helps in complying with the data protection requirements.