Duration: 5 days – 35 hrs
Overview
The ISO 27005 Information Security Risk Management Training Course is designed to provide participants with a deep understanding of the principles, methodologies, and processes involved in managing information security risks according to the ISO 27005 standard. Participants will learn how to systematically identify, assess, treat, and monitor information security risks to protect organizational assets and achieve compliance with international standards. Through practical exercises and case studies, participants will gain hands-on experience in applying ISO 27005 guidelines to real-world scenarios.
Objectives
• Understand the ISO 27005 standard and its application in Information Security Risk Management.
• Be proficient in identifying, assessing, and evaluating information security risks.
• Develop skills in developing risk treatment plans and selecting appropriate controls.
• Gain practical experience through hands-on exercises and case studies to apply ISO 27005 principles effectively.
Audience
• Information Security Managers and Officers
• Risk Managers and Analysts
• IT Professionals involved in security and risk management
• Compliance Officers and Auditors
• Anyone responsible for implementing or overseeing information security practices within their organization
Prerequisites
• Basic understanding of information security concepts and terminology.
• Familiarity with organizational IT systems and processes.
Course Content
Day 1: Introduction to Information Security Risk Management
• Overview of Information Security Risk Management (ISRM)
• Introduction to ISO 27005 and its importance
• Key concepts and terminology in ISRM
• Benefits and challenges of implementing ISRM
• Overview of ISO 27001 and its relationship with ISO 27005
Day 2: Risk Management Framework and Process
• Understanding the ISO 27005 risk management framework
• Establishing the context for risk management
• Risk assessment methodologies and approaches
• Risk identification techniques (e.g., brainstorming, checklists)
• Risk analysis: qualitative vs. quantitative approaches
Day 3: Risk Assessment and Treatment
• Conducting risk assessments in accordance with ISO 27005
• Risk evaluation criteria and risk scenarios
• Risk treatment options: risk avoidance, mitigation, transfer, acceptance
• Developing a risk treatment plan
• Implementing controls and measures to mitigate risks
Day 4: Risk Communication and Monitoring
• Communicating risks to stakeholders effectively
• Reporting risk assessment results
• Risk acceptance criteria and decision-making
• Monitoring and reviewing risks over time
• Continuous improvement in ISRM processes
Day 5: Practical Applications and Case Studies
• Applying ISO 27005 principles in real-world scenarios
• Case studies and group exercises
• Role of technology in supporting ISRM
• Integrating ISRM with organizational processes
• Examining industry best practices and lessons learned
