What is ISO 27001?

ISO 27001 is an international standard that defines the requirements for an Information Security Management System (ISMS), with its primary goal being the protection of information through physical, technical, and organizational measures. The ISO 27001 Information Security Management System is applicable to banking and financial institutions, IT sectors, economic sectors, and all public or private organizations.
Information security is a crucial component of IT (Information Technology) management. Similar to information technology, information itself is becoming a strategic driver of organizational activities, making effective IT and information management a critical strategic point for many companies. This standard will enable enterprises to ensure that their IT security strategies are coordinated, coherent, clear, cost-effective, and tailored to their specific organizational and business needs.

Benefits and Advantages of Implementing ISO 27001:

ISO 27001 provides a framework necessary for establishing a secure system. An ISO 27001 compliant system will provide a systematic approach to identifying and addressing a wide range of potential risks that an organization's information might face.
Benefits of implementing an Information Security Management System in a company include:

•  Proof of compliance with ISO 27001 requirements
• Alignment with best practices in risk management regarding information ownership and security
• Compliance with laws and regulations
• Systematic protection against dangerous and potential costs of malicious computer use, cybercrime, and other negative impacts
• Improved credibility among staff, clients, and partner organizations
• Financial benefits
• Enhanced service sales
• Practical decisions related to security techniques and developmental solutions
• Shared responsibility for information security across all levels of the organization
• Improved market opportunities