What you need to know about ISO 27701
Sometimes referred to as PIMS, ISO 27701 is an extension of ISO 27001 designed to help organisations comply with privacy laws around the globe, as well as help organisations manage personally identifiable information appropriately. Personally identifiable information is information that reveals a person’s identity either on its own or in combination with other data. ISO 27701 sets guidelines for processors and controllers of personally identifiable information to collect, store and use personal information appropriately. The standard aims to ensure organisations can meet the requirements of ISO 27001 as well as specific requirements relating to privacy as part of this standard. The scheme also assures that organisations are complying with privacy laws as well as managing personally identifiable information appropriately and securely.
Why would you choose ISO 27701
All organisations store and utilise information about their workers, clients, and suppliers for various reasons. Laws and regulations have been put in place around the world to reduce the risk of data breaches and protect digital privacy. The PIMS standard provides a guide for the implementation and continual improvement of an information security management system that meets legal requirements surrounding digital privacy regardless of which jurisdictions you operate in.
Due to our technological advancement organisations have become more connected, leading to increased productivity and workflow. With the increased reliance on digital data comes the increased risk of breaches. Laws have been put in place globally to reduce these risks and protect digital privacy.
By now you’re probably asking yourself, how can businesses assure they are keeping up with the rapidly changing regulatory requirements? PIMS specifies the requirements for establishing, implementing, maintaining, and continually improving an information security management system. In turn, this helps your organisation meet digital privacy requirements no matter what jurisdictions you work in.
Benefits of the ISO 27701 Certification
ISO 27701 Privacy Certification provides your organisation with an independent endorsement to clients, suppliers, and other stakeholders that your organisation has adequate information systems in place to ensure personally identifiable information is handled with care and that your organisation takes privacy seriously.
Additionally, PIMS allows you to have confidence that you are compliant with privacy regulations globally, including, but not limited to, Australia’s Privacy Act and the EU’s GDPR regulations. An increase in trust from clients and suppliers as you can demonstrate you are meeting personally identifiable information protection standards worldwide. Furthermore, it allows you a competitive advantage in your marketplace as clients and suppliers are assured you are treating their personal data with care.