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Learn why network security policy management is crucial for insurance companies to safeguard sensitive data, ensure compliance, and mitigate cyber risks effectively. Why Insurance Companies Need Network Security Policy Management ------- ---- Select a size ----- Get the latest insights from the experts Choose a better way to manage your network

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AlgoSec simplifies, automates, and orchestrates security policy management for Cisco devices and platforms to accelerate application delivery while ensuring security and continuous compliance across the enterprise Secure application
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on your Cisco environment AlgoSec simplifies, automates, and orchestrates security policy management for Cisco devices and platforms to accelerate application delivery while ensuring security and continuous compliance across the enterprise. Schedule a demo Features of our Cisco integrations Provision application connectivity Securely provision, manage, and decommission application connectivity. AlgoSec maps application requirements to the underlying network/cloud, speeding up delivery, reducing outages, and ensuring security and compliance across hybrid environments. See and understand complex network security policies AlgoSec simplifies security operations by providing visibility and analysis across virtual, cloud, and physical environments. Teams can optimize Cisco firewalls, routers, and SDN solutions for security, compliance, and operational efficiency. Automate security policy changes AlgoSec automates security policy changes and delivers hands-free policy push for Cisco devices. Intelligent workflows save time, reduce manual errors, and minimize risk for operations and security teams. Get the most out of your ACI investment AlgoSec provides unified security policy management across legacy, cloud, WAN, and ACI fabric, with full visibility and automation. It enables zero-touch changes by automating ACI contracts and firewall policies for seamless, end-to-end security management. Micro-segmentation and policy enforcement AlgoSec leverages Cisco Secure Workload and other data sources to discover application flows, generate whitelist policies, and enforce east-west filtering. It ensures consistent end-to-end implementation of micro-segmentation policy across the network for enhanced security. Ease the migration to firepower AlgoSec simplifies firewall migration to Cisco Firepower by automatically mapping, cleaning, and translating rulesets for zero-touch deployment. It also provides what-if risk analysis and detailed documentation of changes to ensure a smooth and secure migration. Cisco and AlgoSec partnership highlights AlgoSec is a Solutions Plus Partner with Cisco Cisco’s Co-Sell Partner of the Year EMEA-2024 Cisco Meraki Marketplace Tech Partner of the Month- November 2024 AlgoSec products can be purchased directly from the Cisco GPL AlgoSec has developed integrations across many Cisco Products including: Watch the latest Cisco and AlgoSec webinar Key Cisco use cases Risk management and audit Cisco ACI Customers can quickly identify and mitigate policy risks while ensuring compliance with regulatory requirements Download > Network segmentation Customers achieve successful network segmentation within Cisco ACI and network security devices with AlgoSec Download > Intelligent automation With AlgoSec, customers achieve 80% reduction in time spent handling policy changes, and 100% reduction with zero-touch automation Download > See how Cisco ACl users benefit from AlgoSec Intelligent Automation for Cisco ACI contracts Policy migration example from VMWare NSX-T distributed firewall policies to Cisco ACI contracts Modernize your network and harness the power of nexus & Cisco ACI with AlgoSec Cisco baseline compliance AlgoSec's optimization of cisco firewall policies Cisco regulatory compliance Resource AlgoSec Security Management Solution for Cisco ACI and Cisco Nexus Dashboard Download the Cisco Solution Overview > Case Study-NCR Download it now > Product video- Policy portability with AlgoSec – enabling migration into CISCO ACI Watch it now > Schedule time with one of our experts Schedule time with one of our experts Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Schedule a call

Explore Algosec's customer success stories to see how organizations worldwide improve security, compliance, and efficiency with our solutions. Dimension Data Enhances Delivery Of Managed Security Services With AlgoSec Organization DIMENSION DATA Industry Technology Headquarters Australia Download case study Share Customer
success stories "We were fortunate enough to get a double benefit from using AlgoSec in our environment — reducing costs to serve our clients, and expanding our service offerings" IT Solution Provider Streamlines and Automates Security Operations for Clients AlgoSec Business Impact Generate incremental revenue from new policy compliance management services Reduce cost of service for Managed Security Service offering Improve quality of service, assuring a direct and timely response to security issues Background Dimension Data, founded in 1983 and headquartered in Africa, provides global specialized IT services and solutions to help their clients plan, build, support and manage their IT infrastructures. The company serves over 6,000 clients in 58 countries and in all major industry verticals. Dimension Data serves 79% of the Global Fortune Top 100 and 63% of the Global Fortune 500. Challenge In an effort to bring greater efficiency