Is there a management review of the risk assessment and risk treatment plans?
Risk assessments and risk treatment plans must be reviewed at planned intervals at least annually as part of the organization’s ISMS management review. Analyze Return on Investment Based on the groundwork done so far, companies should be able to arrive at approximate time and cost estimates to implement the standard for each of the scope options. Organizations need to keep in mind that the longer it takes to get certified, the greater the consulting costs or internal staff effort. For example, implementation costs become even more critical when implementation is driven by market or customer requirements. Therefore, the longer compliance takes, the longer the organization will have to wait to reach the market with a successful certification.MOVING FORWARDImplementing ISO 27001 requires careful thought, planning, and coordination to ensure a smooth control adoption. The decision of when and how to implement the standard may be influenced by a number of factors, including different busine
