Overview
EN ISO/IEC 27005:2024 (adoption of ISO/IEC 27005:2022 as EN ISO/IEC 27005:2024) provides detailed guidance on managing information security risks to support implementation of an Information Security Management System (ISMS). It helps organizations of any type, size or sector to fulfil ISO/IEC 27001 requirements related to identifying, assessing and treating information security risks, with additional emphasis on cybersecurity and privacy protection.
Key topics and technical coverage
This guidance covers the full information security risk management lifecycle and related ISMS processes, including:
- Risk management process and cycles - principles for establishing iterative risk management activities.
- Context establishment - organizational considerations, stakeholder requirements and risk criteria.
- Risk assessment - identification, description and ownership of information security risks.
- Risk analysis: assessing potential consequences and likelihood to determine risk levels.
- Risk evaluation: comparing results against risk acceptance criteria and prioritizing risks.
- Risk treatment - selecting treatment options, determining and implementing controls, and documenting a risk treatment plan.
- Controls alignment - comparing selected controls with ISO/IEC 27001:2022 Annex A and producing a Statement of Applicability.
- Operation and monitoring - performing assessments and treatments, documented information, communication, monitoring, management review, corrective action and continual improvement.
- Practical techniques - Annex A provides examples of techniques to support risk assessment activities.
- Definitions, normative references and structured guidance to choose appropriate methods and criteria.
Practical applications
ISO/IEC 27005 is practical for organizations that need to:
- Implement or mature an ISMS and meet ISO/IEC 27001 risk requirements.
- Conduct systematic information security and cybersecurity risk assessments.
- Develop risk treatment plans and justify control selections (useful for audits and compliance).
- Integrate privacy risk considerations into security risk workflows.
- Prioritize security investments and supplier/vendor risk measures based on documented risk levels.
- Establish repeatable, auditable processes for monitoring, review and continual improvement.
Who should use this standard
- CISOs, information security and risk managers
- Compliance officers and internal auditors
- IT/security architects and project managers
- Consultants supporting ISO/IEC 27001 implementation
- Organizations across public and private sectors seeking structured risk management
Related standards
- ISO/IEC 27001 - requirements for an Information Security Management System (ISMS)
- The broader ISO/IEC 27000 family - context for security management and implementation guidance
Keywords: ISO/IEC 27005:2024, information security risk management, ISO/IEC 27001, risk assessment, risk treatment, ISMS, cybersecurity, privacy protection, Statement of Applicability.