Information Security Risk Management (ISO 27005)

Today’s organizations face fast-evolving cyber threats that can lead to data breaches, financial loss, and reputational damage, especially when sensitive data and information systems are at risk. This course is built to help you understand and apply the principles of information security risk management based on ISO/IEC 27005, regardless of your industry or organization size.

You’ll learn how to perform a thorough risk assessment, identify weak points, evaluate threat and vulnerability relationships, and calculate risk scores using a provided matrix. By the end of the course, you’ll be able to create a risk treatment plan, assess residual risks, and implement an effective risk management strategy as part of the ongoing process required to support the risk-based approach central to ISO/IEC 27001.

Key learning points include:

• Understanding the core components of risk management in the context of information technology
• Identifying threats and vulnerabilities that could impact systems, data, or intellectual property
• Performing risk analysis using impact and likelihood scoring to evaluate potential business impact
• Prioritizing and treat risks with a structured, repeatable method
• Applying a risk matrix to calculate both inherent and residual risks effectively
• Using provided templates to complete a practical, organization-based project
• Emphasizing the importance of employee training in reducing human-related security risks

Information Security Risk Management (ISO 27005) provides the foundation for implementing a compliant, repeatable, and scalable risk management process, covering the general concepts outlined in ISO 27005. It is a vital component for any effective ISMS and supports the satisfactory implementation of risk-based security practices as part of a broader enterprise risk management strategy.