What is ISO 27005?

ISO 27005 provides guidelines for information security risk management. It supports the implementation of information security based on a risk management approach, as specified in ISO 27001. It outlines the processes for establishing context, identifying risks, analyzing and evaluating them, treating risks, and monitoring and reviewing risks associated with information assets. It's commonly used to systematically manage information security risks within an organization, ensuring that appropriate security controls are selected and implemented based on the organization's risk appetite.