and flexibility, Dimension Data Australia sought to apply security industry best practices and streamlined processes to its delivery methodology. Automation was identified as a key capability that would enable them to reduce service costs and increase quality of service. “The operational management of security infrastructure is quite labor intensive,” remarks Martin Schlatter, Security Services Product Manager at Dimension Data. “The principle reasons for automating managed services are reducing work time, freeing up people for other tasks, and leveraging expertise that is ‘built in’ the automated tool.” By doing this Dimension Data could offer better service to existing clients while expanding their client base. “Additionally, the increased appetite for the Managed Security Services offering has been fueled by an increasing focus on governance, risk management and compliance, and we are expected to deliver faster and more accurate visibility of the security and compliance posture of the network,” explains Schlatter. Solution Dimension Data selected the AlgoSec Security Management Solution as a part of their toolset to deliver their Managed Security Services, which include automated and fully integrated operational management of client security infrastructures. The intelligent automation at the heart of AlgoSec will enable Dimension Data’s team to easily and effectively perform change monitoring, risk assessment, compliance verification and policy optimization for their clients, and act upon the findings quickly. This includes getting rid of unused or obsolete rules in the policy, reordering rules to increase performance and identifying risky rules. Another key factor in the decision making process was the relationship between Dimension Data and AlgoSec. “AlgoSec was deemed most suitable to meet our delivery needs for Managed Services. We selected them for their specific technology fit, and flexibility to assist in growing our managed service business. The partnership element was eventually the overriding factor,” says Schlatter. Results With AlgoSec, Dimension Data is now able to deliver their clients a comprehensive view of the security posture of their network security devices. This is crucial to establishing a baseline understanding of a security network, which makes it possible to truly assess and remediate risks, errors and inefficiencies. The ability to automatically provide this type of information at the most accurate level provides a key competitive differentiator for the company and a large benefit for its clients. “The value-added contribution is saving time, in terms of automation,” remarked Schlatter. “We found a way to reduce costs by automating manual operational tasks. At the same time, we were fortunate enough to leverage AlgoSec to expand our service offerings, so we got a double benefit from using AlgoSec in our environment.” One of the major features of integrating AlgoSec into the Dimension Data solution is the ability to support multiple client domains from a single AlgoSec management console. “This scalable configuration has proven to be invaluable when managing multiple clients with complex multi-vendor, multi-device security environments,” says Schlatter. “It consolidates administrative tasks, cuts time and costs, and ensures proper administration and segregation of duties from our end.” AlgoSec enhances the Managed Security Services offerings by delivering comprehensive risk and compliance management. Dimension Data professionals can generate risk and audit-ready compliance reports in a fraction of the time and with much greater accuracy compared to traditional manual analysis. “Our clients who require ISO 27001 and PCI DSS accreditation have greatly benefitted from this,” said Schlatter. Schedule time with one of our experts

Learn about firewall rule automation and change management to streamline processes, reduce human error, and enhance network security with effective change controls. Firewall rule automation & change management explained ------- ---- Select a size ----- Get the latest insights from the experts Choose a better way to manage your network

Making Risk Management Easier: How One Bank Got Smarter About Security Case Study Download PDF Schedule time with one of our experts Schedule time with one of our experts Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

The joint offering helps enterprises tighten their security posture, effectively mitigate Ransomware and other Cyberattacks and ensure long-term sustainability Deloitte and AlgoSec Partner to Establish a Joint Network Protection Transformation Solution for Enterprises The joint offering helps enterprises tighten their security posture, effectively mitigate Ransomware and other Cyberattacks and ensure long-term sustainability November 9, 2020 Speak to one of our experts RIDGEFIELD PARK, N.J., November 9, 2020 – The EMEA Telecom Engineering Centre of Excellence (TEE) of Deloitte (located in Portugal) and AlgoSec , the leading provider of business-driven network security management solutions, have entered into an alliance to establish a network protection transformation offer to safeguard clients against complex threats and attacks. The combined team will deliver, operate, and maintain a network protection offer with joint functions managed between Deloitte and AlgoSec. Deloitte TEE will focus on delivering business process transformation capabilities, business and technical advisory and project management to ensure reliability and sustainability on the proposed capabilities, while AlgoSec will provide technical support to customize, deploy and