Morrisec
Speciality: Real-World Penetration Testing
Cybersecurity company based in Sydney, Australia; specializes in tailored security strategies, risk management, and penetration testing with real-world attack simulations and manual techniques; 10 employees, founded 2023, experiencing 44.4% YoY growth.
ISO/IEC 27001: Information Security Management System Certification
Origin
ISO/IEC 27001 was developed jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), first published in 2005 and most recently updated in 2022. It evolved from the British Standard BS 7799, which was created in the 1990s by the UK government and industry experts to address growing information security concerns. The standard was developed to provide organizations with a systematic framework for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS), helping them protect sensitive data in an increasingly digital business environment.
Industry Value and Importance
ISO/IEC 27001 is globally recognized as the gold standard for information security management, valued because it demonstrates an organization's commitment to protecting confidential information through risk-based controls and continuous improvement. The certification is particularly important for organizations handling sensitive data, as it helps them comply with legal and regulatory requirements, win contracts (especially with government entities and large enterprises), and build customer trust. Many industries require or strongly prefer vendors with ISO 27001 certification, as it provides independent verification that appropriate security controls are in place, reducing the risk of data breaches and ensuring business continuity in the face of evolving cybersecurity threats.
PCI DSS Certification
Origin
The Payment Card Industry Data Security Standard (PCI DSS) was created in 2004 by the major credit card companies: Visa, Mastercard, American Express, Discover, and JCB International. These companies formed the PCI Security Standards Council in 2006 to manage and evolve the standard. PCI DSS was developed in response to increasing credit card fraud and data breaches, establishing a unified set of security requirements for all organizations that store, process, or transmit cardholder data. The goal was to create consistent security measures across the payment card industry to protect sensitive payment information.
Industry Value and Importance
PCI DSS compliance is mandatory for any business that handles credit card transactions, making it one of the most critical security standards in commerce today. The certification demonstrates that an organization has implemented robust security controls, including network protection, access management, encryption, and regular security testing. Non-compliance can result in severe consequences, including substantial fines (up to $100,000 per month), increased transaction fees, loss of payment processing privileges, and reputational damage following a breach. For IT professionals, PCI DSS expertise is highly valued as organizations across all industries need qualified personnel to implement, maintain, and audit these security controls.
GDPR Certification Overview
Origin
The General Data Protection Regulation (GDPR) was created by the European Union and came into effect on May 25, 2018. It was developed by the European Parliament and Council to modernize and unify data protection laws across all EU member states. The regulation was created in response to the rapid growth of digital technology and data processing, aiming to give individuals greater control over their personal data while establishing clear obligations for organizations that collect, store, and process such information.
Industry Value
GDPR compliance is highly valued in the industry because it demonstrates an organization's commitment to data privacy and security, which has become a critical business concern globally. Organizations with GDPR expertise can avoid substantial fines (up to €20 million or 4% of annual global turnover), maintain customer trust, and gain competitive advantages when doing business with European entities or handling EU citizens' data. Professionals with GDPR certification are in high demand as companies worldwide seek to ensure compliance, implement proper data protection frameworks, and avoid the legal, financial, and reputational risks associated with data breaches and non-compliance.
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