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ISO/IEC 27001 - Information Security Management System
Overview

Information is the lifeblood of all organizations and can exist in many forms. It can be printed or written on paper, stored electronically, transmitted by mail or by electronic means, shown in films, or spoken in conversation. In today's competitive business environment, such information is constantly under threat from many sources. These can be internal, external, accidental, or malicious.

There is a need to establish a comprehensive Information Security Policy within all organizations. You need to ensure the confidentiality, integrity, and availability of both vital corporate information and customer information.

An Information Security Management System (ISMS) is a systematic approach to managing sensitive company information so that it remains secure. It encompasses people, processes and IT systems.

ISO/IEC 27001:2005 (formerly BS 7799-2:2002) establish best practices of control objectives and controls in the following areas of information security management:

•  Security policy;
•  Organization of information security;
•  Asset management;
•  Human resources security;
•  Physical and environmental security;

•  Communications and operations management;
•  Access control; •  Information systems acquisition, development and maintenance;
•  Information security incident management;
•  Business continuity management;
•  Compliance.

Benefits

ISO/IEC 20000 certification demonstrates that an organization has adequate controls and procedures in place to consistently deliver a cost effective, quality IT service.

Some of the benefits of ISO 27001 are:

•  Keeps confidential information secure
•  Provides customers and stakeholders with confidence in how you manage risk
•  Allows for secure exchange of information
•  Allows you to ensure you are meeting your legal obligations
•  Helps you to comply with other regulations (e.g. SOX)
•  Provide you with a competitive advantage
•  Enhanced customer satisfaction that improves client retention
•  Consistency in the delivery of your service or product
•  Manages and minimises risk exposure
•  Builds a culture of security
•  Protects the company, assets, shareholders and directors

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