ISO 27005 Training | ISO 27005 Lead Auditor Training in Memphis

ISO 27005 Lead Auditor Course Outline

Module 1: Introduction to ISO 27005:2022

• Introduction
• Scope
• Terms and Conditions
• Relationship with ISO 27001:2022
• Overview of Information Security Risk Management

Module 2: Structure of ISO 27005 and Core Concepts

• Structure of the Standard
• Information Security Risk Concepts
• Risk, Threat, Vulnerability, Event, Consequence
• Risk Owner and Risk Source
• Risk Scenario Concept

Module 3: Risk Management Principles and Framework

• Principles of Risk Management
• Alignment with ISO 31000:2018
• Information Security Risk Management Process
• Strategic and Operational Risk Cycles
• Iterative Nature of Risk Management

Module 4: Context Establishment Fundamentals

• Internal and External Context
• Interested Parties and Requirements
• Organisational Objectives and Risk Appetite
• Overview of Risk Criteria
• Introduction to Risk Assessment Methods

Module 5: Introduction to Internal Risk Auditing

• Purpose of Internal Audits in Risk Management
• Internal Auditor Roles and Responsibilities
• Audit Independence and Objectivity
• Audit Scope Definition

Module 6: Auditing Risk Management Framework

• Audit of Risk Management Process
• Audit of Risk Management Cycles
• Alignment with Organisational Risk Management
• Audit of Documentation and Controls

Module 7: Auditing Context Establishment

• Audit of Organisational Context
• Audit of Interested Parties Requirements
• Audit of Risk Criteria and Acceptance Criteria
• Audit of Method Selection

Module 8: Auditing Risk Identification

• Audit of Risk Identification Process
• Event-Based vs Asset-Based Approach
• Identification of Risk Sources and Scenarios
• Validation of Risk Owners

Module 9: Auditing Risk Analysis and Evaluation

• Audit of Consequence Assessment
• Audit of Likelihood Assessment
• Audit of Risk Level Determination
• Audit of Risk Prioritisation

Module 10: Internal Audit Reporting and Follow-Up

• Audit Findings and Observations
• Classification of Nonconformities
• Internal Audit Reporting
• Corrective Actions and Follow-Up

Module 11: Designing Information Security Risk Management Framework

• Establishing Risk Management Governance
• Roles and Responsibilities
• Integration with ISMS
• Risk Ownership and Accountability

Module 12: Establishing Context and Risk Criteria

• Defining Organisational Context
• Establishing Risk Acceptance Criteria
• Defining Risk Assessment Criteria
• Selecting Risk Assessment Method

Module 13: Implementing Risk Identification Process

• Identification of Risks and Risk Sources
• Development of Risk Scenarios
• Event-Based and Asset-Based Techniques
• Identification of Assets, Threats, and Vulnerabilities

Module 14: Implementing Risk Analysis Process

• Assessment of Consequences
• Assessment of Likelihood
• Determining Risk Levels
• Handling Uncertainty and Data Limitations

Module 15: Implementing Risk Evaluation and Treatment

• Risk Evaluation Against Criteria
• Selection of Risk Treatment Options
• Determining Controls
• Statement of Applicability
• Risk Treatment Plan

Module 16: Risk Communication and Operational Integration

• Communication and Consultation
• Integration into Organisational Processes
• Documentation and Record Management
• Stakeholder Engagement

Module 17: Monitoring, Review and Continual Improvement

• Monitoring Risk Environment
• Review of Risk Management Effectiveness
• Management Review
• Corrective Actions
• Continual Improvement

Module 18: Audit Principles and Audit Programme Management

• Principles of Auditing
• Audit Programme Management
• Audit Planning Strategy
• Audit Team Roles and Competence

Module 19: Conducting ISO 27005 Risk Management Audit

• Audit of Risk Assessment Process
• Audit of Risk Treatment Process
• Audit of ISMS Integration
• Interview Techniques and Evidence Collection

Module 20: Audit Reporting, Closure and Follow-Up

• Audit Findings and Nonconformities
• Audit Report Preparation
• Closing Meeting
• Follow-Up Audits and Verification
• Maintaining Auditor Competence

Who should attend this ISO 27005 Lead Auditor Course?

The ISO 27005 Lead Auditor Course teaches the skills and knowledge necessary to conduct audits of Information Security Risk Management Systems. The course is best suited for professionals who want to become Lead Auditors for ISMR systems. The professionals who can benefit from attending this course include the following:

• Information Security Professionals
• Quality Assurance Professionals
• Internal Auditors
• Risk Managers
• Compliance Officers
• Business Continuity Professionals
• Security Analysts

Prerequisites of the ISO 27005 Lead Auditor Course

There are no formal prerequisites for this ISO 27005 Lead Auditor Course.

ISO 27005 Lead Auditor Course Overview

The ISO 27005 Lead Auditor Training is a comprehensive course focusing on the principles and practices of Information Security Risk Management in accordance with ISO 27005 standards. Information Security Risk Management is crucial for organisations seeking to protect their sensitive information and ensure the integrity, confidentiality, and availability of data.

Professionals engaged in Information Security and Risk Management should prioritise mastering the course. This includes Information Security Managers, Risk Managers, Compliance Officers, and individuals responsible for conducting audits and assessments within their organisations. The lead auditor role is essential for ensuring the effectiveness of information security risk management systems and verifying compliance with ISO 27005 standards.

The 5-days training by the Knowledge Academy on ISO 27005 Lead Auditor is designed to provide a comprehensive and practical learning experience. Delegates will gain expertise in leading Information Security Risk Management audits, understanding audit methodologies, and evaluating compliance with ISO 27005 standards.

Course Objectives

• To provide a detailed understanding of ISO 27005 standards
• To equip participants with the knowledge to lead Information Security Risk Management audits
• To guide professionals in conducting assessments and audits according to ISO 27005
• To enhance participants' skills in assessing risk management processes
• To prepare individuals for the lead auditor role in information security risk management
• To ensure participants are well-versed in audit methodologies and compliance with ISO 27005 standards

Upon completing this course, delegates will benefit by becoming proficient ISO 27005 Lead Auditors, ready to guide their organisations in effective Information Security Risk Management. The practical knowledge acquired, coupled with the expertise of the instructors, positions participants to lead audits, assess risk management processes, and contribute significantly to enhancing information security within their organisations.

What’s included in this ISO 27005 Lead Auditor Course?

• ISO 27005 Lead Auditor Examination
• World-Class Training Sessions from Experienced Instructors
• ISO 27005 Lead Auditor Certificate
• Digital Delegate Pack

ISO 27005 Lead Auditor Exam Information

To achieve the ISO 27005 Lead Auditor, candidates will need to sit for an examination. The exam format is as follows: 

• Question Type: Multiple Choice  
• Total Questions: 30 
• Total Marks: 30 Marks 
• Pass Mark: 50%, or 15/30 Marks 
• Duration: 40 Minutes  
• Open Book/ Closed Book: Closed Book