ISO 31000:2018
To achieve ISO 27001 compliance, a company needs to have a solid risk management framework. Compliance can be achieved by implementing ISO 31000 or a comparable risk management system. It’s crucial for making sure that the ISMS that comes out of adopting the standard deals with the risks thoroughly and suitably.
The importance of ISO 31000 lies in its comprehensive approach to risk management. It provides a systematic and structured framework for identifying, assessing, treating, and monitoring risks across an organization. By adopting ISO 31000, organizations can establish a proactive risk management culture and make informed decisions to protect their information assets.
In 2009, the International Organization for Standardization (ISO) issued ISO 31000, an international standard that serves as a guide for the design, implementation, and maintenance of risk management; it was revised in 2018. The standard is named ISO 31000:2018 Risk Management –...