In today’s digitally connected world, it’s only a matter of time before your business or organization is the victim of a cyberattack or data breach. It doesn’t matter if you’re a Fortune 500 company or a small start-up — the risk of cyberattacks and data breaches is real and inevitable. By 2025, it is expected the cost of cybercrime will have increased 15% each year and reach $10.5 trillion annually, affecting everyone from corporations to small businesses to non-profits.
With cybercriminals finding new and more sophisticated ways to exploit network vulnerabilities and cause major business disruption, many organizations are partnering with Managed Security Service Providers (MSSPs) to improve their security posture. With the complex nature of security data delivery and applications, it is vital to know how the MSSP you choose treats your critical business data. One way to know this is if they have ISO 27001 accreditation.
What is ISO 27001?
ISO 27001 are international standards that have been established to help organizations with the implementation and management of information security. It also enables them to achieve accreditation where they can be confirmed by a certification body as being best-in-class at information security.
ISO 27001 is the gold standard for cybersecurity frameworks and can be used to manage an organization’s information security program, regardless of their industry sector or vendor alignment. This makes it the perfect framework to establish, implement, maintain and continuously improve your organization’s information security program.
An ISO 27001 Certified MSSP has demonstrated they are experts in best-practice information security processes, implemented an ISMS (Information Security Management System), and had their compliance verified by an external auditor or independent ISO certification body.
To get through the ISO 27001 certification process, an MSSP has demonstrated they take information security management seriously and have invested in the technology, processes, and people in order to protect third-party data. Certification demonstrates an MSSP’s commitment to continuous improvement, development, and protection of information assets by implementing appropriate risk assessments and best practices.
Why is ISO 27001 certification important?
ISO 27001 outlines the best way to manage information security, which includes implementing systems and procedures that are not just about protecting your business from attacks, but also key IT security areas such as confidentiality, availability, and integrity:
- Confidentiality: Ensuring that only authorized users have access to the information and preventing unauthorized users from accessing it
- Integrity: Ensuring data has not been changed without approval, including “origin” or “source” integrity, e.g. being able to confirm any data received has actually come from the person identified as the sender
- Availability: Ensuring an organization’s key resources and data are available, as loss or downtime can put the business at risk.
Businesses and IT systems are always at risk of being attacked, whether it is by a known or an unknown threat. ISO 27001 requires evaluating how risks may affect your business and then implementing prevention measures to mitigate the dangers. It does this by identifying potential problems with a risk assessment approach, then creating plans to prevent these possible problems from happening (risk treatment plan) through security controls or safeguards, such as:
- Policies and processes
- Procedures and organizational structures
- Hardware and software
In order to ensure businesses are making the right decisions about their IT security, it is important to implement and evaluate these factors regularly. Internal audits are an essential tool for verifying all of these systems are in place and working effectively and your ISMS meets the requirements of the standards.
Benefits of ISO 27001 certified MSSP
Selecting the right provider for your business is crucial in today’s world, especially when it comes to cybersecurity. In today’s landscape, it’s imperative that your MSSP follows strict ISMS governance in order to minimize the risk of your business incurring a security incident and ensure you maintain continuity during such an event.
Choosing an ISO 27001 accredited MSSP ensures your data is stored in a safe environment, being processed with the best practices. When you choose a MSSP who has attained ISO 27001 certification, you eliminate uncertainty and concern about the security of your data.
As information security threats and security requirements change, it is important to work with an ISO 27001 certified MSSP so your business benefits from continual improvement and can achieve compliance with the standards. Another advantage of ISO 27001 certification is it can be a business organizational tool, assisting with:
- Risk management
- Human resources
- Business continuity planning
- Regulatory compliance
Reduce your information security risk
There is no way to eliminate the risk of cyber-attacks and data breaches completely. With BCS365 as your ISO 27001 certified managed security service provider, your organization can minimize the chances you will be vulnerable to an attack that could have disastrous financial and legal ramifications.
BCS365’s ISO27001 accreditation demonstrates our commitment to protecting data with IT security best practices. Contact the security specialists at BCS365 today.