Standards Comparison

    ISO 55001

    Voluntary
    2014

    International standard for asset management systems

    VS

    ISO 27017

    Voluntary
    2015

    International code of practice for cloud security controls

    Quick Verdict

    ISO 55001 establishes Asset Management Systems for physical asset lifecycles in infrastructure sectors, while ISO 27017 provides cloud-specific security guidance within ISO 27001 ISMS. Organizations adopt 55001 for value optimization and regulatory compliance; 27017 for shared cloud security responsibilities.

    Asset Management

    ISO 55001

    ISO 55001:2024 Asset management — Management systems — Requirements

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • Requires Strategic Asset Management Plan (SAMP) linking strategy to assets
    • Annex SL structure integrates with other ISO management systems
    • PDCA cycle ensures continual improvement of asset performance
    • Formal decision-making framework for auditable trade-offs (2024)
    • Separates risks and opportunities in integrated planning
    Cloud Security

    ISO 27017

    ISO/IEC 27017:2015 Code of practice for cloud controls

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    6-12 months

    Key Features

    • Clarifies shared responsibilities between CSPs and CSCs
    • Introduces 7 cloud-specific CLD security controls
    • Adapts 37 ISO 27002 controls for cloud environments
    • Addresses multi-tenancy segregation and VM hardening
    • Integrates into existing ISO 27001 ISMS audits

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    ISO 55001 Details

    What It Is

    ISO 55001:2024 is the international certification standard specifying requirements for an Asset Management System (AMS). It provides a structured framework to establish, implement, maintain, and improve AMS, enabling organizations to realize value from assets across lifecycles. The primary scope covers asset-intensive sectors like utilities, infrastructure, and manufacturing. It uses a risk-based, PDCA (Plan-Do-Check-Act) approach aligned with Annex SL for integration.

    Key Components

    • Clauses 4-10: Context, Leadership, Planning, Support, Operation, Performance Evaluation, Improvement.
    • Core artifact: Strategic Asset Management Plan (SAMP).
    • 72 'shall' requirements emphasizing decision frameworks, risks/opportunities.
    • Built on ISO 55000 terminology; certification via accredited audits.

    Why Organizations Use It

    • Optimizes asset performance, costs, risks.
    • Meets regulatory/contractual demands; builds stakeholder trust.
    • Enables resilience, continual improvement, competitive differentiation.

    Implementation Overview

    • Phased: gap analysis, SAMP development, competence building, audits.
    • Applies to all sizes; 12-24 months typical.
    • Optional third-party certification with surveillance audits.

    ISO 27017 Details

    What It Is

    ISO/IEC 27017:2015 is an international code of practice providing information security controls for cloud services. It extends ISO/IEC 27002 with cloud-specific guidance and integrates into ISO 27001 ISMS. The primary scope covers public, private, hybrid clouds across IaaS, PaaS, SaaS, using a risk-based methodology to address shared responsibilities and multi-tenancy.

    Key Components

    • Cloud-adapted guidance for 37 ISO 27002 controls
    • 7 additional CLD controls (e.g., responsibility delineation, VM hardening, segregation)
    • Dual perspectives for cloud service providers (CSPs) and customers (CSCs)
    • Assessed within ISO 27001 certification, no standalone cert

    Why Organizations Use It

    • Meets procurement and regulatory demands (e.g., GDPR alignment)
    • Mitigates cloud risks like data leakage and misconfigurations
    • Enhances CSP differentiation and customer trust
    • Provides auditable evidence for risk management

    Implementation Overview

    • Integrate via ISO 27001 risk assessment and control mapping
    • Key steps: shared responsibility matrices, monitoring setup, config hardening
    • Applies globally to CSPs/CSCs of all sizes
    • Joint audits typically 9-12 months

    Key Differences

    Scope

    ISO 55001
    Asset Management Systems for physical assets lifecycle
    ISO 27017
    Cloud-specific information security controls guidance

    Industry

    ISO 55001
    Asset-intensive sectors like utilities, infrastructure globally
    ISO 27017
    Cloud service providers and customers across all industries

    Nature

    ISO 55001
    Voluntary management system certification standard
    ISO 27017
    Guidance code of practice extending ISO 27001/27002

    Testing

    ISO 55001
    ISO 27001-style audits, management reviews, internal audits
    ISO 27017
    Assessed within ISO 27001 audits, no standalone certification

    Penalties

    ISO 55001
    Loss of certification, no legal penalties
    ISO 27017
    No direct penalties, impacts ISO 27001 certification status

    Frequently Asked Questions

    Common questions about ISO 55001 and ISO 27017

    ISO 55001 FAQ

    ISO 27017 FAQ

    You Might also be Interested in These Articles...

    Run Maturity Assessments with GRADUM

    Transform your compliance journey with our AI-powered assessment platform

    Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

    100+ Standards & Regulations
    AI-Powered Insights
    Collaborative Assessments
    Actionable Recommendations

    Check out these other Gradum.io Standards Comparison Pages