A data breach is something that all organizations want to avoid. When using third-party software it is important that the software provider has the same – or better – security standards as your own organization. But how can you know if a software provider carries a certification that meets your standard? This is where ISO 27001 comes in.
ISO/IEC 27001 is the world’s standard for information security management systems (ISMS) and their global requirements. Certification is covered by more than a dozen standards in the ISO/IEC 27000 framework. ISO certification enables organizations of all sectors and sizes to manage the security of financial information, intellectual property, employee data and information entrusted by third parties.
SOC 2 is a set of audit reports that demonstrate conformity to a set of defined criteria (TSC). ISO 27001 is a standard that establishes requirements for an Information Security Management System (ISMS).
The International Standards Organization (ISO) define foundational principles and guidance for businesses on a global scale, and define certification processes for businesses to demonstrate their compliance with ISO standards. This standard is for Information Security Management and is an important standard (along with the near equivalent SOC2 compliance in the US) to help businesses recognize suppliers that meet this important software security standard.
If your business operates within the financial or healthcare industries in the United States SOC 2 certification may be best for you. However, most international organizations prefer the ISO standard.