Certification to ISO 27001 can be a great way to improve the security of your business. ISO 27001 is an internationally recognized standard that provides a framework for managing information security risks. However, it can be expensive to get certified. In this blog post, we will discuss the cost of ISO 27001 certification and how you can get the most value for your money!

Steps Involved in the ISO 27001 Certification process 

1. Preparation 

The first step is to prepare your organization for ISO 27001 certification. This includes implementing the necessary security controls and procedures and documenting them in an information security management system (ISMS). The cost of this phase will vary depending on the size and complexity of your organization, as well as the number of security controls you implement.

2. Implementation 

The next step is to implement your ISMS and put it into practice. This includes training your staff on the new security procedures, conducting risk assessments, and auditing your system to ensure it is compliant with ISO 27001. The cost of this phase will again depend on the size and complexity of your organization, as well as the number of staff you need to train.

3. Certification 

The final step is to get certified by a certification body. You will have to register for the certification process and pay a fee. The cost of this phase will depend on the certification body you choose and the country in which you are located.

How Cost Varies for a Small, Medium, and Large Organization?

The cost of achieving ISO 27001 certification will vary depending on the size and complexity of your organization. For small businesses, the investment required to achieve certification may be relatively low. However, for larger organizations, the costs can be considerable. The reason for this is that larger organizations will typically have more employees and more complex systems in place. As a result, they will need to invest more time and resources in order to meet the requirements of the standard. In addition, larger organizations may also be required to pay more for certification due to the increased risk they pose.

Various Costs Involved in Getting ISO 27001 Certified

There can be various costs involved in getting ISO 27001 certified. These costs can result from the following:

ISO 27001 Standard Requirements:

There is a cost associated with the ISO 27001 standard itself. The standard can be purchased from the ISO website or from a number of other sources. The cost is typically around $200 USD.

ISO 27001 Training

In order to obtain ISO 27001 certification, your organization will need to provide ISO 27001 training to its employees on the requirements of the standard. This training can be provided internally or externally, and the cost will vary depending on the approach you take. 

Consultant Fees

If you decide to use a consultant to help you with your ISO 27001 certification, you can expect to pay for their services. Consultants typically charge by the day or by the hour, and their fees can range from a few hundred dollars to several thousand dollars depending upon their experience and the scope of work.

Infrastructure

In order to meet the requirements of ISO 27001 training, your organization will need to have certain infrastructure in place. This includes things like an information security management system (ISMS), security policies and procedures, and adequate physical and logical security controls. The cost of this infrastructure will vary depending upon the size and complexity of your organization.