7 Things Information Security Management System Helps Organizations to Achieve

Information security has become a major topic of interest to customers and investors alike. With personal data becoming a target for hackers, customers have turned to companies that can enhance the cybersecurity of their businesses. Customers are increasingly choosing companies with a proven track record of preventing or aptly combating data breaches.

Now that hacking has become as common as stealing wallets on the street, you and your business need to protect your customers in every way possible. Instead of focusing solely on onsite security, your information security management systems (ISMS) should be equally important within your organization.

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Here are seven things an ISMS can help your business achieve:

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1.???????Continuous Improvement

It is one of the main characteristics and actions defined by the?International Organization for Standardization. The ISO makes it clear that compliant companies must commit to improving their management processes whenever and wherever necessary.?Therefore, internal and external audits must be carried out periodically so that the company has the chance to review, analyze and change its processes if necessary due to the emergence of a gap or opportunity.

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2.?????Create a Centrally Managed Framework

You may have noticed the increasing number of companies that are adopting a distributed framework system these days. This ensures ease of use for employees working remotely. However, it also increases the risk of cyber-attacks that can make your information vulnerable.

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An ISMS maintains a centralized structure that increases the level of protection within an organization. This way, everything can be monitored and secured in one central area. When issues arise, evaluating them is just a matter of looking at the core structure, rather than looking at the entire network. This allows companies to resolve issues quickly and increase the level of control over current network security.

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3.?????Improved Security Against Risks and Cyber Attacks

When an organization has a heightened degree of cyber resilience, it is more capable of resisting cyberattacks and the damage they cause. Also, with the risk analysis and treatment plan, controls are planned and targeted to prevent any weak point in the system from being exploited.

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4.?????Cost Reduction in Production

With a well-structured risk analysis, the vast majority of investments become more efficient because they are risk-oriented, rather than investments based only on trends.?That is, resources will be applied to reduce risks in general, rather than focusing on a certain area and leaving others exposed.

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5.?????Legal and Regulatory Compliance is Ensured

The implementation of an Information Security Management System guarantees compliance with contractual requirements and with all national and international regulations. This frees your company from irregularities and fines, and also raises its status within the market in which it operates and considerably improves risk management and, consequently, the functioning of corporate activities.

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6.?????Increase in the Trust of Customers and Business Partners

By demonstrating that your organization ensures information security and complies with data protection laws, your business presents itself as a benchmark in the industry it operates in and earns the trust of customers, suppliers, investors, and other business partners. This trust, in turn, translates into business opportunities as consumers feel more secure when buying from companies that are committed to information security, as they are less afraid of their personal information getting exposed.

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7.?????Reduce the Cost Associated with Information Security

An uninformed company often ends up hoarding and using defensive policies and protocols. They think about the quantity and not quality when it comes to information security. However, you cannot expect a good result if these policies and protocols result in a disorganized system and end up not being compatible with each other. Also, this can increase your expenses, as you will be paying for multiple systems and their maintenance. That's why it's not recommended to mix different policies – that is if they work for you, to begin with.

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An ISMS is a complete system tailored to your company. System features will be based on the type of business you own and how you run it. By applying or implementing an ISMS, you can ensure that no information security weaknesses are overlooked. As the complete system seeks to prevent any risk, this will result in little or no damage and cost to your company. Plus, when it's time to improve your business, ISMS can efficiently adapt to ensure your information remains secure.

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It may not be apparent at first, but the payoff of an Information Security Management System will come when everyone finds out about your company's commitment to information security. Don't wait to become a victim of a data breach, get an ISMS and secure your business right away. Contact us to help you begin.

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