ISO/IEC 27001 (Information Security Management)
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Pronunciation
[eye-es-oh slash eye-ee-see two-seven-zero-zero-one]
Analogy
Like a comprehensive safe and policy regimen in a bank vault, covering physical locks, surveillance, access rules, and incident procedures.
Definition
An international standard that specifies requirements for establishing, implementing, maintaining, and continually improving an Information Security Management System (ISMS) to protect confidentiality, integrity, and availability of information assets.
Key Points Intro
ISO/IEC 27001 provides a risk‑based framework for managing information security systematically.
Key Points
Risk assessment: Identify and treat information security risks.
Security controls: 114 controls across domains (A.5–A.18).
Policy framework: Define ISMS scope, objectives, and governance.
Continuous improvement: PDCA cycle with internal audits.
Example
A crypto custodian obtains ISO 27001 certification, implementing access controls, encryption, monitoring, and incident response plans for wallet infrastructure.
Technical Deep Dive
ISMS includes Statement of Applicability, risk treatment plan, asset inventory, control objectives (e.g., A.9 access control), and metrics. Management reviews and corrective actions follow audit findings.
Caveat
Maintaining certification requires ongoing audits and resource investment.
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