ISO 27001 Compliance Checklist

Company Size

Medium (50-250 employees)

Industry

Financial Services

Timeline

12 months

Priority Level

High

1 Executive Summary

Your medium-sized financial services organization requires a comprehensive approach to ISO 27001 certification, focusing on regulatory compliance, customer data protection, and operational resilience. Key priorities include implementing robust access controls, encryption standards, and incident response procedures.

114

Total Controls

Critical Controls

Months to Cert

2 Critical Controls (Priority Implementation)

A.5.1 Information Security Policies

CRITICAL

Establish comprehensive information security policies approved by management and communicated to all employees.

Draft information security policy framework

Obtain management approval and sign-off

Implement organization-wide communication plan

Timeline: 2-4 weeks Resources: Legal, HR, IT

A.8.1 Access Control Management

HIGH

Implement role-based access controls and regular access reviews for all systems and data.

Conduct comprehensive access audit

Implement role-based access control system

Establish quarterly access review process

Timeline: 6-8 weeks Resources: IT Security, HR

3 Industry-Specific Requirements

Financial Services Compliance

Regulatory Requirements:

PCI DSS Compliance
SOX Requirements
GDPR Data Protection

Enhanced Controls:

Transaction Monitoring
Fraud Detection Systems
Customer Data Encryption

4 Implementation Roadmap

Phase 1: Foundation (Months 1-3)

Gap analysis and risk assessment
Policy framework development
Team formation and training

Phase 2: Core Implementation (Months 4-6)

Technical controls deployment
Access control implementation
Incident response procedures

Phase 3: Integration & Testing (Months 7-9)

System integration and testing
Internal audit preparation
Employee awareness training

Phase 4: Certification (Months 10-12)

Pre-certification audit
Remediation activities
Final certification audit

Documentation Requirements

Information Security Policy Required

Risk Assessment Report Required

Incident Response Plan High Priority

Business Continuity Plan High Priority

Budget Estimation

Consultant Fees $45,000 - $65,000

Technology & Tools $25,000 - $40,000

Training & Certification $15,000 - $25,000

Total Estimated Cost $85,000 - $130,000

Compliance Progress Tracker

23%

Policies

8 of 35 complete

15%

Technical

12 of 78 complete

Training

2 of 42 complete

Audits

0 of 12 complete

Overall Progress: 18% Complete

ISO 27001 Compliance Checklist Generator