What is ISO/IEC 27005?

ISO/IEC 27005 provides guidelines for information security risk management. It supports the implementation of information security based on a risk management approach. It outlines processes for establishing context, risk assessment (identification, analysis, and evaluation), risk treatment, risk acceptance, risk communication, and risk monitoring and review. Organizations use it to identify, assess, and manage information security risks effectively, aligning security controls with business objectives and legal requirements.