Access Mercantile: Setting Industry Standards with ISO 27001:2022 Upgrade
Recently, Access Mercantile's Chief Information Technology Officer, David Bisiach, conveyed how Access Mercantile's new platform, IDebt360 is spearheading information and cyber security within the Mercantile Industry and raised concerns regarding the industry's lag in adopting crucial technology and processes to safeguard data.
Access Mercantile is continuing to lead the industry by announcing it has upgraded its information security management systems from the ISO 27001:2013 standard to the latest ISO 27001:2022. This move underscores the Access Mercantile's commitment to enhancing the security and resilience of its operations and the protection of client data within the mercantile industry.
"At Access Mercantile, we recognise the critical importance of staying ahead of the curve in information security, the transition to ISO 27001:2022 is a testament to our dedication to continuous improvement and our responsibility to protect our clients' and their customers’ data against ever-evolving cyber threats."- Vivian Hua – Head of Quality Assurance & Compliance – Access Mercantile Services
The Importance of ISO 27001 Standards
ISO 27001 is an internationally recognised standard that outlines the requirements for an effective Information Security Management System (ISMS). The 2013 version provided a comprehensive framework for managing information security risks, emphasizing a systematic approach to securing sensitive information. However, the cybersecurity landscape has changed dramatically in recent years, necessitating an update to these standards.
Why the Upgrade to the New Standard Matters
Access Mercantile's proactive transition to ISO 27001:2022 highlights several key benefits:
- Enhanced Risk Management: The 2022 version places greater emphasis on identifying and managing information security risks in a dynamic environment. This ensures that Access Mercantile can better anticipate, mitigate, and respond to potential threats.
- Improved Cyber Resilience: With updated controls and processes, the company is better equipped to withstand and recover from cyber incidents. This resilience is crucial for maintaining business continuity and safeguarding client trust.
- Alignment with Modern Practices: The updated standard aligns more closely with contemporary best practices and integrates seamlessly with other ISO management standards. This holistic approach enhances overall operational efficiency and effectiveness.
- Regulatory Compliance: Adhering to the latest standards ensures that Access Mercantile remains compliant with regulatory requirements, reducing the risk of breaches and enhancing its reputation as a trustworthy and reliable partner.
Access Mercantile's Commitment to Excellence
By upgrading to ISO 27001:2022, Access Mercantile demonstrates its unwavering commitment to protecting client and customer information and maintaining the highest standards of cybersecurity. This proactive approach not only enhances the company's security posture but also sets a benchmark for the mercantile industry.