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ISO 27001 implementation cost and timeframe

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Guest user Created:   Jul 22, 2020 Last commented:   Jul 22, 2020

ISO 27001 implementation cost and timeframe

How much does it cost for acquiring ISO27001 for small busniess (approx) and how much time does it take to get certified (approx) and the process involved.

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ISO 27001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

ISO 27001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

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Rhand Leal Jul 22, 2020

 1 - How much does it cost for acquiring ISO27001 for small business (approx) 

Answer: I'm assuming that on the first part of your question you mean the cost to be certified against ISO 27001.

Considering that, there are a significant number of variables to be considered when estimating an implementation cost, so without more detailed information, it's not possible to precise a value. What I can tell you are some cost issues you should consider:
- Training and literature
- External assistance
- Technologies to be updated/implemented
- Employee's effort and time
- The certification process

These articles can provide you more information:
- How much does ISO 27001 implementation cost? https://advisera.com/27001academy/blog/2011/02/08/how-much-does-iso-27001-implementation-cost/
- 5 ways to avoid overhead with ISO 27001 (and keep the costs down) https://advisera.com/27001academy/blog/2012/06/19/5-ways-to-avoid-overhead-with-iso-27001-and-keep-the-costs-down/
- How to Budget an ISO 27001 Implementation Project http://info.advisera.com/27001academy/free-download/how-to-budget-an-iso-27001-implementation-project/

2 - how much time does it take to get certified (approx).

Answer: Regarding implementation duration, the duration of the implementation project also varies according to many variables (e.g., available resources, experience with standard's requirements, top management involvement, etc.), but for small and medium-size organizations the implementation generally varies from 3 to 12 months.

To get an insight into the time duration for your organization, please read:
- How long does it take to implement ISO 27001 / BS 25999? https://advisera.com/27001academy/blog/2011/11/08/how-long-does-it-take-to-implement-iso-27001-bs-25999/

 3 - the process involved.

Answer: Regarding the implementation process, after getting support for your project (through approval of the ISMS project plan) and approval of the Procedure for Document and Record Control, you should consider these steps:
1) defining ISMS basic framework (e.g., scope, objectives, organizational structure), by understanding the organizational context and requirements of interested parties;
2) development of risk assessment and treatment methodology;
3) perform a risk assessment and define the risk treatment plan;
4) controls implementation (e.g., policies and procedures documentation, acquisitions, etc.);
5) people training and awareness;
6) controls operation;
7) performance monitoring and measurement;
8) perform an internal audit;
9) perform management critical review; and
10) address nonconformities, corrective actions, and opportunities for improvement.

This article will provide you a further explanation about ISMS implementation:
- ISO 27001 implementation checklist http://advisera.com/27001academy/knowledgebase/iso-27001-implementation-checklist/

These materials will also help you regarding ISO 27001 implementation:
- Book Secure & Simple: A Small-Business Guide to Implementing ISO 27001 On Your Own https://advisera.com/books/secure-and-simple-a-small-business-guide-to-implementing-iso-27001-on-your-own/
- ISO 27001:2013 Foundations Course http://training.advisera.com/course/iso-27001-foundations-course/

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Jul 22, 2020

Jul 22, 2020