ISO 27005 Made Simple – Mastering Information Security Risk Management (C14-F-BV)

This course gives you a practical and strategic understanding of ISO 27005, the international standard for information security risk management. You’ll gain: ISO 27005 Foundations Understand the purpose, scope, and structure of ISO 27005 Learn how it supports ISO 27001 and ISO 27002 implementation Explore terminology, principles, and risk management lifecycle Risk Assessment & Analysis Identify assets, threats, vulnerabilities, and impacts Conduct qualitative and quantitative risk assessments Use risk scenarios, likelihood models, and impact matrices Risk Treatment & Decision Making Define risk acceptance criteria and treatment options Select and implement controls based on risk appetite Document decisions and align with business objectives Monitoring & Review Track risk status and control effectiveness over time Conduct periodic reviews and update risk registers Use KPIs and dashboards to communicate risk posture Integration with ISMS Align ISO 27005 with ISO 27001 clauses and Annex A controls Embed risk management into policies, procedures, and audits Prepare for certification and demonstrate risk-based thinking Tools & Techniques Use frameworks like OCTAVE, FAIR, and NIST RMF alongside ISO 27005 Apply tools like risk registers, heat maps, and decision logs Customize templates for different organizational contexts