ISO 27005 Lead Risk Manager – Information Security Risk Management

The ISO/IEC 27005:2022 Lead Risk Manager training course enables participants to acquire the necessary competencies to assist organizations in establishing, managing, and improving an information security risk management (ISRM) program based on the guidelines of ISO/IEC 27005:2022.

Apart from introducing the activities required for establishing an information security risk management program, the training course also elaborates on the best methods and practices related to information security risk management.

Why Should You Attend?

Risk management is an essential component of any information security program. An effective information security risk management program enables organizations to detect, address, mitigate, and even prevent information security risks.

The ISO/IEC 27005:2022 Lead Risk Manager training course provides an information security risk management framework based on ISO/IEC 27005:2022 guidelines, which also supports the general concepts of ISO/IEC 27001. The training course also provides participants with a thorough understanding of other best risk management frameworks and methodologies, such as OCTAVE, EBIOS, MEHARI, CRAMM, NIST, and Harmonized TRA.

The PECB ISO/IEC 27005:2022 Lead Risk Manager certificate demonstrates the individual has acquired the necessary skills and knowledge to successfully perform the processes needed for effectively managing information security risks. It also proves that the individual is able to assist organizations in maintaining and continually improving their information security risk management program.

The training course is followed by an exam. If you pass, you can apply for a “PECB Certified ISO/IEC 27005:2022 Lead Risk Manager” credential. For more information about the examination process, please refer to the Examination, Certification, and General Information section below.

Who Should Attend?

This training course is intended for:

• Managers or consultants involved in or responsible for information security in an organization
• Individuals responsible for managing information security risks, such as ISMS professionals and risk owners
• Members of information security teams, IT professionals, and privacy officers
• Individuals responsible for maintaining conformity with the information security requirements of ISO/IEC 27001 in an organization
• Project managers, consultants, or expert advisers seeking to master the management of information security risks

Learning Objectives

By successfully completing this training course, you will be able to:

• Explain the risk management concepts and principles based on ISO/IEC 27005:2022 and ISO 31000
• Establish, maintain, and continually improve an information security risk management framework based on the guidelines of ISO/IEC 27005:2022 and best practices
• Apply information security risk management processes based on the guidelines of ISO/IEC 27005:2022
• Plan and establish risk communication and consultation activities
• Record, report, monitor, and review the information security risk management process and framework

Educational Approach

• The training course provides best practices of risk management that will help participants prepare for real-life situations.
• The training course contains essay-type exercises (some of which are based on a case study) and multiple-choice quizzes (some of which are scenario-based). 
• Participants are encouraged to communicate and discuss with each other when completing stand-alone and scenario-based quizzes and exercises.
• The structure of the quizzes is similar to the certification exam.

Prerequisites

The main requirements for participating in this training course are having a fundamental understanding of ISO/IEC 27005:2022 and comprehensive knowledge of risk management and information security.

Course Agenda

• Day 1: Introduction to ISO/IEC 27005:2022 and information security risk management 
• Day 2: Risk identification, analysis, evaluation, and treatment based on ISO/IEC 27005
• Day 3: Information security risk communication and consultation, recording and reporting, and monitoring and review
• Day 4: Risk assessment methods 
• Day 5: Certification exam

Examination

The “PECB Certified ISO/IEC 27005:2022 Lead Risk Manager” exam meets all the requirements of the PECB Examination and Certification Program (ECP). It covers the following competency domains:

• Domain 1: Fundamental principles and concepts of information security risk management
• Domain 2: Implementation of an information security risk management program
• Domain 3: Information security risk assessment
• Domain 4: Information security risk treatment
• Domain 5: Information security risk communication, monitoring, and improvement
• Domain 6: Information security risk assessment methodologies

For specific information about exam type, languages available, and other details, please visit the List of PECB Exams and the Examination Rules and Policies.

Certification

Upon the successful completion of the exam, you can apply for the “PECB Certified ISO/IEC 27005:2022 Lead Manager” credential, depending on your level of experience, as shown in the table below. You will receive the certificate once you fulfill all the relevant educational and professional requirements.

To be considered valid, the information security risk management activities should follow best implementation and management practices and include the following:

1. Defining a risk management approach
2. Determining the risk management objectives and scope
3. Performing risk assessment
4. Developing a risk management program
5. Defining risk evaluation and risk acceptance criteria
6. Evaluating risk treatment options
7. Monitoring and reviewing the risk management program

For more information about ISO/IEC 27005:2022 certifications and the PECB Certification process, please refer to Certification Rules and Policies. 

General Information

• Certification fees and examination fees are included in the price of the training course.
• Participants will be provided with training course materials containing over 450 pages of information, practical examples, quizzes, and exercises.
• An attestation of course completion worth 31 CPD (Continuing Professional Development) credits will be issued to the participants who have attended the training course.
• Candidates who have completed the training course but failed the exam are eligible to retake it once for free within a 12-month period from the initial date of the exam.

View the brochure for this training course.