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ISO 27005 Standard

To outlines a comprehensive risk management framework and methodology for organizations

What is ISO 27005 Standard

The ISO 27005 standard outlines a comprehensive risk management framework and methodology for organizations to identify, assess, evaluate, and treat information security risks effectively. It provides guidance on how to integrate risk management practices into the organization's overall information security management system

ISO STANDARD

ISO STANDARD

The Components of ISO 27005

• Risk Management Framework
• Risk Assessment
• Risk Treatment
• Risk Communication
• Risk Monitoring and Review
• Integration with ISO 27001
• Adaptability

Implementing the ISO 27001 Information Security Management System:

• A systematic study of information security risks within the organization
taking into account threats, vulnerabilities and the effects resulting.
• Design and implement a coherent and comprehensive set of
information security controls, risk handling procedures unacceptable risks.
• Adopting a comprehensive information security system to ensure
that information security controls continue to meet the organization's information security needs on an ongoing basis.

The Methodology of ISO 27005

Risk Identification: Identify potential risks that could impact the confidentiality, integrity, and availability of information and information systems

Risk Assessment: Assess the identified risks by estimating the likelihood and potential impact of each risk. This assessment helps prioritize risks based on their severity and potential consequences

Risk Evaluation: Evaluate the assessed risks against pre-defined risk assessment criteria. Determine the acceptability of risks based on the organization's risk tolerance and appetite

Risk Treatment: Develop and select appropriate risk treatment options for addressing identified risks. These options can include risk avoidance, risk mitigation, risk transfer, or risk acceptance

Risk Communication: Communicate the results of the risk assessment to relevant stakeholders, including senior management, employees, and other parties

Risk Monitoring and Review: Regularly monitor and review the effectiveness of the implemented risk treatment measures

Documentation: Maintain documentation of the entire risk assessment process, including the identified risks, assessment criteria, evaluation results, risk treatment decisions, and communication efforts

Continuous Improvement: Continuously improve the risk assessment methodology and process based on lessons learned and feedback from risk management activities

Methodology of ISO 27005

Risk Identification: Identify potential risks that could impact the confidentiality, integrity, and availability of information and information systems.

Risk Assessment: Assess the identified risks by estimating the likelihood and potential impact of each risk. This assessment helps prioritize risks based on their severity and potential consequences.

Risk Evaluation: Evaluate the assessed risks against pre-defined risk assessment criteria. Determine the acceptability of risks based on the organization's risk tolerance and appetite.

Risk Treatment: Develop and select appropriate risk treatment options for addressing identified risks. These options can include risk avoidance, risk mitigation, risk transfer, or risk acceptance.

Risk Communication: Communicate the results of the risk assessment to relevant stakeholders, including senior management, employees, and other parties.

Risk Monitoring and Review: Regularly monitor and review the effectiveness of the implemented risk treatment measures.

Documentation: Maintain documentation of the entire risk assessment process, including the identified risks, assessment criteria, evaluation results, risk treatment decisions, and communication efforts.

Continuous Improvement: Continuously improve the risk assessment methodology and process based on lessons learned and feedback from risk management activities.

How it Works

The process — Behind the scenes.

Initiate Cybersecurity Operating model.

Initiate Cybersecurity Operating model

Establish an Operating Model framework

Initiate Cybersecurity Operating model

Establish an Operating Model approach

Initiate Cybersecurity Operating model

Defining Vision, Principles, Capabilities.

Initiate Cybersecurity Operating model

Establish an organization Blueprint

Initiate Cybersecurity Operating model

Building an organization Roadmap

Initiate Cybersecurity Operating model

Implementing an organization Blueprint

Initiate Cybersecurity Operating model

How can Nozom help you?

