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

• Posted by Roopesh N October 5, 2020 - Filed in Other - #ISO 27001 in Sri Lanka  - 1,180 views

  ISO 27001 Certification in Sri Lanka Why should the banks go with ISO 27001? If you know the “Lord of the Rings” saga, the headline of this article is having that probably it sounds familiar. “One ring has to rule them all” that may refers to the magic ring which has the power to control all other magic rings. Am I saying that ISO 27001 does have the magic in the banking industry? Well… no, unfortunately not. But when “forged” well, an ISO 27001-based on the Information Security Management System (ISMS) can be used to manage all the different information security with the frameworks banks are subject to.

  What is the 27001?

  ISO 27001 Cost in Sri Lanka The ISO 27001 is a globally recognized with certain standard that was published by the International Organization for Standardization (ISO), which may provides a framework that the companies of any size and industry can utilize to implement a custom-made and effective Information with the Security Management System.

  ISO 27001 Certification services in Sri Lanka The framework does not designed to just manage the IT security, but to manage the information with very security holistically across the company by implementing the both technical and non technical controls.

  Information and regulation in the banks

  ISO 27001 Consultant in Sri Lanka Massive amounts of data are processed and also stored by the banks, most of it sensitive or very sensitive in nature. Banks must be in the control all that data in line with contractual requirements, but at the same time also be compliant with many laws and regulations governing the security and privacy of all this data.

  A few laws and the standards that are common

  • Sarbanes–Oxles Act
  • New York State Department must have the Financial Services.
  • And many of the other laws and regulations.

  ISO 27001 Consulting Services in Sri Lanka Having so many of the different requirements that makes an information security and privacy compliance a very complex task. Although every industry has its fair share of laws, standards, and regulations, the financial and banking industry, together with healthcare, are amongst all the most highly regulated industries.

  A single management system

  ISO 27001 Services in Sri Lanka ISO 27001 offers a framework that can bring together the different laws, regulations, and also with contractual requirements in one of the ISMS. Its well-thought-out design has also led to the fact that lots of data protection with the standards and laws use ISO 27001 as a basis, which makes implementation much easier.

  ISO 27001 Consultancy in Sri Lanka Using a single security management system requires the better design and planning in the start-up phase, but once in that place, it provides a better governance will have the greater efficiency, and more risk control by providing information across the board, pointing out risks, gaps, opportunities, and priorities. Next to that benefit, the ISMS also enables banks to certify against ISO 27001, showing that an independent body has assessed with the effectiveness and efficiency of an information security controls.

  Our advice, Go for it
   By looking all reason everyone getting how the ISO 27001 certification will help to information security management system. If you are looking to get an ISO 27001 Consultant Services in Sri Lanka?
   How to get ISO 27001 Consultant Services in Sri Lanka?
  Certvalue is one of the leading ISO 27001 Consultants in Sri Lanka to providing the information security management system to all organizations. We are one of the well-recognized firms with experts in every industry sector to implement the standard with 100% track record of success. You can write us at contact@certvalue.com or visit our official website at we are ISO Certification Consultant Companies in Saudi Arabia, Australia, Oman, Lebanon, Qatar, New Zealand, Afghanistan, Kuwait, Malaysia, Italy and India. Certvalue and provide your contact details so that one of our certification expert shall contact you at the earliest to understand your requirements better and provide best available service at market.