ISO 27001:2005 is an obsolete Standard, this certification is not in operation and any certificate issued under this standard is void now. New version of the Information Security Management System is ISO 27001:2013. The ISO 27001:2005 is an international standard specifies the management of security system and manages the risks to the security of information you hold. The certification to ISO 27001 allows you to demonstrate your clients that you are managing, operating, monitoring, measuring, reviewing, executing and improving a documented Information Security Management System under your control. ISO 27001:2005 provides a set of standardized requirements for an information security management system, to implement the security controls which are customized to the needs of individual organizations. The standard covers all types of organizations (e.g. commercial enterprises, government agencies, non-profits), all sizes (from micro-businesses to huge multinationals), and all industries or markets (e.g. retail, banking, defense, healthcare, education and government).
The aim is not only to determine the gaps, but to close them and comply with the requirements of ISO/IEC 27001:2005. Without this phase, implementation would be an onerous project. This phase also involves policy definition (ISMS policy and other supporting policies) and carrying out a comprehensive risk assessment on the overall information assets of the organization (i.e., those within the scope of the ISMS).
Benefits of ISO 27001 certification
• Protect your organization from security incidents that could destroy your reputation
• Protects organization’s image
• Improve organization image and reputation
• Increase customer satisfaction
• Safeguard clients’ information and manage information security professionally
• Supervise the risks to information security effectively
• Achieve compliance
• Create a manageable, efficient methodology approach to ensure regulatory compliance
• Enhance control over business assets
Moving from ISO 27001:2005 to ISO 27001:2013
This standard has been revised by ISO 27001:2013 and old standard ISO 27001:2005 is withdrawn now, you may kindly visit the following link for information of ISO 27001:2013.
YES BANK, India's new age private sector Bank has now been certified for its “Information Security Management System (ISO 27001)â€. This certification follows the ISO 10002:2004 certification for Complaints Management recently received by the Bank in August 2010, which was the First in India and the Third in the global banking Industry. The ISO 27001:2005 certification provides the standards for establishment, implementation, monitoring and review, maintenance and improvement, and an overall management and control framework for managing an organization’s information security risks. The Information Security Management process is a part of the overall Risk Management processes of the Bank.
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