ISO 27005 Lead Auditor Training

The ISO 27005 Lead Auditor Course delivers advanced training for professionals who need to assess and improve risk management practices within Information Security Management Systems (ISMS). Aligned with ISO 27005 and ISO 19011, the course develops expertise in auditing the effectiveness of risk processes, from identification to treatment and monitoring. It is ideal for those responsible for audit assurance and strategic risk oversight. 

Key Topics Covered 

• ISO 27005 Risk Principles: Risk identification, analysis, evaluation, and treatment 

• Auditing Frameworks: ISO 19011 principles applied to risk management audits 

• Audit Planning: Scoping, team roles, checklists, and scheduling 

• Conducting the Audit: Interviews, documentation reviews, and field verification 

• Reporting and Follow-Up: Nonconformity reporting, audit conclusions, and continual improvement

Course Benefits 

• Lead Complex Audits with Confidence: Gain the tools to evaluate information risk programmes 

• Strengthen Assurance Capability: Support compliance, governance, and strategic resilience 

• Advance professionally: Prepare for senior roles in audit, security, or risk leadership 

• Promote improvement: Help organisations refine their risk posture and reduce exposure 

This course is suitable for professionals responsible for auditing information risk practices or leading ISMS governance. It is ideal for: 

• Lead Auditors and Internal Auditors 

• Information Security Managers 

• Risk and Compliance Officers 

• IT Governance Specialists 

• ISO 27001 Consultants 

• Audit and Assurance Team Leads 

Module 1: Introduction to ISO 27005 Standard 

• Introduction 

• Concepts, Key Definitions, and Background 

• Quality Management System (QMS) 

• Information Security Risk Management 

• Role and Importance 

• Understanding the Situation in an Organisation 

• Reviewing and Monitoring 

• Octave Method 

• EBIOS Method 

• MEHARI 

• Harmonised TRA Method 

Module 2: Interaction with Other ISO 

• How ISO 27005 Interacts with ISO 27001? 

• Quantifying the Business Impact 

• Impact Severity 

Module 3: Planning Individual Internal Audits 

• Internal Audit Approach 

• Risk Assurance Mapping 

• Audit Plan 

• Research the Audit Area 

• Conduct Process Walk-Throughs 

• Map Risks to the Organisation, Process, or Function 

• Obtain Data Prior to Fieldwork 

Module 4: Conducting Internal Audit and Handling the Interview Process 

• Identify Risks 

• Plan and Audit Activities 

• Validate the Facts and Complete the Work 

• Develop a Deliverable or Report that will Drive Action 

• Follow Up 

Module 5: Understanding Risk Management in an Internal Audit 

• Introduction 

• Risk Management Process 

Module 6: Preparation of an ISO 27005 Audit 

• Define Audit Objectives and Scope 

• Select Audit Criteria 

• Establish Audit Teams 

• Develop Audit Plan 

Module 7: Conducting an ISO 27005 Audit 

• Risk Management Process 

• Context Establishment 

• Risk Assessment 

• Risk Treatment 

• Risk Acceptance 

• Risk Communication and Consultation 

• Risk Monitoring and Review 

Module 8: Closing an ISO 27005 Audit 

• Prepare Audit Report 

• Distribute Audit Report 

• Conduct Audit Follow-up 

Module 9: Managing an ISO 27005 Audit Program 

• Know What and When to Audit 

• Create an Audit Schedule 

• Pre-Planning the Scheduled Audit 

• Conducting the Audit 

• Record the Findings 

• Report Findings 

Module 10: Key Concepts, Terminology, and Definitions Lead Implementer 

• Internal Context 

• Risk 

Module 11: Introduction to Risk Management 

• Monitoring and Reviewing Potential Risks 

• Risk Management Methodologies 

• Information Security Risk Management Framework and Process Model 

• Information Assets Classification, Identification, and Threats 

• Threat Vulnerabilities 

• Controls 

• Controlling Vulnerabilities 

• Vulnerability Categories and Sources 

• Consequences of Vulnerabilities 

• Incident Scenarios 

• Types of Vulnerabilities 

• Methods for Risk Assessment 

• Scales and Simple Calculations 

• Acceptance Strategies 

• Improvement of Risk Assessment and Risk Management 

• Risk Assessment and Risk Management 

• Implementation of Risk Management Programmes 

• Risk Communication and Consultation 

• Communicating Risk 

• Principles of Risk Communication 

• Accurate Communication 

• Risk Communication Procedures 

Module 12: Risk Identification and Analysis 

• Risk Analysis and Scoring 

• Risk Identification 

• Risk Estimation 

• Methodologies 

• Components 

• Risk Assessment Techniques 

• Assumptions Analysis 

• Checklist Analysis 

• SWOT Analysis 

• Prompt Lists 

• Interviewing and Brainstorming 

Module 13: Role and Responsibilities of a Risk Manager 

• Risk Acceptance and Making Changes 

• Information Security 

• Types of Risks and Associated Threats 

• Security Controls and Measures 

• Scope and Boundaries of Process 

• Constraints that Affect an Organisation 

• Impact of Risks 

• Information Security Risk Management 

• Train and Make Employees Aware of Risks 

Module 14: Identifying, Evaluating, and Treating Risk Specified in ISO 27005 

• Risk Treatment 

• Mitigating Control Measures 

• Risk Analysis Tools and Evaluation 

Module 15: Role of an Auditor 

• Qualifications of an Auditor 

• IRCA Code of Conduct 

• Internal and External Audits 

• Roles and Responsibilities of a Lead Auditor 

Module 16: Preparation and Planning of an Audit 

• Auditing Definition 

• Pre-Audit 

• Setting Audit Standards 

• Defining Targets 

Module 17: Review and Monitoring 

• Monitoring and Logging 

• Intrusion and Penetration Testing 

Module 18: Auditing Principles and Techniques 

• Auditing Principles 

• Auditing Techniques 

• Gap Analysis 

• Gap Analysis Process 

• 5-Whys 

• Communication Planning 

• Audit Steps 

• Plans and Programs 

• Activities of an Auditor 

• Verification Techniques 

• Inspection Writing 

Module 19: Closure of Audit 

• Report Evaluation 

• Follow-up Actions 

• Auditing Results 

• Higher Management 

• Audit Evidence and Findings 

• Audit Follow-up 

By the end of the course, you will be able to: 

• Conduct full-scope audits of risk management systems based on ISO 27005 

• Plan and lead internal and external audits using ISO 19011 guidance 

• Evaluate the effectiveness of risk identification and treatment practices 

• Report findings clearly and support corrective and preventive actions 

• Align risk audits with ISO 27001 and broader organisational objectives 

To achieve the ISO 27005 Lead Auditor, candidates will need to sit for an examination. The exam format is as follows:  

• Question Type: Multiple Choice   

• Total Questions: 30  

• Total Marks: 30 Marks  

• Pass Mark: 50%, or 15/30 Marks  

• Duration: 40 Minutes   

• Open Book/ Closed Book: Closed Book