Think of those standards as a formula that describes the best way of doing something
When it comes to keeping information assets secure, organizations can rely on the ISO/IEC 27000 family.
ISO/IEC 27001 is widely known, providing requirements for an information security management system (ISMS), though there are more than a dozen standards in the ISO/IEC 27000 family. Using them enables organizations of any kind to manage the security of assets such as financial information, intellectual property, employee details or information entrusted by third parties.
The 14 domains of ISO 27001 provide the best practices for an information security management system (ISMS). As outlined in Annex A of the ISO standard, this approach requires companies to determine information security risks and then choose appropriate controls to handle them
ISO 27001 essentially establishes the compliance standards for becoming certified. ISO 27002, on the other hand, is a set of guidelines designed to assist you in introducing and implementing ISMS best practises.
In a nutshell, ISO 27002 is a reference manual or a practise test. It's absolutely packed of regulations, guidelines, and pointers to assist you prepare for the "exam" – ISO 27001. There is no such thing as ISO 27002 certification, therefore don't worry about it! It exists solely to assist you in preparing for ISO 27001.
The General Data Protection Regulation (GDPR), the Data Protection Law Enforcement Directive and other rules concerning the protection of personal data
The GDPR (General Data Protection Regulation) was adopted by the European Parliament in April 2016 as a replacement for an outdated data protection directive from 1995. This regulation is scheduled to take effect on May 25, 2018. It includes procedures that enterprises must use in order to secure personal (sensitive) data and, as a result, maintain privacy for EU individuals. As a result, GDPR comes into the equation to control all transactions that occur within EU member states as well as personal data that must be exported to countries outside of the EU.
The GDPR would cover primary identifying information (such as name, address, and ID numbers), online data (such as location, cookie data, IP address, and RFID tags), health and genetic data, racial or ethnic data, sexual orientation, biometric data, and political beliefs. It is a requirement that any organisation (or corporation) that stores or processes sensitive information of EU residents within EU member states conform to GDPR, even if they have no economic presence within the EU.
GDPR would have the greatest impact on the following industries: technology (53%) inline services (45%), software businesses (44%), financial services (37%), internet services or SaaS (34%), and retail or consumer packaged goods (34%). GDPR mandates severe penalties for any type of noncompliance, which can reach up to 20 million euros or 4% of global annual turnover, whichever is greater.
GDPR compliance is required for any application that collects, processes, or maintains personally identifiable information (PII) about EU citizens. To guarantee that the application is GDPR compliant, the following critical points must be properly adhered to.
The Payment Card Industry Data Security Standard (PCI DSS) is a collection of security rules supported by the five most powerful payment companies in the world: Visa, Mastercard, JCB, Discover, and American Express. Any firm (merchant or service provider) that stores, processes, or transmits payment card data must certify to their compliance with the standard on an annual basis.
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