ISO 27005 Foundation

ISO/IEC 27005 establishes a risk management framework for organizations to address information security threats. It outlines precise procedures for identifying, assessing, evaluating, treating, and monitoring information security threats. The standard is based on the ISO 31000 principles and is particularly useful for businesses seeking to protect their information assets and achieve information security goals. An ISO/IEC 27005-compliant risk management process consists of developing an iterative risk assessment approach, implementing risk treatment options, maintaining ongoing communication and consultation with interested parties, monitoring and reviewing the risk management process, and documenting risk management processes and results.