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ISO 27001 Certification Process: A Step-by-Step Guide

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The ISO/IEC 27001, popularly known as the ISO 27001 certificate is a globally recognized information security standard. It is created by the International Organization for Standardization.

Being ISO 27001 certified means that an organization is following top-notch, internationally-approved security standards. Thus, clients are able to easily trust such an organization because they know that the organization will take good care of their data. It gives the organization a competitive edge and helps it stand out from the crowd.

Applying for the ISO 27001 certification can be confusing, especially if you are doing it for the first time. But don’t worry because we are here to help you out.

This beginner’s guide will help you understand the basics of the ISO 27001 certificate and why is it important for your organization.

So, let’s get started!

The main purpose of the ISO 27001 certificate 

The main purpose of this certificate is to provide a robust model for building, implementing, operating, reviewing, and monitoring an organization’s Information Security Management System (ISMS).

ISO 27001 provides a complete framework for organizations that will help them protect their data and maintain security in a cost-effective way. The ISO 27001 framework applies to organizations of all sizes and belonging to all kinds of industries.

Benefits of ISO 27001 certification 

As we mentioned above, being ISO 27001-compliant has numerous benefits for an organization. Let’s have a quick look at some of them:

1. Increases customers’ trust 

One of the biggest benefits of having the ISO 27001 certificate is that it helps you gain customers’ trust more easily. When you are handling a large amount of customer data and sensitive information, having the complete trust of your clients is vital.

Owning the ISO 27001 certificate demonstrates that you are capable of handling your customers’ data responsibly and securely. It also implies that you are adhering to the globally-recognized ISO standards.

2. Offers quality assurance 

The ISO 27001 certificate follows a strict framework and quality checks. So, it assures your customers that you are following high standards of IT security quality. This goes a long way in helping you secure better and more profitable contracts with large businesses. 

3. Strengthens your internal security 

Along with giving a quality assistance to your customers, having an ISO 27001 certificate is also helpful to your organization’s internal security. While preparing for this certificate, you will have to strengthen your internal data security practices and conduct internal audits. It helps you in spotting several security loopholes in your infrastructure and remedy them effectively. 

Continuous risk assessments also help you in ensuring that your business is operating as per the ISO standards. It also prevents any serious data breaches or other security issues in the future.

What is the process to be ISO 27001 compliant?

Acquiring the ISO 27001 certificate isn’t easy for any organization. It is a rigorous process designed to ensure that only the deserving organizations get it.

Here is a quick breakdown of the ISO 27001 certification process:

1. Determination of scope 

To become ISO 27001-certified, an organization needs to prepare its ISMS (Information Security Management System). And for preparing a robust ISMS, the determination of its scope is essential. Businesses need to find out what type of information and assets they need to protect.

2. Analyzing your current security controls and finding gaps 

Once you are clear with your scope, you need to analyze your existing security control measures. Evaluate how well your current information security measures are performing and the ways you can improve them.

You can do this by analyzing your internal policies and interviewing your IT security staff. Make sure to document all your findings for the external auditing process.

3. Risk assessment and formation of a Risk Treatment Plan 

The next step is the assessment of risk. It is a basic requirement for ISO 27001 compliance and you will have to document everything you discover during the risk assessment. 

Along with a thorough risk assessment, organizations also need to come up with a fool-proof Risk Treatment Plan. Devising a Risk Treatment Plan is also a necessary step for becoming ISO 27001 compliant. Such a plan acts as your roadmap and helps you mitigate all future risks effectively. 

4. Collection of evidence and documentation 

Collection and documentation of evidence is an important part of the ISO 27001 certification process. You will need to present all these documents during the external ISO 27001 certification audit. 

How long does it take to become ISO 27001 certified?

As it is an extensive process, it can take anywhere between 3 to 12 months to become ISO 27001-certified. From starting the process to completing the ISO 27001 certification audit, the entire process can easily take one year to be completed. 

Summing up

So there you go! That was our ISO 27001 beginners’ guide. 

We hope you found the information presented here helpful and that we were able to offer you some useful knowledge. Having an ISO 27001 certificate can help your organization in more ways than one. So, even though the process is a bit complicated, obtaining this certificate is a wise choice.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Black Banx Group — Third Quarter 2025 Results

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FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

  • Revenue: USD 4.3 billion
  • Profit before tax (PBT): USD 1.6 billion
  • Cost-to-income ratio: ≈ 62%
  • Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

  • Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
  • Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
  • Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
  • Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
  • Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact: 

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.

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