Day 1: Introduction, risk management program according to ISO 27005
•Concepts and definitions related to risk management
Risk management standards, frameworks and methodologies
Implementation of an information security risk management program
Understanding an organization and its context
Day 2: Risk identification and assessment, risk evaluation, treatment, acceptance, communication and surveillance according to ISO 27005
•Risk identification
Risk analysis and risk evaluation
Risk assessment with a quantitative method
Risk treatment
Risk acceptance and residual risk management
Information Security Risk Communication and Consultation
Risk monitoring and review
Day 3: Exam and Start of a risk assessment with OCTAVE
•Certified ISO 27005Risk Manager Exam (2 hours)
Presentation of OCTAVE
Phase 1 - Process 1 to 3 (Understanding the Organization)
Phase 1 - Process 4 (Create threat profiles)
Phase 2 - Process 5 (Identification of key components)
Day 4: Assessment of vulnerabilities and risk, according to OCTAVE
•Phase 2 - Process 5 (Continued)
Phase 2 - Process 6 (Evaluation of selected components)
Phase 3 - Process 7 (Conducting the risk assessment)
Phase 3 - Process 8 (Development of a Protection Strategy)
Day 5: The OCTAVE Method Implementation approach and conclusion
•Phase 3 – Process 8 (Development of a Protection Strategy – cont.)
The OCTAVE Method Implementation Guide
OCTAVE – S
OCTAVE Allegro
Summary
Prerequisites
A basic knowledge of risk management is recommended
Educational approach
•This training is based on both, theory and practice:
-Sessions of lectures illustrated with examples based on real cases
-Practical exercises based on case studies including role playing and oral presentations
-Review exercises to assist the exam preparation
-Practice test similar to the certification exam
To benefit from the practical exercises, the number of training participants is limited
Exam
•The “Certified ISO/IEC 27005Risk Manager” exam fully meets the requirements of the PECB Examination and Certification Program (ECP).
The “Certified ISO/IEC 27005Risk Manager” exam covers the following competence domains:
-Domain 1: Fundamental concepts, approaches, methods and techniques of information security risk management
-Domain 2: Implementation of an information security risk management program
-Domain 3: Information security risk assessment based on ISO 27005
The “Certified ISO/IEC 27005Risk Manager” is available in different languages (the complete list of languages can be found in the examination application form)
Duration: 2 hours
For more information about the exam, refer to the PECB section on ISO/IEC 27005Risk Manager Exams
Certification
•After successfully completing the “ISO/IEC 27005 Risk Manager” exam, participants can apply for the credentials of Certified ISO/IEC 27005 Provisional Risk Manager, Certified ISO/IEC 27005 Risk Manager or Certified ISO/IEC 27005 Lead Risk Manager, depending on their level of experience. A certificate will be issued to the participants who successfully pass the exam and comply with all the other requirements related to the selected credential
For more information about the ISO 27005, ISO 31000 certifications and PECB certification process, refer to the PECB section on ISO/IEC 27005 Risk Manager Certification
General information
•Exam and certification fees are included in the training price
The training material on OCTAVE is only available in English
A copy of the official documentation on OCTAVE published by CERT (including OCTAVE-S and OCTAVE Allegro) will be distributed to the participants together with a student manual containing over 400 pages of information and practical examples
A participation certificate of 35 CPD (Continuing Professional Development) credits is awarded to the participants
In case of failure of the exam, participants are allowed to retake the exam for free under certain conditions
ISO/IEC 27005 is a guidance standard on risk management and it is not a certifiable standard for an organization
"Taken from PECB <https://pecb.com