ISO 27005: A framework for effective Information Security Risk Management
ISO/IEC 27005 Standard acts as a guide that organizations could follow to achieve their goal of establishing, implementing, and continually improving Information Security Risk Management (ISRM) in an organization. It is a guideline that seeks to provide an organized method in the process of finding the risks and dealing with them that are present in the valuable information assets. ISO 27005 Lead Auditor Certification holders have in-depth awareness of the required standard and have great objectives to audit the ISMS program of the organizations. They evaluate the adequacy and appropriateness of the specified controls in addressing the established risks. This is done by identifying the weak links in the system and making sure that the ISMS is relevant to the overall information security policy of the organization.
What is the audit methodology used by ISO 27005 Lead Auditors?
The approach of ISO 27005 Lead Auditors is based on a risk-based audit methodology practically tied to ISO 19011, which is the international standard against which management system audits are assessed. This approach is a three-stage process. Initially, audit settings are created, namely audit boundaries, directions, and criteria that are fixed. The second step will presumably involve scrutinizing the RIMS program design and the course of its implementation through documentation review and interviews. Eventually, the validation field work implies control tests that the imposed measures will succeed. The Lead Auditor monitors any non-conformity and comes up with solutions that could improve the firm's overall efficiency in the course of performing the audit.
ISO 27005 Lead Auditor Training: Equip Yourself for Successful ISMS
ISO/IEC 27005 Lead Auditor Training in Bhutan equips participants with the tools to critically review an Information Security Risk Management (ISRM) process. This ISO standard forms a framework for the training curriculum, which enables professionals to learn the identification of risk theories, assessment, treatment, and communication strategies. Another highlight of the training course is to equip participants with the skills to design an ISMS program that is effective for implementation and gives them chances for improvement. Attendees are taught the technical skills to conduct the correct audits and apply ISO 27005 methodology. To demonstrate their understanding and skills, participants must successfully finish a two-hour ISO 27005 Lead Auditor Exam. This evaluation includes both multiple-choice and subjective questions, and participants are considered to have qualified for the exam if they achieve more than a minimum of 70%.
Corporate Group Training
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- Onsite / Online
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ISO 27005 Lead Auditor Exam Format | |
Exam Name | ISO 27005 Lead Auditor Certification |
Exam Format | Multiple choice, subjective |
Total Questions | 20 Questions |
Passing Score | 70% |
Exam Duration | 2 Hours |
Key Features of ISO 27005 Lead Auditor Certification Training in Bhutan
Leveraging ISO 27005 Lead Auditor Certification Training offered by Unichrone in Bhutan, professionals are transformed into accomplished Information Security Risk Management (ISRM) specialists. This program greatly covers the ISO 27005 standard and also enables the participants to design, implement, and keep improving the organization's ISRM programs. Through a blend of theoretical knowledge and practical exercises, participants hone their risk assessment skills, allowing them to confidently identify, analyze, and prioritize security vulnerabilities. Professionals who attend the training program become experts in risk recognition, judgment, and treatment approaches. They are then able to carry out evaluations and use helpful security controls that will be most effective. Subsequent to a successful conclusion, the individuals have proficiency in leading and conducting ISRM audits in accordance with compliance with ISO standards and developing an effective information security program. Acquiring this strategic accreditation enables competent practitioners to surpass boundaries within the cyber realm and advance to a higher level of leadership.
- 4 Day Interactive Instructor –led Online Classroom or Group Training in Bhutan
- Course study materials designed by subject matter experts
- Mock Tests to prepare in a best way
- Highly qualified, expert & accredited trainers with vast experience
- Enrich with Industry best practices and case studies and present trends
- ISO 27005 Lead Auditor Training Course adhered with International Standards
- End-to-end support via phone, mail, and chat
- Convenient Weekday/Weekend ISO 27005 Lead Auditor Training Course schedule in Bhutan
ISO 27005 Lead Auditor Certification Benefits
Higher Salary
With this renowned credential, aspirants earn higher salary packages when compared to non-certified professionals in the field
Individual accomplishments
Aspirants can look for higher career prospects at an early stage in their life with the most esteemed certification
Gain credibility
Owning the certification makes it easier to earn the trust and respect of professionals working in the same field
Rigorous study plan
The course content is prescribed as per the exam requirements, covering the necessary topics to ace the exam in the first attempt
Diverse job roles
Attaining the certification enhances the spirit of individuals to pursue diverse job roles in the organization
Sophisticated skillset
With this certification, individuals acquire refined skills and techniques required to play their part in an organization
ISO 27005 Lead Auditor Course Curriculum
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Module 1: Introduction to ISO 27005 Standard
Topics
- · Introduction
- · Concepts, Key Definitions, and Background
- · Quality Management System (QMS)
- · Information Security Risk Management
- · Role and Importance
- · Understanding the Situation in an Organisation
- · Reviewing and Monitoring
- · Octave Method
- · EBIOS Method
- · MEHARI
- · Harmonised TRA Method
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Module 2: Interaction with Other ISO
Topics
- · How ISO 27005 Interacts with ISO 27001?
