Decrypting Myths: ISO 27001 & ISO 27701 Unveiled


In the dynamic landscape of information security and privacy management, ISO 27001 and ISO 27701 have emerged as indispensable frameworks for organisations seeking to fortify their digital fortresses. However, amidst the growing awareness of these standards, several misconceptions and myths persist, leading to confusion and misinformation within the Singaporean business community. Learn the truth behind some of these myths and learn the true essence of ISO 27001 and ISO 27701.

Myth 1: ISO 27001 and ISO 27701 Are Only for Large Corporations

One prevalent misconception is that these standards are designed exclusively for large corporations with extensive resources. However, realistically speaking, both ISO 27001 and ISO 27701 can be tailored to any size and nature of an organisation. Singapore small and medium enterprises (SMEs) particularly find these standards beneficial for they provide a structured security and privacy framework.

Myth 2: Achieving ISO Certification Guarantees 100% Security

Another common misconception is when organisations think they are invulnerable to security breaches once they achieve ISO 27001 or ISO 27701 certifications. Having these certifications highlights an organisation’s commitment to information security or privacy. However, it does not assure complete immunity from security risks. These standards emphasise a continual improvement process, requiring organisations’ regular assessments and enhancements of their security measures.

Myth 3: ISO 27701 Is Irrelevant if We Already Have ISO 27001 Certification

Some organisations mistakenly believe that if they are already certified under ISO 27001, there’s no need to pursue ISO 27701. ISO 27701, however, extends the principles of ISO 27001 to include privacy management, making it a valuable extension for organisations dealing with sensitive personal information. Achieving both certifications can provide a comprehensive framework addressing information security and privacy concerns.

Myth 4: Implementation Is Time-Consuming and Disruptive

A prevalent myth is that implementing ISO 27001 and ISO 27701 is a time-consuming and disruptive process. While it is true that careful planning and execution are required, organisations in Singapore should view the implementation as an investment rather than a disruption. The standards are designed to integrate seamlessly with existing processes, and the benefits of improved security and privacy management far outweigh the initial effort.

Myth 5: Compliance with ISO Standards Is Only for Legal Purposes

Some businesses in Singapore perceive compliance with ISO 27001 and ISO 27701 as a mere checkbox exercise to meet legal requirements. While adherence to these standards certainly aids in compliance with data protection regulations, the broader goal is to instil a culture of responsible information management, benefiting the organisation and its stakeholders in the long run.

Myth 6: ISO Standards Are Too Technical for Non-IT Professionals

Another misconception is presuming that ISO 27001 and ISO 27701 are too technical and are only relevant for information technology professionals. Realistically, these standards are easy to understand and implementable in various organisational roles. Creating awareness and involving personnel from multiple departments in the implementation process ensures a holistic and effective approach to information security and privacy.

Myth 7: ISO Certification Is a One-Time Achievement

ISO 27001 and ISO 27701 certifications are not one-off accomplishments. Some organisations mistakenly believe that once certified, they can relax their efforts. However, these standards emphasise the importance of continual improvement, with regular audits and assessments to ensure that security and privacy measures evolve alongside the dynamic threat landscape.

Myth 8: ISO Standards Are Expensive and Beyond Budget for SMEs

Cost concerns often deter SMEs in Singapore from pursuing ISO certification. However, the investment in ISO 27001 and ISO 27701 can be tailored to the organisation’s size and budget. The long-term benefits, including enhanced customer trust and potential cost savings through improved efficiency, outweigh the initial financial outlay.

Myth 9: ISO Standards Are Not Applicable to Our Industry

Some industries in Singapore wrongly assume that ISO 27001 and ISO 27701 are only relevant to sectors dealing with sensitive information. These standards, however, are very versatile and applicable to various industries, including those in finance, healthcare, manufacturing, or services. The key is to ensure that the principles are outlined according to an organisation’s needs, ensuring that the risks faced by their sector are addressed properly.

Myth 10: ISO Standards Are Static and Do Not Evolve

Another misconception is that ISO standards are static and do not evolve to address emerging threats. Both ISO 27001 and ISO 27701 are regularly updated to stay relevant in the face of evolving cybersecurity and privacy challenges. Organisations in Singapore should actively monitor updates and be prepared to adapt their processes to meet the latest requirements.


Dispelling these myths surrounding ISO 27001 and ISO 27701 is crucial for organisations in Singapore to make informed decisions about information security and privacy management. By understanding the true nature and benefits of these standards, businesses can embark on a journey towards a more secure and resilient future, safeguarding not only their data but also the trust of their stakeholders.

Embark on the journey to information security and privacy, and contact Privasec Global to learn more.

Louis Jones

Greg Jones: Greg's blog posts are known for their clear and concise coverage of economic and financial news. With a background as a financial journalist, he offers readers valuable insights into the complexities of the global economy.