ISO 27701 builds on ISO 2702 by providing the requirements and guidelines necessary to create a privacy information management system (PIMS).

A strong PIMS is critical to organizations that are responsible and accountable for the processing of personally identifiable information. What ISO 27001, ISO 27002, and ISO 27701 Means for Third-Party Risk Management? Adhering to ISO 27701’s guidance enables organizations to protect the privacy of personal information. ISO’s standards cover far more than third-party risk management. However, given vendors’ and other outsourced service providers’ access to and handling of personal data, third-party risk management is critical to meet the ISO standards and have a fully-integrated risk management system in place that covers information security and privacy. Identify, define, and document the information security controls necessary for mitigating the risks associated with supplier access to your information assets.Below is a list highlighting some of the key third-party risk management controls: ISO 27002 CHECKLIST ISO