- · Quantifying the Business Impact
- · Impact Severity
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Module 3: Planning Individual Internal Audits
Topics
- · Internal Audit Approach
- · Risk Assurance Mapping
- · Audit Plan
- · Research the Audit Area
- · Conduct Process Walk-Throughs
- · Map Risks to the Organisation, Process, or Function
- · Obtain Data Prior to Fieldwork
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Module 4: Conducting Internal Audit and Handling the Interview Process
Topics
- · Identify Risks
- · Plan and Audit Activities
- · Validate the Facts and Complete the Work
- · Develop a Deliverable or Report that will Drive Action
- · Follow Up
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Module 5: Understanding Risk Management in an Internal Audit
Topics
- · Introduction
- · Risk Management Process
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Module 6: Preparation of an ISO 27005 Audit
Topics
- · Define Audit Objectives and Scope
- · Select Audit Criteria
- · Establish Audit Teams
- · Develop Audit Plan
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Module 7: Conducting an ISO 27005 Audit
Topics
- · Risk Management Process
- · Context Establishment
- · Risk Assessment
- · Risk Treatment
- · Risk Acceptance
- · Risk Communication and Consultation
- · Risk Monitoring and Review
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Module 8: Closing an ISO 27005 Audit
Topics
- · Prepare Audit Report
- · Distribute Audit Report
- · Conduct Audit Follow-up
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Module 9: Managing an ISO 27005 Audit Program
Topics
- · Know What and When to Audit
- · Create an Audit Schedule
- · Pre-Planning the Scheduled Audit
- · Conducting the Audit
- · Record the Findings
- · Report Findings
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Module 10: Key Concepts, Terminology, and Definitions Lead Implementer
Topics
- · Internal Context
- · Risk
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Module 11: Introduction to Risk Management
Topics
- · Monitoring and Reviewing Potential Risks
- · Risk Management Methodologies
- · Information Security Risk Management Framework and Process Model
- · Information Assets Classification, Identification, and Threats
- · Threat Vulnerabilities
- · Controls
- · Controlling Vulnerabilities
- · Vulnerability Categories and Sources
- · Consequences of Vulnerabilities
- · Incident Scenarios
- · Types of Vulnerabilities
- · Methods for Risk Assessment
- · Scales and Simple Calculations
- · Acceptance Strategies
- · Improvement of Risk Assessment and Risk Management
- · Risk Assessment and Risk Management
- · Implementation of Risk Management Programmes
- · Risk Communication and Consultation
- · Communicating Risk
- · Principles of Risk Communication
- · Accurate Communication
- · Risk Communication Procedures
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Module 12: Risk Identification and Analysis
Topics
- · Risk Analysis and Scoring
- · Risk Identification
- · Risk Estimation
- · Methodologies
- · Components
- · Risk Assessment Techniques
- · Assumptions Analysis
- · Checklist Analysis
- · SWOT Analysis
- · Prompt Lists
- · Interviewing and Brainstorming
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Module 13: Role and Responsibilities of a Risk Manager
Topics
- · Risk Acceptance and Making Changes
- · Information Security
- · Types of Risks and Associated Threats
- · Security Controls and Measures
- · Scope and Boundaries of Process
- · Constraints that Affect an Organisation
- · Impact of Risks
- · Information Security Risk Management
- · Train and Make Employees Aware of Risks
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Module 14: Identifying, Evaluating, and Treating Risk Specified in ISO 27005
Topics
- · Risk Treatment
- · Mitigating Control Measures
- · Risk Analysis Tools and Evaluation
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Module 15: Role of an Auditor
Topics
- · Qualifications of an Auditor
- · IRCA Code of Conduct
- · Internal and External Audits
- · Roles and Responsibilities of a Lead Auditor
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Module 16: Preparation and Planning of an Audit
Topics
- · Auditing Definition
- · Pre-Audit
- · Setting Audit Standards
- · Defining Targets
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Module 17: Review and Monitoring
Topics
- · Monitoring and Logging
- · Intrusion and Penetration Testing
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Module 18: Auditing Principles and Techniques
Topics
- · Auditing Principles
- · Auditing Techniques
- · Gap Analysis
- · Gap Analysis Process
- · 5-Whys
- · Communication Planning
- · Audit Steps
- · Plans and Programs
- · Activities of an Auditor
- · Verification Techniques
- · Inspection Writing
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Module 19: Closure of Audit
Topics
- · Report Evaluation
- · Follow-up Actions
- · Auditing Results
- · Higher Management
- · Audit Evidence and Findings
- · Audit Follow-up
Frequently Asked Questions
How does ISO 27005 Lead Auditor Training in Bhutan prepare me to handle real-world ISO 27005 audits?
ISO 27005 Lead Auditor Training offered by Unichrone incorporates case studies, role-playing exercises, and simulated audits, providing hands-on experience in applying the ISO 27005 standard to practical scenarios.
