Making sensitive information secure should be a matter of priority for every organization, as hackers are becoming smarter nowadays and technology is also increasing its ability to access and compromise sensitive data. However, this increased focus on information security management has led organizations to implement controls in one form or another. However, the effectiveness of information security standards relies largely on how this implementation is monitored and how it is controlled.

Well, some organizations only introduce security controls that deal with specific IT areas, and non-IT assets remain unprotected. But this may result in a greater threat to these non-IT assets of Enterprisetech companies. However, to overcome issues like these, the ISO 27001 standard was introduced.

When your Enterprisetech company achieves and maintains ISO 27001 certification, then it gives your clients a guarantee that your organization has implemented best-practice information security methods.

There are numerous benefits of implementing ISO 27001 accreditation into your Enterprisetech organization, but we are here with our top four reasons for why your Enterprisetech company should comply with the standard.

Gain a Competitive Edge

In today’s competitive market, it has become hard to differentiate yourself, but when you become certified for the ISO 27001 security standard, it enhances your value proposition. Moreover, it can also provide a unique point of differentiation between your organization and your competitors’ organizations.

• ISO 27001 certification tells your customers that you care about their important information, and therefore you have a proactive approach in place for addressing emerging information security threats. In fact, your organization has adopted best practices for minimizing such threats.
• When you’re an ISO 27001–certified organization, it improves your credibility among your audience. Not just that, but sometimes winning or losing a tender submission can rely on having this specific certification.
• In fact, access to global markets also sometimes depends on having ISO 27001 compliance. The reason is that this certification allows you to compete with your international competitors.
• Last but not least, ISO 27001 compliance also removes the hassle of completing in-depth security questionnaires as well as responding to auditors for every new client.

Avoid Financial Loss Due to Data Breach:

If you’re thinking that gaining ISO 27001 compliance might cost you, then let us tell you the fact that not doing it might cost you more. So, we recommend that you weigh the cost of compliance against the potential costs that may occur due to a data breach and service interruptions.

When you consider these costs, you will be required to consider the following points:

• We know implementing the information security standard may look like an expense for many people, but in reality, it’s not an expense; it can become a great investment when you reduce the expenses required to resolve data breaches.
• Research shows that a data breach not only results in leakage of important organizational secrets, but it is also very expensive.
• The best thing is that ISO 27001 is a globally accepted standard for the security of important information assets. Hence, it can also help organizations avoid heavy fines and penalties.

Ensure Data Privacy and Integrity:

Maintaining data privacy and integrity is a top priority for most Enterprisetech organizations, as they hold personal data of their clients. However, implementing an Information Security Management System is one of the most effective ways of ensuring effective management of information security while reducing the risk associated with data breaches. You need to consider implementing your Enterprisetech organization’s ISMS based on ISO 27001 because:

• Do you know what the most reliable way is to store data, control its access, use it safely, and destroy it effectively? It is possible through ISO 27001.
• ISO 27001 has a systematic approach that helps identify, manage, and reduce the severity of regular threats to your organization’s important information.
• In fact, when you’re an ISO 27001–certified company, it ensures the protection of your information assets, which can further reduce the probability of losing your clients’ trust due to data breaches.
• ISO 27001 procedures also enable your organization to promptly detect a security breach incident and immediately take the required action.
• The information security standard also ensures data integrity with the help of access control, data backup, and data organization procedures. This allows separation of affected data from the rest.

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