ISO 27005:2022
Information security risk assessment process – ISO 27005:2022

ISO 27005:2022 7.3.4: Determining the levels of risk

Input: the scenarios with their consequences, tied to assets or events, and their likelihoods. Action: set the level of risk by combining assessed likelihood and consequence for every relevant scenario. Trigger: the risks are to be evaluated. Output: the risks with level values. Combination is the common method, but calculations may also bring in asset value and need not be linear (likelihood squared with consequence, for example); in every case the criteria of 6.4.3.4 apply.

Maintained by Gerard Blokdyk

What else in your programme already covers this

This control maps to 5 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

ISO 19011:2018 · 5 controls

  • 5.3 Determining and evaluating audit programme risks and opportunities
  • 5.4.4 Determining audit programme resources
  • 6.2.3 Determining feasibility of audit
  • 6.4.9 Determining audit conclusions
  • 7.2 Determining auditor competence

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Information security risk assessment process – ISO 27005:2022

Query this from an agent

The graph holds this control, the 5 it maps to, and the evidence behind each claim, over MCP and REST.