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Information Security

ISO/IEC 27005 Risk Manager

Learn to identify, analyse, evaluate, treat and communicate information security risks based on ISO/IEC 27005 and ISO 31000 — and compare methods like OCTAVE, MEHARI, EBIOS and NIST. Self-paced on myPECB, with 24/7 access.

Veloraa Training

COURSE INFORMATION

Your Learning, at a Glance

Price
699 USD 799 USD
Category
Information Security
Duration
Self-paced; suggested pace: 4–6 weeks at 6–8 hours per week
Format
Self-paced online eLearning via myPECB
Certification
PECB Certified ISO/IEC 27005 Risk Manager (subject to passing the exam and meeting certification requirements)

Course Overview

The Credential for People Who Turn Information Security Risk Into Decisions

ISO/IEC 27005 gives guidance on managing information security risk, building on the principles of ISO 31000. It underpins the risk assessment and treatment that ISO/IEC  27001 requires.

As a Risk Manager, you set up a risk management programme, run the full assessment and treatment process, and communicate risk clearly to decisionmakers. You also  learn how other recognised methods compare. Veloraa delivers the official PECB curriculum online, with practical examples, exercises and quizzes so you can apply what  you learn straight away.

Risk Drives the ISMS

ISO/IEC 27001 requires risk assessment and treatment — ISO/IEC 27005 shows how.

More Than One Method

Compare OCTAVE, MEHARI, EBIOS, NIST, CRAMM and Harmonized TRA.

Decisions Need Evidence

Leaders need risk communicated in terms they can act on.

Who Should Attend?

Anyone who manages or advises on information security risk

  • Information security managers & consultants
  • Information security risk owners
  • Security teams & IT professionals
  • Privacy officers
  • ISO/IEC 27001 compliance owners
  • Project managers & expert advisors

No prior ISO/IEC 27005 certification needed.

Learning Objectives

By the end of the course you will be able to:

  • Master risk fundamentals - Explain the risk management concepts and principles of ISO/IEC 27005 and ISO 31000.
  • Build the framework - Establish, maintain and improve an information security risk management framework.
  • Assess risk - Identify, analyse and evaluate information security risks.
  • Treat risk - Select and apply risk treatment options.
  • Communicate risk - Plan and run risk communication and consultation activities.
  • Compare methods - Understand OCTAVE, MEHARI, EBIOS, NIST, CRAMM and Harmonized TRA.

Curriculum

4 modules · 16 lessons

Lessons follow the risk management process step by step, then compare other methods. Quizzes throughout.

Risk Management Foundations4 Lessons
  • 1. Course Objectives and Structure
  • 2. Standards and Regulatory Frameworks
  • 3. Fundamental Concepts and Principles of Information Security Risk
  • 4. The Information Security Risk Management Programme

You Will Be Able To Understand the concepts, the standards and the risk management programme

Assessing Risk4 Lessons
  • 5. Context Establishment
  • 6. Risk Identification
  • 7. Risk Analysis
  • 8. Risk Evaluation

You Will Be Able To Establish context, then identify, analyse and evaluate risks

Treating and Communicating Risk4 Lessons
  • 9. Risk Treatment
  • 10. Risk Communication and Consultation
  • 11. Risk Recording and Reporting
  • 12. Risk Monitoring and Review

You Will Be Able To Treat risk, consult stakeholders, record, report and review

Other Risk Assessment Methods4 Lessons
  • 13. OCTAVE and MEHARI Methodologies
  • 14. The EBIOS Method and NIST Framework
  • 15. CRAMM and TRA Methods
  • 16. Course Close and Exam Preparation

You Will Be Able To Compare recognised methods and prepare for the exam

Downloadable Resources: 350+ pages of course notes with valuable information and practical examples, in editable formats.

What’s Included

  • 16 video lessons Expert-led, with quizzes
  • 350+ pages of notes Information & practical examples
  • Exam voucher Plus one free retake in 12 months
  • Certification fee No extra cost once you pass
  • 21 CPD credits Attestation of completion

Frequently Asked Questions

Do I Need a Technical Background?

No. The course focuses on risk management concepts and processes. Experience in information security risk counts towards the full credential.

How Long Do I Have to Finish?

You get [ACCESS PERIOD] of unlimited access and study at your own pace. You can take the exam whenever you are ready.

Is the Exam Online?

Yes. You book it through PECB Exams and take it remotely

What If I Fail the Exam?

You can retake it once for free within 12 months of your first attempt.

ISO/IEC 27005 or ISO 31000 Risk Manager — Which Should I Take?

Choose ISO/IEC 27005 if your focus is information security risk. Choose ISO 31000 for risk management across the whole organisation.

Can My Team Enrol Together?

Yes. Veloraa offers corporate and bespoke programmes. Use the enquiry form below for group pricing.

Exam & Certification

Your Path to Certification

The online exam covers four competency domains. If you don’t pass first time, you can retake it once at no cost within 12 months.

  1. Complete the eLearning

    16 lessons and quizzes · earn 21 CPD credits

  2. Pass the Exam

    Book online at a time that suits you

  3. Apply for Your Credential

    Choose the level that matches your experience

  4. Sign the Code of Ethics

    Then receive your PECB certificate

  5. Maintain It

    Annual maintenance and continuing education

Exam Domains

  1. Fundamental principles and concepts of information security risk management
  2. Implementing an information security risk management programme
  3. Information security risk management framework and processes based on ISO/IEC 27005
  4. Other information security risk assessment methods

Credential Levels

CredentialExperienceProject Activities
Provisional Risk ManagerNoneNone
Risk Manager This Course2 yrs (1 in ISRM)200 hours

Both levels require passing the PECB Certified ISO/IEC 27005 Risk Manager exam (or equivalent) and signing the PECB Code of Ethics.

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