operate the tool to accelerate and automate the network security management, and ensure the offer is aligned with the business’ requirements. The Deloitte and AlgoSec joint offering provides a business-centric approach to network security management across the entire hybrid and multi-vendor environment. The solution offers comprehensive visibility across the network security environment and business applications, agile and secure policy change management via zero touch automation, and continuous compliance assurance. The offering also includes a Network Security Hardening Service, which begins to understand the Client’s network level of exposure, current vulnerabilities and the potential impact of network threats, before performing a transformation strategy to strengthen current capabilities and remediate network risks and vulnerabilities, followed by a Network Security Managed Service to monitor and guarantee long-term sustainability. Deloitte TEE will also become a reselling partner to support AlgoSec in the global market, using a structured offer model with advantages for the partnership and the client. Jade Kahn, AlgoSec CMO said: “Network protection should be a priority for companies to mitigate the damage caused by an increasing number of complex cyber threats. With an appropriate strategy in place, they can identify and contain threats before they are able to move freely across the network. We look forward to working alongside Deloitte and delivering value to its clients.” Pedro Tavares, Partner of Deloitte Portugal and responsible for the EMEA Telecom Engineering Centre of Excellence (TEE): “TEE focus is on delivering high value telecoms engineering consultancy services towards our customers, and under the ongoing digitalization wave and in the advent of 5G, setting up a Network Protection offer to ensure that this improvement in the connectivity, communication and user experience do not bring substantial business risks is a key stepping stone towards this strategy. We expect with this combined offer to support our clients in improving their network security, mitigating their network risks and enhancing their key Capabilities to ensure a sustainable transformation of their business”. About AlgoSec The leading provider of business-driven network security management solutions, AlgoSec helps the world’s largest organizations align security with their mission-critical business processes. With AlgoSec, users can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero touch – across their cloud, SDN and on-premise networks. Over 1,800 enterprises, including 20 of the Fortune 50, have utilized AlgoSec’s solutions to make their organizations more agile, more secure and more compliant – all the time. Since 2005, AlgoSec has shown its commitment to customer satisfaction with the industry’s only money-back guarantee . All product and company names herein may be trademarks of their registered owners. Media Contacts:Tsippi Dach [email protected] Craig Coward Context Public [email protected] +44 (0)1625 511 966 Olga Neves Media Relations & External CommunicationsDeloitte PortugalTlm: (+351) 918 985 [email protected] About Deloitte Deloitte, us, we and our refer to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s more than 330,000 people make an impact that matters at www.deloitte.com . About EMEA Telecom Engineering Centre of Excellence (TEE) The EMEA Telecom Engineering Centre of Excellence (TEE) is an operational area specialized in telecom engineering services, managed by Deloitte Portugal, that offers engineering services for mobile, fixed and convergent telecom networks, service platforms and operating support systems (“OSS”) for the Europe, Middle East, Africa region (“EMEA”).

Explore Algosec's customer success stories to see how organizations worldwide improve security, compliance, and efficiency with our solutions. Leading FinTech Provider Reduces Security Risks With AlgoSec Organization FinTech Provider Industry Technology Headquarters Download case study Share Customer
success stories "With AlgoSec, we get a holistic view of how our entire network operates.” FinTech company gains a holistic view of hybrid network, enhances compliance posture. BACKGROUND The company has thousands of employees and annual revenue over a billion euros. The company manages 168,750 banking workstations, over 82.2 million customer accounts and ensures nationwide smooth cash supply with its 34,000 ATMs and self-service terminals. THE CHALLENGE The company relies on over 170 firewalls from Check Point Software, Juniper, and Cisco. They also have over 48,000 virtual servers, and security controls including proxies, security gateways, DDoS protection, and intrusion protection systems (IPS) from vendors including Check Point, Juniper, Cisco, and F5. Their networks process approximately 3.17 petabytes daily. Some of the challenges included: Difficulty maintaining internal toolset. High maintenance costs for their internal tools. Lack of visibility into their network. THE SOLUTION The company was searching for a solution that provided: Automation for their entire network, including software-defined networks. Visibility of the required communications of the business applications. Review and approval of traffic flows. Ability to apply a predefined set of firewall rules to newly deployed virtual machines. Following an in-depth evaluation, the company selected AlgoSec’s security policy management solution. “The main reason we chose AlgoSec was extensive support for multiple firewall vendors,” said their IT systems engineer. “We have a multi-vendor strategy, and AlgoSec fully