ISO 27001 Risk Assessment Methodology and Process

Thursday, March 03, 2011

Dejan Kosutic


Risk Management Part 1: Risk Assessment Methodology and Risk Assessment Process

Why is Risk Assessment Important?

Risk assessment has a central role in information security management – since ISO 27001 is mainly focused on preventing security incidents, it requires this kind of analysis to be performed in order to define which security measures (controls) are to be implemented to control such risks.

The complexity of the security of information makes it impossible to know all the risks by heart. Therefore, without risk assessment you could find yourself in a situation where you have invested a lot of money in controls you don't really need or that you didn't invest money in controls you needed badly.

Risk assessment is the first major step in implementation of ISO 27001, right after the ISMS Scope document and ISMS Policy; after the risk assessment is completed, risk treatment defines which controls are to be implemented and then the implementation of information security can start.

Register for this webinar to learn:

  • The requirements of ISO 27001 for risk assessment
  • Where does risk assessment fit in information security management and PDCA cycle
  • The purpose of Annex A
  • How can ISO 27005 help you
  • How to learn from security incidents
  • Where to find catalogues for threats and vulnerabilities and whether to use risk assessment tools
  • Difference between quantitative and qualitative risk assessment
  • How to structure a risk assessment methodology that is suited to your organization
  • How to implement the risk assessment process in your organization and how to define the roles
This live online training includes the following workshops:
  • Quantitative risk assessment
  • Filling in the Risk Assessment Table (Qualitative risk assessment)
  • Structuring the Risk Assessment Methodology

Upcoming Dates/Times:   Tuesday - March 8, 2011  

10:00 AM London time

11:00 AM Brussels time

3:30 PM (15:30) Mumbai time

7:00 PM (19:00) Tokyo time

Monday - March 21, 2011

11:00 AM Los Angeles time

2:00 PM (14:00) New York time

6:00 PM (18:00) London time

7:00 PM (19:00) Brussels time

Duration: 2.5 hours (including 15 minute break)


Tuition: $189 per attendee

What You Receive
  • Training delivered by Dejan Kosutic, one of the leading experts for ISO 27001 / BS 25999-2
  • 3 workshops
  • Download of presentation deck and workshop materials
  • Access to webinar recording
  • Template of document Risk Assessment Methodology ($39.90 value)
  • Template of document Risk Assessment Table ($24.90 value)
  • 30 days access to E-learning tutorials ($69.00 value)
  • 30 minutes of private consultation with Dejan Kosutic
  • Certification & credits: Attendees will receive a Certificate of Completion with 2.5 hours of CPE credits
All of the above is included in the webinar price.

Target Audience

Professionals with little or moderate experience in information security risk assessment, including:

  • Chief Security Officers (CSOs)
  • Chief Information Security Officers (CISOs)
  • Risk managers
  • Compliance managers
  • Chief Information Officers (CIOs)
  • ISO 27001/information security consultants
  • ISO 27001/IT auditors
  • Members of top management responsible for information security
  • All information security practitioners

About the training

This highly interactive live online training (via webinar) is designed to enable you to walk away with important skills for executing the planning phase of ISO 27001 in your organization. It contains 3 workshops where filling in the real ISMS documents is exercised.

This moderately priced course offers compelling content, downloadable materials and live engagement with an expert consultant with whom you can discuss how to resolve your specific implementation issues. The course includes documentation templates, access to E-learning tutorials and private time with the trainer for consultation on specific issues. You will experience the training right from your desk, eliminating travel costs and minimizing lost time away from your office.

Competencies and prerequisites

The participants must have their own copy of ISO/IEC 27001 standard in English (not included in price), a broadband Internet connection, and computer with a headset or loudspeakers and microphone (in some countries access through telephone line is also available – in such case headset/loudspeakers/microphone are not required). Prior general knowledge of information security is recommended.

In order to receive the Certificate of Completion, the attendees must read E-learning tutorials (as pre-course work), attend the training throughout its duration, and participate in workshops.

Trainer: Dejan Kosutic is the author of documentation toolkits and E-learning tutorials at Information Security & Business Continuity Academy. He has long working experience both as tutor and as a consultant – he is Approved Tutor for ISMS Lead Auditor courses at SGS, and delivers various ISO 27001 and BS 25999-2 in-person courses throughout Europe, as well as online courses via webinars. In his consulting career, he works with clients from the financial sector, government, and small and medium sized businesses including IT companies.

He has an MBA from Henley Management College, and is the holder of the following certificates: Certified Management Consultant, ISO/IEC 27001 Lead Auditor, Associate Business Continuity Professional, and ISO 9001 Lead Auditor.


Complete Webinar Schedule:

March 8, March 21 - Risk Management Part 1: Risk Assessment Methodology and Risk Assessment Process

FREE WEBINAR - March 9 - BS 25999-2: An Overview of BCM Implementation Process

March 9, March 22 - How to Become ISO 27001 / BS 25999-2 Consultant

March 10, March 23 - BS 25999-2 Foundations Part 3: Business Continuity Planning

March 22, April 4 - Risk Management Part 2: Risk Treatment Process, Statement of Applicability and Risk Treatment Plan

FREE WEBINAR - March 23 - ISO 27001 Implementation: How to Make It Easier Using ISO 9001

March 23, April 6 - ISO 27001 / BS 25999-2 Management Responsibilities: What Does Management Need to Know?

March 24, April 18 - How to Write Four Mandatory Procedures for ISO 27001 and BS 25999-2

April 5, April 19 - ISO 27001 A.6 & A.8: Organization of Information Security; External Parties; Raising Awareness, Training and HR Management

April 5, April 20 - ISO 27001 and ISO 27004: How to Measure the Effectiveness of Information Security?

FREE WEBINAR - April 6 - ISO 27001/BS 25999-2: The Certification Process

April 6, April 19 - ISO 27001 A.7: Asset Management and Classification

Possibly Related Articles:
Compliance Risk Management Risk Assessments Training ISO 27001 Webinar
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