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InfoSecurity.com. Reviews the requirements, types, and use of ISO 27005, an International Organization for Standardization (ISO) standard for information risk management. Introduction: ISO 27005, Information Risk Management, is an International Organization for Standardization (ISO) standard developed by the International Electrotechnical Commission (IEC) and the Computer Security Foundation (CSF), and now the focus of much of the information security focus in the IEC. ISO 27005, provides the requirements for information security management as well as guidance on the planning, implementation, and evaluation of IS management systems. Article scope and overview: The scope of the standard includes information security management systems (ISMS) and related processes. The type of information and technology covered is electronic information systems with an emphasis on the Internet, intranet, and other electronic information and communication networks. ISMS is a management concept that provides a system for risk management by establishing and maintaining secure information management processes and procedures. It includes processes such as authorization and authentication, auditing and logging, incident management, and access control. It can also include security controls and measures for hardware and software assets, personnel, facilities, physical security, and threat and vulnerability assessments. ISO 27005 presents a model of information security management that can be applied at the organizational and business unit level. The standard is composed of an Introduction, Information Security Management Requirements, Management of Risk, Elements of a Risk Management System, Management of Responsibilities, and Management of a Risk Register. The standard also provides a number of model management application frameworks to be used as illustrations or templates to extend the application of the standard to specific contexts, such as risk management for networked environments, and to fill gaps where specific process models are needed. The standard focuses on three types of information: (1) actual information that is the product or result of an information process; (2) sensitive information, such as information that could negatively impact the legal, physical, economic, or social rights and interests of a given entity, or could change the legal status of an entity; (3) critical information, which is information that is a necessary or important link in the flow of actual information. “Information processes” are those processes that use information to satisfy a business or organizational purpose.

The standard provides two major categories of management requirements:

management requirements for process type management, and

management requirements for task type management. The management of task type management is specifically for the management of security tasks. The standard does not include management requirements 0b46394aab

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