ISO27001: What Is It, and Do I Need It?” is a whitepaper specifically tailored for Australian small and medium-sized enterprises (SMEs). This comprehensive document provides an in-depth understanding of ISO27001, an international standard for information security management. It explores the certification process, benefits, and considerations for SMEs, helping organizations make informed decisions about implementing rigorous information security controls. Whether seeking to open new markets or enhance competitiveness, this whitepaper provides valuable insights into the significance of ISO27001 and its potential impact on reducing costs and improving performance in information security.