ISO/IEC 27005: Risk Manager
The ISO/IEC 27005: Risk Manager course equips participants with the knowledge and practical skills required to design, implement, operate, and continually improve an information security risk management program in alignment with ISO/IEC 27005. ISO/IEC 27005 is published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It provides detailed guidance for managing information security risks and directly supports the risk-based requirements of ISO/IEC 27001. This course moves beyond introductory concepts and focuses on hands-on risk management, including context establishment, risk assessment methodologies, risk treatment planning, control selection, risk acceptance, monitoring, and reporting. It prepares participants to perform effectively as Information Security Risk Managers, supporting ISMS implementation, governance, audits, and executive decision-making. Course Objectives By the end of this course, participants will be able to: Establish and manage an information security risk management framework Apply ISO/IEC 27005 risk management principles and processes Conduct structured information security risk assessments Analyze and evaluate risks using appropriate methodologies Develop and maintain risk treatment plans Support risk acceptance and management decisions Monitor, review, and improve risk management activities Integrate risk management into an ISMS
Course Curriculum
1
- Responsibilities and accountability
- Relationship between ISO/IEC 27005 and ISO/IEC 27001
- Risk governance and ownership
- Integration with organizational processes
2
- Organizational context and scope
- Internal and external issues
- Stakeholder identification and requirements
- Risk criteria definition
3
- Asset identification and classification
- Threat and vulnerability identification
- Risk scenarios and events
- Sources of information for risk identification
4
- Qualitative risk analysis
- Semi-quantitative risk analysis
- Quantitative risk analysis (overview)
- Likelihood and impact assessment
- Risk prioritization
5
- Comparing risks against risk criteria
- Risk ranking and decision thresholds
- Identifying unacceptable risks
- Supporting management decisions
6
- Risk treatment options (avoid, reduce, transfer, accept)
- Selecting controls and measures
- Linking risk treatment to ISO/IEC 27002 controls
- Developing risk treatment plans
7
- Residual risk assessment
- Risk acceptance processes
- Management approval and accountability
- Documenting risk decisions
8
- Risk registers and reporting formats
- Communicating risks to stakeholders
- Supporting executive and management reviews
- Escalation and decision support
9
- Ongoing risk monitoring
- Trigger events and reassessments
- Measuring effectiveness of risk treatments
- Continual improvement of risk management processes
10
- Supporting ISMS audits
- Demonstrating effective risk management
- Traceability between risks, controls, and objectives
- Maintaining alignment with ISO/IEC 27001
11
- Risk assessment case studies
- Risk treatment and reporting exercises
- Peer review and feedback
12
- Review of ISO/IEC 27005 Risk Manager syllabus
- Scenario-based questions and exam techniques
- Certification exam guidance
13
- Information security risk managers
- ISMS managers and coordinators
- Risk, compliance, and governance professionals
- Information security officers
- Internal auditors and consultants
- Professionals preparing for ISO/IEC 27005 Risk Manager certification
14
- ISO/IEC 27005 Introduction or equivalent knowledge
- ISO/IEC 27001 Foundation knowledge is strongly recommended
- Experience in information security, risk management, or ISMS activities is beneficial
This course includes
- 14+ Activity Modules
- 40 hours + lessons
- Lifetime access
- Certificate of completion
- Available on desktop and mobile
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