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Content of the standard At 66 pages, ISO/IEC 27005 is a substantial standard although around two-thirds is comprised of annexes with examples and additional information. NIST standards are referenced in the bibliography. Scope of the standard The standard ‘provides guidelines for information security risk management’ and ‘supports the general concepts specified in ISO/IEC 27001 and is designed to assist the satisfactory implementation of information security based on a risk management approach.’ It cites as a normative (essential) standard, and mentions, and ISO 31000 in the content. Dealing with the most significant information risks first makes sense from the practical implementation and management perspectives. ISO/IEC - Information technology - Security techniques - Information security risk management ( third edition) Introduction The ISO27k standards are deliberately risk-aligned, meaning that organizations are encouraged to assess risks to their information (called “information security risks” in the ISO27k standards, but in reality they are simply information risks) as a prelude to treating them in various ways.

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