supports all of the vendors that we are using.” For over a decade, they have been using AlgoSec’s Security Policy Management Solution, which includes AlgoSec Firewall Analyzer and AlgoSec FireFlow. After several years of relying just on Firewall Analyzer and FireFlow, they also added AlgoSec AppViz and AppChange (formerly AlgoSec BusinessFlow) to their toolkit. AlgoSec Firewall Analyzer ensures security and compliance by providing visibility and analysis into complex network security policies. AlgoSec FireFlow improves security and saves security staffs’ time by automating the entire security policy change process, eliminating manual errors, and reducing risk. AlgoSec AppViz provides critical security information regarding the firewalls and firewall rules supporting each connectivity flow by letting users discover, identify, and map business applications. AlgoSec AppChange empowers customers to make changes at the business application level, including application migrations, server deployment, and decommissioning projects. “AppViz and AppChange provide a more application-centric viewpoint. It’s really helpful for communication within our business departments,” said their IT engineer. THE RESULTS By using the AlgoSec Security Management solution, the company was able to automate their network policy change management processes, enhance their compliance posture, accelerate hardware migrations, and gain deep visibility into their hybrid network. Some of the benefits gained include: Deep integration and visibility into their hybrid network. Faster firewall migrations and deployments of virtual firewalls. Eliminated unnecessary policy changes and reduced the time required to process policy changes. Ability to review and approve communication flows (a PCI DSS requirement). Automatic assessment and reporting for regulations including PCI DSS and Sarbanes-Oxley (SOX). “The network map is one of the keys in AlgoSec,” said their network engineer. “The greatest benefit we had from AlgoSec is the integration into the network and holistic view of how our entire network operated,” added the network engineer. “AlgoSec really fits into our environment. You can customize AlgoSec to fit into your business processes and workflows,” noted the engineer. “We have a long partnership with AlgoSec and really appreciate working together and the great support we receive.” Schedule time with one of our experts

Optimize cloud security and management with AlgoSec Cloud for Microsoft Azure, providing visibility, compliance, and automation for your hybrid cloud environment. AlgoSec Cloud for Microsoft Azure As organizations adopt cloud strategies and migrate applications to Microsoft Azure and other clouds to take advantage of economies of scale, they face new levels of complexity and risk to their security posture. Security controls and network architectures in Azure are distinct from those found in on-premise data centers. Customers of Azure services often do not know how to use them securely. AlgoSec Cloud enables effective management of the security control layers across the hybrid and multi-cloud estate, including Microsoft Azure. Cloud security policy and configuration management made simple IT and Security staffs find it difficult to create and maintain security in the cloud due to: Complexity of multiple layers of security controls includingCloud providers’ built-in configurations that impact security posture, such as IAM permissions, encryption state, security groups, public/private permissions, asset types like databases, storage and accounts, as well as configuration types like deployment location, networks ACLs, and Misconfigurations can result in security risks across various assets, including IaaS, PaaS and accounts. Security products by cloud providers with many different mechanisms and operational rules and techniques like Azure Security products by independent security vendors (e.g., Next Generation Firewalls by Check Point and Palo Alto Networks). Multiple public clouds along with private clouds and on-premise Security professionals are challenged by the need to understand the differences in the technologies while managing them separately using multiple consoles and diverse tools. Multiple stakeholders managing the security in the cloud. Unlike on-prem networks where policies are typically managed by security teams, in the cloud, other stakeholders (application developers, DevOps, cloud teams) manage changes to cloud configurations and security rules, challenging consistency and control, and increasing the risk of misconfigurations Cloud security main challenges AlgoSec Cloud enables effective security management of the various security-control layers across the multi-cloud estate. AlgoSec Cloud central management provides instant visibility, risk assessment and compliance analysis, enabling enforcement of company and regulatory policies, and proactive detection of misconfigurations All cloud security under a single umbrella When used in conjunction with AlgoSec’s Firewall Analyzer and FireFlow, customers benefit from a hybrid approach, spanning on-premise, SDN and legacy network security. Continuous Visibility. Always know about the assets that require protection and the multiple security constructs and configurations protecting them. Monitor changes to the cloud configuration and the potential risk of each change. Risk management and compliance. Enforce company and regulatory policies while verifying adherence to best practices. Proactively detect misconfigurations in access, permissions and other configurations to protect cloud assets, including cloud