Glossary definition: ISO/IEC 27005

ISO/IEC 27005: Risk Management Standard

ISO/IEC 27005 is an international standard for security risk management. It provides a framework for organizations to identify, assess, and manage information security risks. It is based on the ISO/IEC 27001 standard and provides guidance on how to implement the principles of risk management and security controls. The standard covers topics such as risk assessment, risk treatment, risk monitoring, and security control selection. It also provides guidance on how to develop a security risk management program and outlines the roles and responsibilities of those involved in the program. ISO/IEC 27005 is intended to be used in conjunction with other standards and guidance, such as ISO/IEC 27002, to help organizations protect their information assets.