Does ISO 27005 Lead Auditor Training in Bhutan cover the integration of ISO 27005 with other information security frameworks?
Yes, ISO 27005 Lead Auditor Training explores the synergies between ISO 27005 and other relevant frameworks, equipping participants to create a comprehensive Information Security Risk Management approach.
What specific skills will I gain from ISO 27005 Lead Auditor Training in Bhutan?
Candidates will develop expertise in conducting:
- ISRM audits
- Risk identification, assessment, and treatment methodologies
- Understanding control effectiveness evaluation
- Strong leadership for managing audit teams.
Is there any prerequisite knowledge required for this ISO 27005 Lead Auditor Training?
Some understanding of information security concepts and familiarity with ISO 27001 are beneficial, but not mandatory, for ISO 27005 Lead Auditor Training.
What is the duration of the ISO 27005 Lead Auditor Training program?
ISO 27005 Lead Auditor Training duration will be 4 days.
What resources or materials are provided during the ISO 27005 Lead Auditor Training?
Resources and materials provided during the ISO 27005 Lead Auditor Training include course manuals, templates, and access to online resources.
Does the ISO 27005 Lead Auditor Exam heavily focus on memorizing specific clauses of the ISO 27005 standard?
No, the ISO 27005 Lead Auditor Exam emphasizes understanding the application of the standard, not just memorizing clauses. The focus is on using the framework for effective ISRM implementation and audits.
What resources are recommended for preparing for the ISO 27005 Lead Auditor Exam?
Recommended resources for the ISO 27005 Lead Auditor Exam include official training materials, practice exams, and resources offered by Unichrone that delve into applying the standard for ISRM audits.
Does Unichrone offer any additional resources or support for ISO 27005 Lead Auditor Exam preparation?
Yes, Unichrone offers additional resources and support for ISO 27005 Lead Auditor Exam preparation, which is required by candidates.
What happens if I fail the ISO 27005 Lead Auditor Exam?
If candidates fail ISO 27005 Lead Auditor Exam, Unichrone provides two attempts free of charge for candidates to retake the exam.
What is the format of the ISO 27005 Lead Auditor Exam in Bhutan?
The format of the ISO 27005 Lead Auditor involves a mix of multiple-choice and subjective questions to test a candidate's understanding and application of the standard.
How much time will be provided to complete the ISO 27005 Lead Auditor Exam?
Participants will be provided with two hours to complete the ISO 27005 Lead Auditor Exam.
What is ISO 27005 about?
ISO 27005 is an international standard that provides guidelines for organizations on how to effectively conduct Information Security Risk Assessments (ISRM) and manage information security risks.
State the difference between ISO 27001 and ISO 27005.
ISO 27001 outlines the requirements for an Information Security Management System (ISMS), while ISO 27005 offers specific guidance on managing information security risks within that ISMS framework.
What is the latest version of ISO 27005?
The latest version of ISO 27005 is ISO/IEC 27005:2022, published in October 2022.
What are the steps involved in implementing ISO 27005 risk assessment?
Implementing ISO 27005 risk assessment involves:
- Identifying information assets, threats, and vulnerabilities.
- Analyzing their likelihood and impact to prioritize risk treatment.
Is ISO 27005 an essential standard?
ISO 27005 itself isn't mandatory, but it provides vital guidance for organizations aiming for strong information security risk management.
What is the first step in ISO 27005 framework?
The first step in the ISO 27005 framework involves establishing the context, which defines the scope and objectives of your information security risk management (ISRM) program.
Is ISO 27005 Lead Auditor Certification specific to a particular industry?
No, ISO 27005 Lead Auditor certification is not industry-specific. It equips individuals to conduct information security audits across various sectors.
What are the responsibilities of ISO 27005 Certified Lead Auditor?
An ISO 27005 Certified Lead Auditor independently assesses an organization's information security management system (ISMS), identifying areas for improvement and ensuring compliance with best practices.
ISO 27005 Lead Auditor Examination Procedure
PREPARE
Go through the intense 4-day ISO 27005 Lead Auditor Training offered by Unichrone. Fulfil all the requirements before the examination.
APPLY
Apply for the ISO 27005 Lead Auditor Exam conducted by Unichrone. Choose the suitable date for the exam.
ACQUIRE
Get certified with ISO 27005 Lead Auditor after clearing the exam. You will receive an email confirming the status.
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Our certified and highly experienced trainers are handpicked from various industries to assist aspirants with practical insights into the field, thereby providing a comprehensive understanding of fundamentals and complex terminologies
1200+
Instructors
20+
Minimum Experience
100+
Session Expertise
- Information assets
- Organization's risk tolerance
- Cost-effectiveness of the control.
- Regular reviews
- Performance monitoring
- Conducting internal audits.
- Resource constraints
- Lack of employee awareness
- Integrating the framework with existing IT infrastructure.
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