For organizations and consumers, the cloud has many advantages: cost savings, flexibility, and mobile access to information are all highly favored. However, the cloud also raises concerns about data protection and privacy, especially when it comes to personally identifiable information. Personally identifiable information (PII) includes any information that can be used to determine the identity of a specific user. A more direct example includes your name, contact information, or your maiden name. However, there are also some personal identity information that is not easily associated with people, such as medical records, IP addresses, and bank statements.
The ISO/IEC 27018 standard, which has been announced, can be used in conjunction with the ISO/IEC 27001 standard to support cloud service providers whose infrastructure has passed standard certification in informing their existing and potential customers that their data is securely protected and will not be used for any purposes they have not explicitly agreed to.
Drive trust in your business - giving your customers and stakeholders more confidence in the security of their personal data and information.
Provide competitive advantage - by providing the highest level of protection for personal information, you can stand out from competitors.
Protect brand reputation - reduce the risk of negative publicity caused by data leakage.
Reduce risk - ensure that risks are identified and control measures are in place to manage or reduce risks.
Prevent fines - ensure compliance with local regulations and reduce the risk of fines for data breaches.
Assist enterprise development - provide general guidelines covering different countries to facilitate business development and opportunities as preferred suppliers worldwide.
The cost of certification depends on the size of your organisation,
your sector and the number of locations you operate from.