ISO 27001:2022

ISO/IEC 27001 is applicable to the processing of a customer for the purposes determined by the customer under its contract with the cloud service provider.

By adopting ISO/IEC 27001, an organization can :

• Use it as a guideline to facilitate the compliance with the relevant data protection requirements;
• Win the confidence of customers to entrust their data in the cloud, and thus broaden their customer base; and
• Assist public cloud service provider, operating in a multinational market, in coping with various national data protection standards and performing complex assessments in each jurisdiction
• Form a basis to enable the secure exchange of information and to protect data privacy, in particular relating to sensitive information;
• Manage and lower risk exposure, hence less chance of incidents being realized and in turn reducing time and money spent on responding to incidents;
• Strengthen the internal organization and improve the security structure of the business, such as to clearly define responsibilities and duties related to information security;
• Reduce the resources needed for completing security-related information in bidding for contracts, as well as on-going submission after the contracts awarded, as required by clients
• Are taking appropriate control measures to protect confidential and privileged information.
• Are following international best practices to mitigate cyber threats and have cyber incident response and management processes to respond to cyber attacks.
• Have established a formal information risk management process and a functioning ISMS or Information Security Risk Management System.
• More tangible business benefits of having formal risk management processes and an ISMS include
• Building a solid foundation to comply with existing and upcoming national and international regulations (like the EU GDPR, for example) thereby, possibly, avoiding costly regulatory penalties and financial loss.
• Increasing the overall security maturity of your business.
• Assuring customers and regulators that the business takes cyber security risks seriously.
• Protecting and enhancing your brand reputation.
• Satisfying audit requirements by internal teams, customers and or regulators.
• Possibly realising financial savings in the long run (reduce expenditure on technology incidents, regulatory fines and non-compliance).