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What are the Objectives of ISO 27701 and What Advantages Does it Offer?

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Punyam
What are the Objectives of ISO 27701 and What Advantages Does it Offer?

ISO/IEC 27701 is the global standard for data management and privacy. The information security management standards ISO IEC 27002 and ISO IEC 27001 are built upon. Standards that are directly relevant to ISO 27701 are included in data protection laws like the General Data Protection Regulation (GDPR). The most recent standard was developed in order to abide by the GDPR and other privacy regulations. The ISO 27001 is the recommended specification for creating an information security management system. Establishing ISO 27701 as the industry standard for creating privacy information management systems is its main objective.


The expansion of the ISO 27701 standard covers the need for a general data protection regulation. controls that support companies in the ethical acquisition and handling of personal data. The creation and management of a privacy information management system (PIMS) will be made possible for your company as a result. For your business to consider implementing, the extension, like ISO 27001, will include control goals and controls. Organizations that have already adopted ISO 27001 or who want to do so can add ISO 27701. They may carry out this step to aid in adhering to data protection rules. To protect personal information, each country has passed its version of the General Data Protection Regulation, which is becoming more commonplace globally.

There has never been a greater pressing need for guidelines on how businesses should manage and protect customer information and privacy. Fortunately, there is direction in the form of ISO/IEC 27701:2019, an International Standard that outlines how organizations should manage personal information and establish compliance with international privacy standards.


Indication of Compliance with Data Protection Regulations and Legislation

The ideal method for managing compliance with laws from many international jurisdictions is provided by ISO 27701. The British Standard BS 10012 differs significantly from it in that it is jurisdiction- and law-neutral. Most importantly, it complies with the GDPR, and one of the appendices covers how it maps to the Regulation. Naturally, you will produce documentary proof of how you process personally identifiable information (PII) if you adhere to ISO 27701's requirements. A privacy information management system (PIMS) will allow data protection managers to ensure compliance by using ISO 27701 documentation evidence. An information security management system called the Privacy Information Management System (PIMS) integrates privacy protection that may be impacted by the processing of personally identifiable information (PII).


In addition to reassuring senior management and the board, ISO 27701 certification can also assist you in fostering trust with other stakeholders (such as clients, partners, and shareholders) by offering verifiable proof of your company's dedication to PII protection. This is especially true if your PIMS has certification from a recognized certification body. If you process PII, you can utilize the certification to show PII controllers’ valid proof that your PIMS complies with pertinent privacy laws. The adaptability of ISO 27701 is a significant characteristic. Both ISO 27701 and ISO 27001 are effective for all organizations. It was developed in a way that allows organizations of various sizes and from all industry sectors to use it. Additionally, it is set up to distinguish between the recommendations for PII controllers and PII processors.


Does an organization need to implement or be certified to ISO 27001 first?

The quick answer is no, although it undoubtedly helps. If you already have an information security management system (ISMS) in place that complies with ISO 27001, adding the processing of personally identifiable information and creating a PIMS should be rather simple. But if your company hasn't yet adopted ISO 27001, you can do so by putting in place an integrated information security and privacy management system and earning certification for both 27001 and 27701 at once.


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