Overview
ISO/IEC 27005:2022 - Information security, cybersecurity and privacy protection - Guidance on managing information security risks - provides detailed guidance to plan, perform and integrate information security risk management within an Information Security Management System (ISMS). Applicable to all organizations regardless of type, size or sector, the fourth edition aligns terminology and structure with ISO/IEC 27001:2022 and ISO 31000:2018, and updates risk concepts (including risk scenarios and event‑based vs asset‑based approaches).
Key Topics
- Information security risk management process: guidance on establishing and operating risk management cycles, context establishment and organizational considerations.
- Risk assessment: methods for identifying risks (including risk scenarios), identifying risk owners, analysing consequences and likelihood, and determining risk levels.
- Risk treatment: selecting treatment options, determining controls, producing a risk treatment plan and obtaining risk owner approval.
- Controls mapping: comparing chosen controls with those in ISO/IEC 27001:2022 Annex A and producing a Statement of Applicability.
- Risk criteria and acceptance: establishing risk acceptance criteria and criteria for performing assessments.
- Operational integration: monitoring, documented information, communication and consultation, management review, corrective action, and continual improvement.
- Techniques and examples: informative annex with techniques to support assessment and analysis.
- Terminology alignment: harmonized with ISO 31000:2018 and ISO/IEC 27000 vocabulary for consistent risk language.
Applications and Who Uses It
ISO/IEC 27005:2022 is practical for:
- ISMS professionals implementing ISO/IEC 27001 requirements (clause 6.1 and related clauses).
- Risk owners and managers responsible for assessing and accepting residual information security risks.
- Security architects and analysts selecting and justifying controls.
- Auditors and consultants evaluating risk processes and conformity with ISO standards.
- Organizations of any size or sector looking to integrate cybersecurity and privacy risk management into governance, operations and project lifecycle activities.
Practical outcomes include standardized risk assessments, prioritized treatment plans, traceable control selection, and improved alignment between business context, compliance obligations and cybersecurity controls.
Related Standards
Keywords: ISO/IEC 27005:2022, information security risk management, ISMS, cybersecurity, privacy protection, risk assessment, risk treatment, ISO/IEC 27001.
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