We’re in a digital economy where data is more valuable than ever. It’s the key to the smooth functioning of everything from effective administration to businesses. Without it, progress would halt. You probably have heard the expression "data is the new oil." Data today is fuelling an increasing number of businesses. Personalized customer experiences, automated marketing messages, and science-driven insights all depend on the quality and volume of the information. Firms are eager to collect data. Regulators, on the other hand, are working hard to protect the privacy and safety of individual and organizational data.
Businesses often face challenges globally as they aim to comply with data privacy regulations like Europe's General Data Protection Regulation (GDPR) & other local regulations. In India currently, data privacy is in an amorphous state, and soon with the adoption of the Digital Personal Data Protection Act, 2022 stringent rules and regulations will be in place to manage information privacy. The French data protection authority, the CNIL, has recently recognized the interest of the ISO/IEC 27701:2019 standard for data protection. To demonstrate organizational compliance with data privacy and security various management systems can be adopted and one of them is ISO 27701.

ISO 27701:2019 is the first global privacy management standard. It sets out requirements relating to the implementation of a Privacy Information Management System (PIMS). The ISO 27701 standard serves to demonstrate compliance with data protection regulations and represents an extension of the well-known ISO 27001. Both standards and the combined management system are based on the principles of confidentiality, integrity, and availability of data and information. The conformity with the standard’s requirements is certifiable & businesses can get certified by adoption and implementation of the requirements of the standard.  The ISO/IEC 27701:2019 proposes a set of additional requirements and guides dedicated to the protection of personal data in extension to ISO 27001.

Risk-based Approach
The ISO/IEC 27701 encapsulates a risk management process defined by ISO as the “organized application of management policies, procedures, and practices to the activities of communicating, consulting, establishing the context, identifying, analyzing, evaluating, treating, monitoring and reviewing risk.’ In the ISO/IEC 27701:2019, the risk management process aims to assess and address the data security risks associated with the loss of confidentiality, integrity, and availability of personal data.

Certification Process
This is typically a two-stage process consisting of a system appraisal and an initial assessment, the duration of which is dependent on the size and nature of your organization.
The successful demonstration by an organization against the requirement of the ISO 27701 standard during the third-party assessment by the Conformity body will result in certification. The certification cycle is of 3 years with the first year being for Readiness and Certification Audit. In the following 2 years, annual Surveillance audits are conducted to assess compliance with the existing system requirements and to capture the changes, if any.

Need and Benefits of Adopting ISO 27701

• Ensures legal and regulatory compliance.
• Minimizes the risk of data privacy breaches and hence the potential consequences.
• Building trust with existing stakeholders and potential customers.
• Defines roles and responsibilities clearly
• Offers a structured framework that could be used by businesses to streamline their internal personal data processing activities.
• ISO 27701 satisfies the demand from your customers and suppliers for managing the data privacy requirements.

How can we help?
Quality Austria offers the Certificate for Privacy Information Management Systems as per ISO 27701 standard – in the form of an extension to ISO 27001. Our assessors are qualified professionals with sector-specific information security and IT experience that matches your business needs, ensuring an effective audit of your system. Our certification mark is accepted worldwide, making it a demonstration tool for your system to showcase compliance with data privacy practices.

For any queries or further information related to our services, please feel free to contact us at info@qacamail.com or call us at +919599619392. We are here to assist you!