LICQual ISO 27005 Information Security Risk Management Internal Auditor

LICQual ISO 27005 Information Security Risk Management Internal Auditor

Information Security Risk Management

Step confidently into professional auditing with the LICQual ISO 27005 Information Security Risk Management Internal Auditor course, designed to equip learners with the skills to conduct risk-focused audits in information security. As cyber threats evolve, learners gain the expertise to evaluate and enhance the effectiveness of risk management processes within the ISO/IEC 27005 framework, ensuring the integrity, confidentiality, and availability of information assets.

Learners explore how ISO/IEC 27005 aligns with ISO/IEC 27001, covering risk identification, assessment, treatment, and monitoring. Through practical exercises, learners develop skills in preparing audit programs, gathering evidence, conducting interviews, and reporting findings. They also learn to identify nonconformities, recommend improvements, and support continual enhancement of risk management systems.

By completing this course, learners are prepared to audit risk registers, assess treatment plans, and evaluate communication strategies, ensuring robust and compliant information security practices. Learners gain a globally recognized credential and the expertise to strengthen organizational risk governance and resilience.

Course Overview

Qualification Title

LICQual ISO 27005 Information Security Risk Management Internal Auditor

Total Units

6

Total Credits

40

GLH

120

Qualification #

LICQ2200432

Qualification Specification

Download Qualification Specification

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

  • Age Requirement: Applicants must be at least 18 years old.
  • Educational Requirements: Candidates should possess at least a high school diploma or equivalent qualification.
  • Experience: No formal auditing experience is required; however, basic familiarity with risk management or information security is advantageous.
  • English Language Proficiency: Applicants must be able to read, write, speak, and understand technical English.

Qualification#

Unit Title

Credits

GLH

LICQ2200432-1

Introduction to ISO/IEC 27005 and Risk Management Principles

8

24

LICQ2200432-2

 Structure and Requirements of an Information Security Risk Management Framework

8

24

LICQ2200432-3

Planning and Conducting Internal Audits of Risk Management Processes

6

18

LICQ2200432-4

Risk Identification, Analysis, and Evaluation in an Audit Context

6

18

LICQ2200432-5

Risk Treatment, Communication, and Documentation Review

6

18

LICQ2200432-6

Reporting, Nonconformity Management, and Continual Improvement

6

18

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

1. Introduction to ISO/IEC 27005 and Risk Management Principles

  • Describe the purpose, structure, and scope of ISO/IEC 27005.
  • Explain key risk management concepts such as assets, threats, vulnerabilities, and risk.
  • Recognize how ISO 27005 supports the implementation and improvement of an ISO/IEC 27001-based ISMS.

2. Structure and Requirements of an Information Security Risk Management Framework

  • Identify and explain the components of an effective risk management framework.
  • Evaluate the relevance of organizational context, risk criteria, and stakeholder requirements.
  • Understand how risk management integrates with broader ISMS operations and compliance structures.

3. Planning and Conducting Internal Audits of Risk Management Processes

  • Demonstrate how to develop a risk-based audit program aligned with ISO 27005 processes.
  • Prepare effective internal audit checklists, scopes, and objectives.
  • Conduct internal audits following recognized auditing principles and best practices.

4. Risk Identification, Analysis, and Evaluation in an Audit Context

  • Assess an organization’s methods for identifying and documenting information security risks.
  • Evaluate the effectiveness of qualitative and quantitative risk assessment approaches.
  • Judge the accuracy of risk prioritization based on likelihood, impact, and risk acceptance criteria.

5. Risk Treatment, Communication, and Documentation Review

  • Review and audit the application of appropriate risk treatment options and mitigation controls.
  • Verify that treatment plans align with organizational objectives and ISO/IEC 27001 Annex A controls.
  • Evaluate how risks and treatment decisions are communicated and documented.

6. Reporting, Nonconformity Management, and Continual Improvement

  • Prepare and deliver clear audit reports detailing findings, nonconformities, and improvement areas.
  • Monitor corrective actions for effectiveness and ensure timely closure of audit issues.
  • Support continual improvement of the ISMS through ongoing audit planning and feedback mechanisms.

This diploma is ideal for:

  • Designed for professionals responsible for managing or auditing information security risks within an organization
  • Suitable for internal auditors seeking to specialize in ISO 27005 and information security risk management
  • Ideal for IT managers, security officers, and compliance personnel aiming to enhance their knowledge of risk assessment and treatment based on ISO standards
  • Beneficial for individuals involved in the implementation or maintenance of an Information Security Management System (ISMS)
  • Appropriate for consultants providing advisory services in information security and risk management
  • Useful for members of risk management teams and those preparing for audits under ISO/IEC 27001 and 27005 frameworks
  • Valuable for professionals aiming to align their practices with international standards and best practices in cybersecurity and risk governance
  • Suitable for those looking to validate their expertise with a recognized certification to advance in the field of information security 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.