accounts, VMs, storage, databases and more. Automated central management of security policies. Manage network security controls (Network Security Groups, etc.) in one system across multiple accounts, regions and VNETs. Leverage a uniform network model and change- management framework that covers the hybrid and multi-cloud environment. Manage your Microsoft Azure security environment AlgoSec delivers an intuitive and effective central management solution for Azure Firewall, Microsoft’s cloud-native, scalable network and application firewall. Users can consistently manage multiple instances of Azure Firewalls across regions and multiple Azure accounts. Azure Firewall AlgoSec Cloud is an agentless SaaS solution and is easy to deploy in minutes. It offers immediate ROI and significant security improvements. Quick deployment Enhanced visibility across the entire hybrid and multi-cloud estate Improved cloud-security posture to avoid breaches Automatic compliance assurance with constant audit-readiness Secure change management at the speed of cloud deployment Reduced manual labor, errors, and associated risks and costs Key Business Benefits Unified view of the entire network, hybrid and multi-cloud estates from a unified platform Simplified management of complex multi-layered cloud security controls Automatic risk detection and recommended best practices Avoidance of false alarms – risk analysis takes into consideration all security constructs AlgoSec Cloud Advantages AlgoSec seamlessly integrates with all leading brands of traditional and next-generation firewalls and cloud security controls as well as routers, load balancers, web proxies, and SIEM solutions, to deliver unified security policy management across any hybrid-cloud, multi-cloud, SDN, and on-premise network. Additional devices can be added via the AlgoSec Extension Framework. Let's start your journey to our business-centric network security. Comprehensive and Unified Security for Heterogeneous Environments Select a size Cloud security policy and configuration management made simple Cloud security main challenges All cloud security under a single umbrella Manage your Microsoft Azure security environment Azure Firewall Quick deployment Key Business Benefits AlgoSec Cloud Advantages Comprehensive and Unified Security for Heterogeneous Environments Get the latest insights from the experts Choose a better way to manage your network

A gross dollar retention rate of over 90% and 36% year-over-year new business growth highlight adoption across industries AlgoSec’s Horizon Platform Fuels Company Growth and Global Application-Centric Security A gross dollar retention rate of over 90% and 36% year-over-year new business growth highlight adoption across industries September 9, 2025 Speak to one of our experts RIDGEFIELD PARK, NJ, September 9, 2025 – AlgoSec , a global cybersecurity leader, today announced a gross dollar retention rate of over 90% in the first half of 2025, following the launch of its AlgoSec Horizon platform. Since its release, the Horizon platform has gained adoption across industries, underscoring the market need for convergence of cloud and on-premises networks. This widespread adoption has driven a 36% increase in new annual recurring revenue (ARR) in the first half of 2025 compared to 2024. The Horizon platform utilizes advanced AI capabilities to automatically discover and identify an organization’s business applications across complex hybrid networks, and remediate risks more effectively. Its Intelligent automation minimizes misconfigurations and enhances operational resilience to accelerate application delivery from weeks to hours. In one such example, one of the largest financial institutions in the U.S. uncovered 1,800 applications and their connectivity requirements within the first two weeks of using Horizon. Throughout September and October, AlgoSec is running the Horizon Tour, a series of sessions showcasing the platform’s capabilities and expert insights for enterprise security teams across EMEA and the U.S. “Security teams today are being asked to protect applications in a hybrid world, from multi-clouds to datacenters globally,” said Chris Thomas , Chief Revenue Officer at AlgoSec. “We’re excited about our early 2025 successes and our evolving AlgoSec solutions which will help us meet our mission to enable the world’s most complex organizations to gain visibility, reduce risk and process changes. To hear first-hand AlgoSec’s strategic direction and product innovation roadmap, join us for our annual virtual AlgoSummit event on September 30.” To learn why over 2,200 of the world's most complex organizations trust AlgoSec to help secure their most critical workloads, visit www.algosec.com . About AlgoSec AlgoSec, a global cybersecurity leader, empowers organizations to securely accelerate application delivery up to 10 times faster by automating application connectivity and security policy across the hybrid network environment. With two decades of expertise securing hybrid networks, over 2200 of the world's most complex organizations trust AlgoSec to help secure their most critical workloads. AlgoSec Horizon platform utilizes advanced AI capabilities, enabling users to automatically discover and identify their business applications across multi-clouds, and remediate risks more effectively. It serves as a single source for visibility into security and compliance issues across the hybrid network environment, to ensure ongoing adherence to internet security standards, industry, and internal regulations. Additionally, organizations can leverage intelligent change automation to streamline security change processes, thus improving security and agility. Learn how AlgoSec enables application owners, information security experts, SecOps and cloud security teams to deploy business applications faster while maintaining security at www.algosec.com . MEDIA CONTACT: Megan Davis Alloy, on behalf of AlgoSec [email protected]

