Why SaaS companies need ISO 27001

ISO 27001 is a springboard for Software-as-a-Service (SaaS) companies that want to be recognized internationally and need a competitive edge in a fast-growing industry where security is the biggest challenge.

With ISO 27001 certification, it will be easier to win new customers.

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ISO 27001 for SaaS companies

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Are you a SaaS startup? Then do yourself a big favor and get ISO 27001 certified. And why? Read on... Not all the information will be new to you, but you should know it for the future of your growing business.

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SaaS companies are becoming increasingly popular and indispensable. However, confidence in security remains the biggest barrier to signing the relevant contract. How can you stand out from the competitors by showing potential customers that you are fully committed to protecting their data and that your SaaS offering is designed and operated in a highly secure and reliable way? By becoming ISO 27001 certified!

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Reasons for getting ISO 27001 compliant for SaaS companies

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As the globally recognized standard for information security, an ISO 27001 certification demonstrates that you exercise the full range of security best practices. Having your ISO 27001 certification could also show that you manage a mature and audited ISMS that covers not only risk, but also compliance and governance.

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And because of that, more and more companies in industries, especially like financial services, government and of course KRITIS, are requiring their SaaS providers to be certified to ISO 27001. These companies around the world quickly realized that they need to minimize third-party risk. 

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So if your SaaS solution isn't ISO 27001 certified, it's increasingly likely that your business won't be a choice for contracting by a security-conscious prospect. Likewise, existing customers could eventually fluctuate. Not cool when you're a startup looking to grow.  

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The sooner your SaaS company achieves ISO 27001 certification, the more sustainable competitive advantage you can gain at the current stage of ISO 27001 adoption. Advantage: it is much easier to start at an early stage! And your ISMS can grow with you…

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Benefits of ISO 27001 certification for SaaS companies

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• Win enterprise deals: ISO 27001 certification for your SaaS company not only means credible recognition on the market, but also ensures the effectiveness of your company, increasing customer loyalty and attracting new customers.

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• Increase security: Many companies consider ISO 27001 as a primary security requirement before choosing a SaaS solution provider, knowing that it will provide a well-designed, reliable and highly secure system and application architecture. And of course, you want to close the deal and not be rejected because your company is not considered secure enough in handling data.

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• Gain competitive advantage: ISO 27001 for your SaaS company could not only means credible recognition, but also ensures your company's effectiveness and increases customer retention and acquisition of new customers. With an increasing number of competitors in the market, more and more SaaS companies are striving to gain a competitive advantage by demonstrating their commitment to data security.

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• Build your incident response: ISO 27001's risk management approach helps your SaaS organization meet their service level commitments, which means continuity of services and business operations for your SaaS users in the event of an incident or disruption.

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• Reduce legal risks: ISO 27001 requires the identification of laws and other information-related regulations. ISO 27001-certified SaaS companies take this into account when building their systems, so their customers can be confident that their provider is not exposed to legal risk. Win-Win situation!

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How to get ISO 27001 for your SaaS company

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Before certification, your SaaS company must implement a security framework and safeguards.

Once you have completed the final steps of implementation, such as internal audits, management reviews, and corrective actions, you qualify for initial certification.

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The certification process is conducted by a certification body in three stages:

Document Review, Main Audit and Surveillance Audits.

And we, Secfix, help you all the way.... from building your ISMS from scratch to certification with our automated solution!

Book a consultation with us!

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