Gap analysis (gap analysis) maturity assessment, penetration tests.
Design and operate security quality systems.
Conduct comprehensive audits and reviews of your organisation's cyber security situation.
Developing and formulating the organization's cyber security strategy.
Rehabilitation and employment services for security cadres, and the establishment of internal cyber security departments and offices.
Providing awareness campaigns and training courses for cyber security aimed at transferring knowledge and enhancing employee skills.
Applying the cyber security regulatory framework for service providers in the telecommunications, information technology and postal sectors.
Auditing and reviewing quality systems, and ensuring their compliance with regulatory and legislative requirements.
Installation and commissioning of security solutions (physical and electronic).
Formulate and implement an appropriate security incident response methodology and security incident reporting system

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How it Works

The process — Behind the scenes.

Initiate Cybersecurity Operating model.

Establish an Operating Model framework.

Establish an Operating Model approach.

Defining organization Vision, Principles, Capabilities.

Establish an organization Blueprint.

Building an organization Roadmap.

Implementing an organization Blueprint.

something good about how the work is done

ISO Standards

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ISO/IEC 27001

ISO/IEC 27001

ISO/IEC 27001 is the international standard for information security.

Setting specification for an effective ISMS (information security management system).

ISO 27001's best-practice approach helps organizations manage their information security by addressing people, processes and technology.

ISO/IEC 27017 is a security standard developed for cloud service providers and users to make a safer cloud-based environment and reduce the risk of security problems.

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ISO/IEC 27018

ISO/IEC 27018:2019

Confidentiality is a key concern in a cloud computing environment.

ISO/IEC 27018:2019 takes into consideration the regulatory requirements for the protection of identifiable personal information (IPI) that may be applicable in the context of risk assessment.

ISO/IEC 27018:2019 sets out guidelines related to a cloud service provider’s information security.

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Information Security Management

NOZOM will Support you by:

Plan the implementation and operation of your service management system.

Implement the service management plan.

Monitor measure and review the achievement of service management objectives.

Identify actions for continual improvement.

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ISO/IEC 31000

ISO/IEC 31000

The ISO 31000 risk management standard defines the requirements for effective risk management in enterprises, which can be applied to the planning, management activities.

The ISO 31000 communication processes in public, private or social areas, aiming to increase operational efficiency, management, shareholder trust.

The ISO 31000 minimizes deferent kinds of losses.

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ISO/IEC 31000

ISO/IEC 31000 Result

ISO/IEC 31000 Enterprise Risk Management System Certificate shows that the organization has a corporate identity and gives reputation to its competitors.

In the ruthless competition conditions of today's world, every effort is to be one step ahead of the competitors.

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Information Security Management

NOZOM will Support you by:

Plan the implementation and operation of your service management system.

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Identify actions for continual improvement.

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ISO/IEC 22301

ISO/IEC 22301

ISO 22301 Business Continuity Management System, establishes processes, procedures, decisions and activities

ISO 22301 ensures the continuation of the establishment activity as a result of the interruption of an activity after an unexpected negative situation within the company.

ISO 22301 measure the ability of the organization to provide the products or services continues to be determined at an acceptable levels.

proactive and reactive plans to help organizations avoid crises and disasters, they help to ensure that such situations can be quickly restored to the usual situation.

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Information Security Management

NOZOM will Support you by:

Plan the implementation and operation of your service management system.

Implement the service management plan.

Monitor measure and review the achievement of service management objectives.

Identify actions for continual improvement.

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ISO/IEC 20000

ISO/IEC 20000

ISO 20000 certification can help improve your organization’s reputation and set you aside from the competition.

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ISO/IEC 20000 is the international ITSM (IT service management) standard, It enables IT departments to ensure that their ITSM processes are aligned with the business’s needs and international best practices.

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ISO/IEC 20000

ISO/IEC 20000 Result

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It gives you the methodology and the framework to help you manage your ITSM.

allowing you in proving that your company follows the best practices; in turn, these best practices will help your organization to improve your delivery of IT services.

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Information Security Management

NOZOM will Support you by:

Plan the implementation and operation of your service management system.

Implement the service management plan.

Monitor measure and review the achievement of service management objectives.

Identify actions for continual improvement.

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