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Have you ever tried to persuade management to provide funding for information security implementation? They will ask you how much does ISO 27001 certification costs, and if it sounds too pricey, they will say no, so if you have experienced this, you probably know how it feels.
Actually, the company's profitability is ultimately their responsibility. In other words, their every choice is dependent on how well is ISO 27001 investment and benefit balance, or ROI (return on investment) in management parlance. This means that you must conduct your research before attempting to suggest such an investment. Carefully consider how to communicate the benefits of ISO 2001 certification in a manner that the management will accept.
WIZMS, best ISO certification body in UAE will make it easy for you to see that information security, and specifically the use of ISO 27001:2015 certification, has several advantages. However, in my opinion, the following four are crucial:
The first benefit of ISO 27001 certification, but it frequently yields the fastest "return on investment": if a company must abide by various laws pertaining to data protection, privacy, and IT governance then ISO 27001 can introduce the methodology that enables it to do so in the most effective manner. Even more crucially, you must adhere to the ISO standard if an existing client requests it in order to keep the client.
Finding something that will set you apart from your competitors in an increasingly competitive market can be very challenging at times. In particular, if prospective consumers demand that their data be handled with extreme care, ISO 27001 may be a differentiating factor that helps you stand out from your competitors.
Read the article ISO 27001 Compliance Checklist
Information security is typically viewed as an expense with no clear financial benefit. But if you cut back on incident-related costs, you'll make money. You probably do occasionally experience service interruptions, data leaks, or disgruntled staff. or displeased former workers. Sincerely, there is yet no approach or technology available to figure out how much money you could save by avoiding such situations. However, it always sounds good if you alert management to such instances.
This one is likely the most underappreciated; if your business has been expanding quickly over the past few years, you may run into issues with who gets to make decisions, who is in charge of particular information assets, who has to grant access to information systems, etc.
It will push you to define roles and duties very explicitly, which will enhance your internal organisation. ISO 27001 is particularly adept at sorting these things out. In conclusion, ISO 27001 may offer more than just a certificate to hang on your wall. In most circumstances, the management will start paying attention to you if you explain those benefits in a concise manner.
Read the article ISO 27001 for Startup Companies