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ISO 27001:2013: Information Security Management Standard

Origin

ISO 27001:2013 was developed and published by the International Organization for Standardization (ISO) in partnership with the International Electrotechnical Commission (IEC). Released in October 2013 as a revision to the original 2005 version, this standard emerged from the earlier British Standard BS 7799, which was created in the 1990s. The standard was developed to provide organizations with a systematic framework for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS), addressing the growing need for consistent information security practices across industries and borders.

Industry Importance

ISO 27001:2013 is highly valued in the industry because it provides internationally recognized criteria for managing sensitive information and mitigating security risks. Organizations that achieve certification demonstrate to clients, partners, and regulators that they follow best practices for protecting data confidentiality, integrity, and availability. The certification is particularly important for companies handling sensitive customer data, those working with government contracts, or businesses operating in regulated industries. It also provides competitive advantages in procurement processes, helps organizations meet legal and regulatory requirements, and reduces the likelihood of costly data breaches through its risk-based approach to security management.