ISO 27001 in the banking industry: “One standard to rule them all”

0
0

ISO 27001 Certification in Bangalore ISO 27001 is a globally recognized standard published by the International Organization for Standardization (ISO), which provides a framework that companies of any size and industry can utilize to implement a custom-made and effective Information Security Management System. The framework is not designed to just manage IT security, but to manage information security holistically across the company by implementing both technical and non-technical controls.

And many other (country-specific) laws and regulations

Having so many different requirements makes information security and privacy compliance a complex task. Although every industry has its fair share of laws, standards, and regulations, the financial and banking industry, together with healthcare, are amongst the most highly regulated industries. And, as if that is not enough, the fast developments in Fintech (financial technology), besides many opportunities, introduce a lot of complexity to governance and compliance. So, where and how does ISO 27001 settle in?

 

A single management system

ISO 27001 Registration in Bangalore ISO 27001 offers a framework that can bring together the different laws, regulations, and contractual requirements in one ISMS. Its well-thought-out design has also led to the fact that many data protection standards and laws use ISO 27001 as a basis, which makes implementation much easier. Using a single security management system requires better design and planning in the start-up phase, but once in place, it provides better governance, greater efficiency (less overlap), and more risk control by providing information.

 

ISO 27001 for banks: A game-changing security investment Benefit of certification to ISO 27001 for banks

In organizations that are subject to so many laws and regulations, such as banks and their vendors, the main benefit is compliance. That means being able to prove that controls have been implemented in accordance with all the different laws and regulations from a single, independently certified management system. As mentioned before, a lot of laws and standards are designed with ISO 27001 in mind, which makes working with (supervisory) authorities much easier. Over the last few years, ISO 27001 has increasingly become a default contractual requirement that banks include in their agreements

 

 

 

Scope of ISO 27001 in the banking industry

ISO 27001 Implementation in Bangalore as said, the ISO 27001 framework is not designed to just manage IT security; it is designed to manage information security holistically across the company by implementing both technical and non-technical controls. ISO 27001 contains 10 clauses and 114 controls divided over 14 control sets. All the ingredients to have an effective and efficient Information Security Management System are included within the framework, without becoming overly prescriptive in the requirements, enabling the ability to integrate all of the different requirements. @certvalue.com.

 

How to get ISO 27001 Certification in Bangalore:

Instructions to get How to get ISO 27001 Certification in Bangalore ISO/IEC 27001 affirmation cost for associations relies upon a critical number of factors, so each organization should set up a totally different financial plan. Comprehensively, the fundamental expenses are identified with:

  • Training and writing
  • External help
  • Technologies to be refreshed/actualized
  • Employee's exertion and time
  • The confirmation review

 

 

 

 

 

 

Search
Categories
Read More
Other
How To Shop For A Car And Protect Yourself
Consumers often feel stressed about a car purchase. There are dozens of options, so many people...
By Graves Boykin 2021-09-17 09:04:13 0 0
Other
모바일 홀덤 추천포커 진짜 환급 찐으로 믿고 오십시오 홀덤 대박 스타일 보장 ⓖ Get The Most From Your Home Business
또한, 커뮤니티 카드의 상황에 따라 최고의 패(Nut)를 알 수 있다. 예시를 들면 커뮤니티 카드가 ◇A, ♡3, ◇5, ♡6, ♠Q 일 때에는 7과 4를 들고...
By Gleason Napier 2021-09-15 09:06:19 0 0
Other
Printing's Lingo
To have the tongue of the professionals in printing is significant to understand what they are...
By Iqbal Barrett 2021-09-18 02:37:15 0 0
Other
Don't Waste Your Money, Take Our Online Shopping Advice
Do you want to impress friends and family with your online shopping prowess? Do you need to save...
By Ottosen High 2021-09-15 17:19:16 0 0
Other
Telecom Service Assurance Market COVID-19 impact, Overview, Competitive Landscape and Regional Forecast To 2027
Global Telecom Service Assurance Market Research Report: By Component (Product and Services),...
By Shweta Raj 2021-08-13 14:35:49 0 0