AlgoSec seamlessly integrates with network security controls in Amazon Web Services AWS as well as other security devices across your hybrid network AWS & AlgoSec Hybrid cloud security policy and configuration management AlgoSec seamlessly integrates with network security controls in Amazon Web Services (AWS), as well as other security devices such as firewalls, whether deployed on-premises or in the cloud, in order to deliver unified security policy management across the hybrid network. AlgoSec also enables effective security management of the various security control layers across the multi-cloud estate. AlgoSec offers instant visibility, risk assessment, and central policy management, enabling a unified and secure security control posture, proactively detecting misconfigurations. Schedule a demo Solution brochure Key benefits Continuous visibility Get a full network map of your entire hybrid network estate – both on-premises and in public and private clouds. Understand your security policy with traffic simulation queries. Central management of security policies Get an aggregated view of similar security groups across accounts, regions, and VPCs. Easy migration By automatically discovering, mapping, and migrating connectivity configurations with firewalls and security groups, AlgoSec simplifies the complex process of migrating business applications to the cloud. Hybrid network change management Leverage a uniform network model and change management framework that covers the hybrid and multi-cloud environment Learn more about network security in AWS See how AWS users benefit from AlgoSec We empower the world’s most complex organizations to gain visibility, reduce risk and process changes at zero-touch across the hybrid network. Protect Outbound Traffic in an AWS Hybrid Environment The Fundamentals of AWS Security Groups New! How to Manage Dynamic Objects in Cloud Environments Contact sales Explore the AWS & AlgoSec Partnership Security management in the hybrid cloud Solution brief Migrating to AWS in six simple steps Read the blog

Understand how to achieve and maintain firewall compliance with ISO/IEC 27001. Learn key requirements, best practices, and how to strengthen your overall security posture. Firewall ISO compliance: ISO/IEC 27001 explained IT organizations and those dealing with digital assets often face many information security challenges. They must protect sensitive data from unauthorized access, as a crack in security can result in unimaginable losses. To keep information security risks minimal and optimize protection for organizations, ISO/IEC 27001 compliance was designed. What is ISO/IEC 27001 compliance? How does it work, and why does it matter? Read on to uncover answers to all your questions and more in this guide. Introductory prologue ISO/IEC 27001 is an internationally accepted standard for data security. It is one of the standards jointly published by the ISO (International Standardization Organization) and IEC (International Electrotechnical Commission) in 2015. ISO/IEC 27001 aims to provide organizations with a framework for information security management, thereby protecting digital assets. Implementing the standard helps organizations minimize and effectively manage information security risks, such as hacks, data leaks or theft, and cyber attacks. Digital assets like intellectual property, software, employee information, and personal data are often a target for malicious actors. And that’s why asset management is crucial to companies and digital service providers. It demonstrates that the certified organization’s information security system is efficient as it follows the best practice. Any ISO/IEC 27001-certified organization can display its certification online (e.g., on its website, social media platforms, etc.) and offline. As a result, they get the trust and respect they deserve from partners, investors, customers, and other organizations. What Is ISO/IEC 27001? The International Standardization Organization (ISO) is a global federation of national standards bodies established in 1947. It is a leading organization that develops standards for ensuring the security of business systems. Since its emergence, ISO has published several standards, such as: ISO 27000 – Information Security Management Systems ISO 22301 – Business Continuity ISO 14000 – Environmental Management System ISO 45001 – Occupational Health and Safety ISO 9000 – Quality Management System etc. Although ISO/IEC 27001 was officially published in 2005, ISO had been providing measures for protecting digital systems and information before then. The rapid spread of the internet in the 1990s gave rise to the need for data security to prevent sensitive data from getting into the wrong hands. ISO 27001 was the first standard among the ISO 27000 series of standards for cybersecurity. Since its release, the standard has undergone revisions to tackle new and evolving cyber threats in the industry. The first revision took place in October 2013, when new controls were introduced, and the total controls numbered up to 114. This version is referred to as ISO/IEC 27001:2013 version. The second and latest revision of ISO/ICE 27001 was published in 2022 and enumerates 93 controls grouped into four sections. This revision was initially referred to