LICQual ISO 27005 Information Security Risk Management Lead Auditor

LICQual ISO 27005 Information Security Risk Management Lead Auditor

Information Security Risk Management

In today’s digital era, where cyber threats are escalating, learners with expertise in information security risk management are essential to organizational resilience. The LICQual ISO 27005 Information Security Risk Management Lead Auditor course equips learners with the advanced knowledge and skills to audit and evaluate risk management practices in alignment with ISO 27005. This globally recognized standard provides a structured framework for identifying, assessing, and mitigating risks that could impact the confidentiality, integrity, and availability of critical information assets.

This course enables learners to assume the role of a lead auditor for ISO 27005-based risk management systems. Learners gain a thorough understanding of core risk management principles, the integration of ISO 27005 with ISO/IEC 27001, and effective audit methodologies. They develop practical skills to assess risk treatment plans, verify controls, and ensure organizational objectives for information security management systems (ISMS) are met.

Through case studies, scenario-based exercises, and guided audit simulations, learners acquire hands-on experience in planning audit scopes, collecting evidence, and delivering actionable reports. They also develop the ability to identify systemic weaknesses, recommend improvements, and align audits with regulatory requirements.

By completing the LICQual ISO 27005 Lead Auditor course, learners earn a prestigious credential that validates their expertise, enhances career prospects, and prepares them to lead audit teams, strengthen security governance, and drive continuous improvement in information security risk management.

Course Overview

Qualification Title

LICQual ISO 27005 Information Security Risk Management Lead Auditor

Total Units

6

Total Credits

40

GLH

120

Qualification #

LICQ2200430

Qualification Specification

Download Qualification Specification

To enroll in the LICQual ISO 27005 Information Security Risk Management Lead Auditor ,applicants must meet the following criteria:

  • Age Requirement: Applicants must be at least 18 years old.
  • Educational Requirements: Applicants should hold at least a high school diploma or equivalent qualification.
  • Experience: Applicants should have a minimum of two years of professional experience in information security, IT risk management, auditing, or compliance.
  • English Language Proficiency: Applicants must possess a good command of the English language.

Qualification#

Unit Title

Credits

GLH

LICQ2200430-1

Foundations of ISO 27005 and Information Security Risk Management

8

24

LICQ2200430-2

Risk Assessment Methodologies and Frameworks

8

24

LICQ2200430-3

Risk Treatment and Control Evaluation

6

18

LICQ2200430-4

Lead Audit Principles and Risk-Based Auditing Techniques

6

18

LICQ2200430-5

Reporting, Follow-up, and Audit Communication

6

18

LICQ2200430-6

Integration, Certification Preparation, and Continuous Improvement

6

18

By the end of this course, learners will be able to:

Study Unit 1: Foundations of ISO 27005 and Information Security Risk Management

  • Explain the purpose, scope, and structure of ISO/IEC 27005 and its relationship to ISO/IEC 27001.
  • Define key risk-management terminology, principles, and concepts in information security governance.
  • Illustrate how risk management supports organizational objectives and an effective ISMS.

Study Unit 2: Risk Assessment Methodologies and Frameworks

  • Apply both qualitative and quantitative techniques to identify, analyze, and evaluate information security risks.
  • Establish risk criteria and perform asset valuation to prioritize risk assessment activities.
  • Select appropriate risk assessment tools and document risk scenarios according to ISO 27005 guidelines.

Study Unit 3: Risk Treatment and Control Evaluation

  • Determine and justify suitable risk treatment options (avoid, transfer, mitigate, accept) based on risk analysis results.
  • Evaluate the effectiveness of implemented controls, referencing ISO/IEC 27001 Annex A where applicable.
  • Develop and maintain a risk treatment plan that aligns with organizational risk appetite and compliance requirements.

Study Unit 4: Lead Audit Principles and Risk-Based Auditing Techniques

  • Plan and prepare ISO 27005–based audit engagements, including scope definition and resource allocation.
  • Conduct risk-based audit activities—interviews, observations, and document reviews—tailored to information security contexts.
  • Apply professional auditing techniques and ethical considerations to ensure auditor independence and objectivity.

Study Unit 5: Reporting, Follow-up, and Audit Communication

  • Compile clear, concise, and actionable audit findings into structured reports for management and stakeholders.
  • Communicate audit results effectively, using evidence-based recommendations to drive remediation.
  • Manage nonconformities through corrective action plans and verify the implementation and effectiveness of those actions.

Study Unit 6: Integration, Certification Preparation, and Continuous Improvement

  • Integrate ISO 27005 risk management processes with ISO/IEC 27001 and other relevant management systems.
  • Guide organizations through certification readiness activities, including pre‑audit assessments and gap analysis.
  • Promote continual improvement in information security risk governance by recommending best practices and lessons learned.

This diploma is ideal for:

  • Information security professionals seeking to specialize in risk management and auditing.
  • ISO/IEC 27001 lead implementers aiming to enhance their risk-centric auditing expertise.
  • IT auditors and internal audit team members responsible for evaluating security controls.
  • Risk managers and compliance officers tasked with overseeing information security frameworks.
  • Cybersecurity consultants advising clients on risk assessment and mitigation strategies.
  • Data protection officers ensuring organizational adherence to data privacy regulations.
  • Security managers and officers wanting to validate their competence with an internationally recognized credential.
  • Governance, Risk, and Compliance (GRC) practitioners focused on aligning risk processes with ISO standards.
  • Chief Information Security Officers (CISOs) and security executives driving a risk-aware culture.
  • Project managers leading security implementations who require audit and certification readiness skills.
  • Quality assurance professionals integrating risk management into overall business continuity plans.
  • IT service managers responsible for maintaining the confidentiality, integrity, and availability of systems.
  • Consultants and trainers preparing organizations for ISO/IEC 27005 certification audits.
  • Legal and regulatory advisors working on cybersecurity legislation and compliance frameworks.
  • Professionals transitioning from general auditing roles to specialized information security risk auditing.

Assessment and Verification

All units within this qualification are subject to internal assessment by the approved centre and external verification by LICQual. The qualification follows a criterion-referenced assessment approach, ensuring that applicants meet all specified learning outcomes.

To achieve a ‘Pass’ in any unit, applicants must provide valid, sufficient, and authentic evidence demonstrating their attainment of all learning outcomes and compliance with the prescribed assessment criteria. The Assessor is responsible for evaluating the evidence and determining whether the applicants has successfully met the required standards.

Assessors must maintain a clear and comprehensive audit trail, documenting the basis for their assessment decisions to ensure transparency, consistency, and compliance with quality assurance requirements.