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Cyber Cultura course

ISO 27005: Cyber Risk Management

The information security risk process, from context to treatment.

Teaches how to implement the information security risk process according to ISO/IEC 27005, aligned with ISO 31000, and how to integrate third-party, cloud and privacy risks, with an introduction to quantification.

Workload
5 hours
Format
Online or in-company
Investment
On request

We’ll reply with dates, format and investment.

Cyber Cultura badge: ISO 27005

Who it’s for

  • Information security risk analysts and managers.
  • ISMS owners who need to run the ISO/IEC 27001 risk process.
  • GRC consultants and auditors.

What you’ll develop

  • Define criteria, appetite and impact and likelihood scales.
  • Identify, analyze and prioritize scenarios, qualitatively and semi-quantitatively.
  • Select treatments (mitigate, accept, transfer and avoid) mapped to controls.
  • Run the risk register, acceptances, exceptions and executive reporting.
  • Integrate third-party, cloud and privacy risks, with an introduction to quantification.

Syllabus

5 hours

01Risk fundamentals and frameworks
  • ISO/IEC 27005 and ISO 31000: principles, process and integration with the ISMS (ISO/IEC 27001)
  • Terminology: threat, vulnerability, impact, likelihood, inherent and residual risk
  • Connections with NIST CSF 2.0, CIS Controls v8, COBIT and COSO ERM
02Information security risk management
  • The information security risk management process
  • Information security risk management cycles
03Context establishment
  • Organizational considerations
  • Identifying the basic requirements of interested parties
  • Applying risk assessment
  • Establishing and maintaining risk criteria: general, risk acceptance criteria and criteria for performing risk assessments
  • Choosing an appropriate method
04Risk assessment process
  • General
  • Risk identification: identifying and describing risks and risk owners
  • Risk analysis: potential consequences, likelihood and determination of risk levels
  • Risk evaluation: comparison against criteria and prioritization for treatment
05Risk treatment process
  • General
  • Selecting appropriate treatment options
  • Determining all controls needed for the treatment options
  • Comparing the determined controls with those in Annex A of ISO/IEC 27001:2022
  • Producing the Statement of Applicability
  • Treatment plan: formulation, approval by risk owners and acceptance of residual risks
06Operation
  • Performing the risk assessment process
  • Performing the risk treatment process
07Leveraging related ISMS processes
  • Context of the organization
  • Leadership and commitment
  • Communication and consultation
  • Documented information: about processes and about results
  • Monitoring and review, including the factors that influence risks
  • Management review
  • Corrective action
  • Continual improvement
08Simulated example and practical artifacts

What the course includes

  • Simulated example
  • Practical artifacts

For your team

This course is also offered in-company, on-site or remote, as a private class for your company.

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Cyber Cultura course

ISO 27005: Cyber Risk Management

We’ll reply with dates, format and investment.

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