Without a robust Data Governance or information security measures within an organization, your business is at a higher risk of security incidents, such as data breaches, cyberattacks, or insider threats, which can result in financial losses, reputational damage, and legal repercussions. 

Before adopting ISO 27001, you can understand your current data landscape and identify the gaps and weaknesses in the data security practices by using data governance maturity model to evaluate your data capabilities and performance across different dimensions, such as data quality, data architecture, data governance roles, data policies, and data ethics. Or you can also conduct a risk assessment to identify the potential sources and impacts of data breaches, leaks, or losses. 

The scope defines the boundaries of your ISMS, such as the data types, data sources, data processes, data stakeholders, and data systems that are covered by your ISMS. The objectives are to define the expected outcomes and benefits of your ISMS, such as the level of data protection, compliance, and trust that you want to achieve. 

After defining your scope and objectives, you need to implement your ISMS according to the ISO 27001 requirements. This involves developing and documenting your data security policies, procedures, and controls that address the specific risks and challenges that you might encounter. You also need to assign roles and responsibilities for data security to your data governance team and other data stakeholders. Moreover, you need to establish mechanisms for monitoring, measuring, and reporting on your data security performance and compliance.

The final step is to certify and improve your ISMS. Certification is an optional but recommended process that involves an external audit by an accredited body that verifies that your ISMS meets the ISO 27001 standards. Certification can help you demonstrate your commitment and credibility to your customers, partners, regulators, and other stakeholders. Improvement is an ongoing process that involves reviewing and updating your ISMS based on the feedback, lessons learned, and best practices that you collect from your data security activities.

Nowadays, organizations tend to subscribe applications from SaaS (Software as a Service) providers, the SaaS become the production plant for inputting raw data and generating meaningful data output. It is preferable that the solution provider provides extended DaaS (Data as a Service). It would be a plus point if the solution provider complies with ISO27001 certification to ensure data quality and data governance for the particular solutions, allowing you to focus on business value and organizational outcomes.

Subscribing to SaaS & DaaS and ensuring data governance compliance can mitigate the risk management and data breaches, which inherently core governance components. These compliances will cover the scope related to the applications that you have subscribed to, such as TimeTec HR Suite which related human resources department of an organization. 

For your information, TimeTec has been ISO27001 certified organization since 2018 and enhanced with ISO 27017 and ISO 27018 in early 2024. The ISO 27017 certification demonstrates cloud service security to users, while the ISO 27018 certification ensures that personal data is processed securely, further boosting customers confidence. Additionally, 2-factor authentication can be implemented as option, and our yearly penetration test added as extra bonus for customers. 

HR analytics is the collection and application of talent data is to improve critical talent and business outcomes. TimeTec HR Analytics enable business owners to develop data-driven insights of their talent pool, improve workforce processes and promote positive employee experience.