as ISO/IEC 27001:2022 but is now known as ISO 27001. Another notable development in the latest version is the change in title. The new version’s complete title is – ISO 27001 (i.e., ISO/IEC 27001:2022) Information Security, Cybersecurity and Privacy Protection. Evolution of ISO/IEC 27001 Achieving ISO/IEC 27001 certification offers organizations several business benefits, especially for service providers handling people’s sensitive financial and personal data. Examples of such organizations are insurance companies, banks, health organizations, and financial institutions. Some of the business benefits of ISO 27001 are: 1. It prevents financial penalties and losses from data breaches Organizations that do not comply with the global security standard are at great risk of a data breach. Data breaches often attract financial penalties and cause companies to lose significant amounts. By implementing the best network security practices, organizations can prevent unnecessary financial losses and record more significant revenue in the long run. 2. It protects and enhances a company’s reputation. Partners, investors, and customers often prefer companies with a good reputation for handling data. In fact, the World Economic Forum states that reputation affects a quarter of a company’s market value. ISO/IEC 27001 certification can help businesses with an existing reputation to preserve their image. Companies with a previous record of security challenges can enhance their reputation and earn the trust and respect of others by becoming certified too. 3. Wins new business and sharpens competitive edge Certified companies stand a better chance of winning new businesses and recording more sales and profits than their competitors. That’s because clients want to feel safe knowing their data enjoy maximum protection. Also, certain organizations must attain other certifications like GDPR, HIPAA, NIST, etc., before commencing operation. And having ISO certification makes it easier to achieve such requirements. One major indicator that an organization can be trusted for security management is acquiring a worldwide certification. It sharpens its competitive advantage and propels the brand way ahead of others. 4. Improves structure and focus As businesses expand, new responsibilities arise, and it can be challenging to determine who should be responsible for what. But with ISO 27001 compliance, companies will have a clear structure to mirror. From authentication to network traffic management, the standard has an outlined structure that companies can apply to establish robust operations security. As a result, they can tackle rising needs while staying focused and productive. 5. It reduces the need for frequent audits. Organizations usually spend heavily performing frequent internal and external audits to generate valuable data about the state of their security. The data is deployed to improve cybersecurity so that threat intelligence and other security aspects are optimized. And even though it costs more and wastes more time, it doesn’t guarantee as much protection as implementing ISO 27001 standard. By becoming a certified name, companies can rest assured that the best cybersecurity practices protect them against attacks. Plus, frequent audits won’t be needed, thus saving cost and time. Business Benefits of ISO/IEC 27001 Organizations looking to achieve ISO/IEC 27001 compliance must ensure the following: 1. Clearly Outline the Risk Assessment Process Develop your risk assessment process to detect vulnerabilities. State the categories of risks your organization is facing Outline your approach to tackle vulnerabilities. 2. Make Sure Executives Set the Tone Top management must be involved in the information security program. They should show financial support and be available to make strategic decisions that will help build robust security. Senior management should also conduct frequent assessments of the company’s ISMS to ensure it’s in sync with the globally agreed security standard. 3. Design an Information Security Policy (ISP) An ISP essentially functions to ensure that all the users and networks of your organization’s IT structure stick with the standard practices of digital data storage. You must design an effective ISP to achieve compliance as it governs information protection. Your ISP should encompass the A to Z of your organization’s IT security, including cloud security. You need to state who will be responsible for implementing the designed policy. 4. Write Out Your Statement of Applicability (SoA) Your SoA should carry core information about your ISMS. It should state the controls that your organization regards necessary to combat information security risks. It should document the controls that were not applied The SoA should only be shared with the certification body. 5. Create Your Risk Management Strategy Develop an effective risk management plan to address the possible risks of your chosen security controls. Ensure there’s an efficient security operations center (soc) to help detect cyber threats and forward notifications to the right systems. Design an information security incident management strategy to respond during threat detection. State who will implement specific security controls, how, and when they will deploy them. ISO/IEC 27001 Compliance What does ISO/IEC 27001 stand for? ISO stands for International Standardization Organization, while IEC represents International Electrotechnical Commission. ISO/IEC 27001 is an internationally accepted standard for information security management, which ISO and IEC first created. What are the ISO 27001 Requirements? Every