Business

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

Published

2 years ago

November 3, 2022

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.

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

1 week ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.