ISO 27005:2022
ISO 27005 was released in June 2008; the latest revision was released in 2022. The standard is named ISO 27005:2022 Information Security, Cybersecurity, and Privacy Protection — Guidance on Managing Information Security Risks (https://www.iso.org/). It assists organizations in identifying, assessing, and treating risks related to information security.
Although the exact steps may vary based on organizational context, ISO 27005:2022 outlines the following major steps, all of which can be followed in the information security risk management process:
- Establish the context: The first step in the ISO 27005:2022 risk management process is to establish the context. This involves defining the scope of the risk assessment, identifying relevant stakeholders, and understanding the organization’s objectives, constraints, and risk tolerance levels. By establishing the context, organizations can lay the foundation for effective risk management.
- Identify...