organization looking to apply for certification must prepare themselves and ensure to meet the requirements. These requirements are summarized in Clauses 4.1 to 10.2 below: 4.1 Understanding the organization and its context 4.2 Understanding the needs and expectations of interested parties 4.3 Determining the scope of the ISMS 4.4 Information security management system (ISMS) 5.1 Leadership and commitment 5.2 Information Security Policy 5.3 Organisational roles, responsibilities, and authorities 6.1 Actions to address risks and opportunities 6.2 Information security objectives and planning to achieve them 7.1 Resources 7.2 Competence 7.3 Awareness 7.4 Communication 7.5 Documented information 8.1 Operational planning and control 8.2 Information security risk assessment 8.3 Information security risk treatment 9.1 Monitoring, measurement, analysis, and evaluation 9.2 Internal audit 9.3 Management review 10.1 Nonconformity and corrective action 10.2 Continual improvement What are the ISO/IEC 27001 controls? The latest version of ISO 27001 Annex A enumerates 93 security controls divided into four sections or themes. The ISO 27001 controls are designed to simplify information security management such that digital assets get the best protection against security threats. These 4 sections are labelled A5 to A8 and are as follows: A.5 Organizational controls – containing 37 controls A.6 People controls – containing 8 controls A.7 Physical controls – containing 14 controls A.8 Technological controls – containing 34 controls How Does ISO/IEC 27001 ensure data protection? ISO/IEC 27001 ensures data protection by providing a framework through which companies can store sensitive data and have full access control. This standard can be adapted to suit each organization’s specific needs and structure, thereby offering optimized protection. ISO/IEC 27001 aims to ascertain that three core information security aspects are taken care of, which are: Confidentiality: this guarantees that only authorized individuals can access information. Also, because organizations deal with different categories of data, each employee must only be given the degree of access required to execute their tasks efficiently. Integrity: this ensures that only authorized individuals can change information on the system. So even in the event of a security breach, the risks are minimal. This is due to the change management plan that ensures unauthorized persons can not alter information. Availability: information security becomes a problem if the secured information isn’t accessible when needed. ISO 27001 enables authorized persons to have access to information whenever required to ensure that business operations are uninterrupted. By maintaining these guidelines, companies can put in place an effective information security system and risk management plan to prevent data leaks, theft, or hacks. How does my firewall management help with ISO 27001? Firewalls are the software in your organization’s IT structure managing the connection between different networks. Effective firewall management can help in designing the right Information Security Policy (ISP). In turn, your organization will be able to achieve ISO 27001 compliance. Thus, your firewall policies can help with ISO 27001 by enabling organizations to design an Information Security Policy that agrees with the standard required for compliance. What is the Importance of ISO 27001 Certification, and how can I gain it? ISO 27001 certification offers several advantages to businesses and organizations. It demonstrates to partners, investors, and customers that the certified business has a reliable information security management system, thus winning their trust. Also, it enhances communications security so that third parties do not interfere with your company’s operating system. You also get to reduce the risk of security failure, saving you from financial losses and penalties. Once you’ve met the compliance requirements, you may gain an ISO 27001 certification by registering with an accredited certification body FAQs Organizations must regularly conduct audits and prepare compliance reports to attain and maintain ISO 27001 certification. The data generated from event logs are equally helpful in enhancing threat intelligence and overall operations security. This process is often time-consuming and cost-demanding, and that’s where AlgoSec comes in. Being an ISO 27001-certified vendor, AlgoSec understands the challenges of ISO 27001 compliance and is dedicated to providing affordable and effective solutions. AlgoSec automatically generates pre-populated, audit-ready compliance reports for ISO 27001 and other leading industry regulations like SOX, BASEL II, GLBA, PCI DSS, and FISMA. This technique helps companies reduce audit preparation efforts and costs and uncovers loopholes in their ISMS. As a result, businesses can take proper measures to ensure full ISO 27001 compliance, thus becoming worthy of the certification. How can AlgoSec Help with ISO 27001 Compliance? Select a size Introductory prologue What Is ISO/IEC 27001? Evolution of ISO/IEC 27001 Business Benefits of ISO/IEC 27001 ISO/IEC 27001 Compliance FAQs How can AlgoSec Help with ISO 27001 Compliance? Get the latest insights from the experts Use these six best practices to simplify compliance and risk mitigation with the AlgoSec platform White paper Learn how AlgoSec can help you pass PCI-DSS Audits and ensure continuous compliance Solution overview See how this customer improved compliance readiness and risk management with AlgoSec Case study Choose a better way to manage your network