Information Security. That’s worth valuing
Walsh & Monaghan attains global ISO 27001 certification for best-practice information security.
Cyber breaches continue to accelerate around the world – in both frequency and cost – and it’s clear Australia is not immune. Accordingly, Walsh & Monaghan, one of New South Wales oldest and most respected property valuation firms, is pleased to announce its recent certification to the global standard in information security management system, ISO27001.
“The digital age has brought immeasurable benefits to both businesses and individuals,” says Walsh & Monaghan Director, Darren Austin. “But one of the inescapable downsides has come, almost inevitably, from increased threats to information security. The onus is on businesses to take all necessary precautions –to not only protect their own sensitive business data, but also that of their clients.”
As Darren explains, Wash & Monaghan’s recent ISO 27001 certification is a powerful demonstration of their company wide commitment to information security. “Ultimately, (ISO 27001) is all about confidence and peace of mind. It provides independently audited proof that we have robust security practices and controls in place, and that across our whole organisation, we act responsibly when handling all client’s confidential information.”
Meeting the standard.
To attain the ISO 27001certification, Walsh & Monaghan brought all sections of the business together to plan and ensure all criteria in the ISO standard was met. This included:
- Developing a strong plan to identify, assess and score data risks (existing and new) on an ongoing basis
- Implementing new and refining existing processes and systems to ensure compliance
- Tailoring the security controls to reflect the identified data security risks and needs
- Education and training to ensure all Walsh & Monaghan staff understand and work to the certified ISO 27001 at all times.
While the process of compliance has been an exhaustive one, Darren explains it’s been hugely valuable. “Since the Walsh & Monaghan business was founded, way back in 1923, it’s fair to say we’ve valued many things. But nothing is more valuable than the privacy and security of our clients’ confidential data,” he says. “They, quite rightly, want to know their information is being handled as securely as possible at all times. ISO 27001 is proof of this and another demonstration of our total commitment to adhering to the highest standards of work and professional conduct.”
ISO 27001 certification is the second ISO certification achieved by Walsh & Monaghan. In 2017 Walsh & Monaghan achieved ISO 9001 quality management certification.
ABOUT ISO 27001
ISO 27001 is the globally accepted standard for information security management, developed by the International Organisation for Standardisation (ISO) – the world’s independent, non-governmental standards organisation based in Geneva, Switzerland. ISO 27001 certification demonstrates a business has implemented all necessary systems and processes and continually monitors and improves to maintain appropriate legal, physical and technical controls to ensure their information security management system meets the standard.