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Why Banking Industry should opt ISO 27001: “One standard to rule them all”

Why Banking Industry should opt ISO 27001: “One standard to rule them all”. ISO 27001 certification in India-based (ISMS) Information Security Management System is applicable to manage all information security frameworks.

What is ISO 27001 Certification in India? 

ISO 27001 standard is an internationally recognized certification published by the (ISO) International Organization for Standardization, it offers a framework that industries of any size can apply this certificate to make their data security management more strong. 

ISO 27001 certification does not control only IT security, but it controls information security holistically in terms of technical and non-technical.

NOTE: ISO 27001 Certification in India developed by the best information security expert’s and it has opted as the best information security certification worldwide.

Banks Information and Regulation:

A vast amount of data is processed by the banks on daily basis. It may be sensitive or insensitive data. Banks must control the data as per the regulations. But at the same time, banks are also compliant with other regulations and laws governing security.

Running several different requirements put data security and privacy compliance in difficulty. As we know every industry has its share of laws, regulations, and standards, banking and financial industry mutually with healthcare are the highly regulated industries.

ISO 27001 single management system:

ISO 27001 Certification provides a framework that brings different laws together, regulations, and contractual requirements in one information security management system. Now a day’s many industries implement ISO 27001 Certification in India to make data protection much easier. 

While using one security management system makes better design and planning in the first period. And it provides good governance, better efficiency, and higher-level risk control by providing information across the board. Once the banks are certifying against ISO 27001, expose that a self-regulating body has assessed the efficiency of information security controls.

The benefit of ISO 27001 Certification in Banks: 

Organizations which follows different laws and regulations, like bank and their vendor, the important benefit is the compliance. It means that ISO 27001 certification has been implemented according to all laws and regulations with a single certificate. A number of standards and laws are defined with ISO 27001 certification, which makes data security so easier. 

Hope the above blog helps you to understand that Why Banking Industry should opt for ISO 27001: “One standard to rule them all”. For further details, go with SIS Certifications ISO certified body in India. Contact our auditors to get details about ISO 27001 and certify you’re banking system with the best services.

by siscertifications on 2021-04-16 03:40:32