Importance of ISO Information Security Standard in Business Operations

ISO Certification for IT Security is a commonly requested standard by many organizations. The ISO 20000 Standard and ISO 27001 Standard are helpful for organisations to stay protected from unexpected data hacks.

This article highlights the importance of information security standards in business operations. Also, how companies can secure their business systems from hackers. Many instances of cybercrimes around the world have resulted in huge reputational damage. 

In the UAE, cyber-attacks are rising in numbers and as the internet penetration and adoption rate is high. Many companies are getting exposed due to cyber attacks, and hackers ask for ransom.

What is ISO 20000 Certification?

The ISO 20000 Certification is an Information Management System Certification that will help to design a centralized system for the organization. The company’s IT systems can all be grouped and managed with a standardized policy.

The IT Management System will ensure that the digital data that is stored in the computers is centrally managed and stored as per the IT compliance regulations. Also, it helps in managing the data better by following a standard operating procedure.

All employees in an organisation must follow the IT Standard Operating Procedures while managing their digital data. Also, there are several compliance requirements to meet while using the organisational computers and other digital devices.

What is ISO 27001 Certification?

ISO 27001 Certification is the IT Security Standard that will enable organizations to mitigate the risks of potential data attacks. The IT Security Management System will oversee the organization’s IT operations.

There will be strict monitoring and policies in place to avoid any weak links in the system. All employees in the organization will be given training on the efficient use of the IT systems. Often unauthorized access is made through employees’ devices while they access pubic Wi-Fi networks.

So, the ITSM have a policy manual that must be followed by all employees. They must follow the guidelines the right way while accessing the organization’s data, especially in a public space. 

There is a level of access for every employee to the company’s IT systems. Complex and sensitive data is always accessed on-premises and not remotely, especially via public wifi networks.

For accessing sensitive information remotely, a secure server based access must be granted to the overseas or remote employee. Thus, keeping the IT System free from any external hacks. The IT Security Standard will provide all the guidelines to maintain compliance and reduce the impact of a data attack. 

What are the benefits of an IT Security Standard?

Implementing an IT security Standard in an organization has several benefits. It will help organizations in effectively managing their data security and empowering employees to work effectively without the threat of a cyber-attack.

With the ever-increasing number of cyber threats, data and ransomware attacks, having a solid IT Security System is essential. Businesses have to safeguard sensitive data and maintain customer trust.

Also, ensure compliance with the regulatory requirements of IT. So, a well-structured information security management system can enhance the credibility, reputation and mitigate the risk of cyber-attacks. Thereby, creating a secure working environment for the employees.

1. Enhanced Data Security

There is a vast amount of confidential information, such as financial records, employee details, customer information, etc. So, having a standardized security system will help secure the company’s sensitive information.

It helps in enhancing data security and reducing the risk of any unauthorised access and data breaches.

2. Regulatory Compliance

Organizations across industries have strict compliance for IT operations. Often government imposes certain regulations on data privacy and data management. For example, the European Union has General Data Protection Regulations, that ensures, the email IDs and Contact Numbers of European residents are not used for marketing purposes without consent.

Similarly, for ensuring data privacy, there are many compliance requirements to be met by the organization. The IT Security Standard is the solution to it.

3. Employee Awareness and Training

Awareness and providing employees with ample training about the ISO Certifications, cyber security best practices and potential cyber threats are helpful. There are many instances where weak passwords and accessing unauthorised links will lead to phishing attacks.

So, by conducting regular training sessions, the company can educate their staff on the best practices of cybersecurity. These cybersecurity awareness trainings will help employees to clear their queries and avoid potential data hacks in the future.

4. Increase Operational Efficiency

So, conducting a robust Cyber Security framework helps in reducing inefficiency in operations. The standard operating procedure will help in increasing the operational efficiency of the company.

It will help employees to quickly act during the event of a cyberattack. Thus, minimising downtime and potential financial losses. Also, organization must review their existing business operations to remove redundancy and unwanted access to certain information in the IT system.

Additionally, the organization must implement cybersecurity measures across different departments. It will help them stay vigilant and reduce the impact of a cyber-attack.

5. Mitigate Risk

The IT Security Standard has guidelines that will help the team to conduct regular risk assessments and identify vulnerabilities in the existing IT system. Organizations with a well-defined incident response plan can act fast during a cyber attack.

It will help in minimizing the damage of a security breach and prevent further escalations.

6. Enhance Customer Trust

The organization can strengthen customer trust and business reputation by implementing ISO Security Standard. Also, it will help in improving customer retention. The IT Security System will secure customers’ and employees’ financial information.

Customer will confidently share their personal and financial information with an organization that has an ISO Security Management Standard. It helps in increased customer retention, competitive advantage, and enhanced business credibility.

7. Cost Savings

Having a cybersecure environment helps in significant cost savings. IT Security will reduce the likelihood of cyberattacks. Also, IT Security Standard will help save the cost of data recovery, bad reputation, regulatory fees, and more.

Additionally, IT system upgrades, Firewalls, Intrusion Detection, etc., help companies save a lot in further and reduce long-term expenses. So, implementing an IT Security System is a long-term investment. It will prove profitable in the long run and enhance the company’s productivity.

There are multiple ways to protect the company’s data and ensure that regulatory compliance is met. So, organizations must perform routine checks on cybersecurity. Additionally, the IT Security Standard also helps brands to prioritise on IT strengths and reduce cyber-attacks.

Connect with our team to know more about the ISO Cyber Security Standards right away!

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About the author

ISO Consultant who is expert in writing about the latest ISO Certification Standard, Business Benefits of various ISO Standards, Organizational Improvements, ISO Training, ISO Auditing, Latest ISO Certification Amendments and more.