--- title: "ISO/IEC 27005 vs FAIR Comparison" canonical_url: "https://www.sorena.io/artifacts/global/iso-27005/iso-27005-vs-fair" source_url: "https://www.sorena.io/artifacts/global/iso-27005/iso-27005-vs-fair" author: "Sorena AI" description: "ISO/IEC 27005 vs FAIR for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance." published_at: "2026-05-09" updated_at: "2026-05-09" keywords: - "ISO/IEC 27005 vs FAIR" - "ISO/IEC 27005" - "ISO/IEC 27005 Information Security Risk Management" - "ISO/IEC 27005 vs FAIR checklist" - "ISO/IEC 27005 vs FAIR evidence" - "ISO/IEC 27005 vs FAIR implementation" - "global compliance" --- **[SORENA](https://www.sorena.io/)** - AI-Powered GRC Platform [Home](https://www.sorena.io/) | [Solutions](https://www.sorena.io/solutions) | [Artifacts](https://www.sorena.io/artifacts) | [About Us](https://www.sorena.io/about-us) | [Contact](https://www.sorena.io/contact) | [Portal](https://app.sorena.io) --- # ISO/IEC 27005 vs FAIR Comparison ISO/IEC 27005 vs FAIR for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. *Side-by-side* *Global* *ISO/IEC 27005* ## ISO/IEC 27005 ISO/IEC 27005 vs FAIR This comparison page helps choose the right risk-management approach by scope, evidence, approval, and review requirements. Applied to this decision area, this page focuses on scope, ownership, evidence, review triggers, and escalation criteria supported by source-linked risk-management guidance. The comparison explains which method applies to your risk context, what evidence is needed, and how to apply review gates for ISO/IEC 27005. ## ISO/IEC 27005 vs FAIR: scope, duties, evidence, and decision rule This comparison identifies when ISO/IEC 27005 is the right operating model, when FAIR controls the analysis, and how to reuse evidence without mixing sources. - **ISO/IEC 27005**: ISO/IEC 27005 is the primary scoping column: use it to confirm covered facts, accountable owners, mandatory artifacts, timing, and enforcement exposure before assigning implementation work. - **FAIR**: FAIR is the second workstream in this comparison. Use it to test where the comparator has different scope, owners, triggers, evidence, timing, enforcement, and reuse limits from ISO/IEC 27005. | Dimension | ISO/IEC 27005 | FAIR | Operational implication | Sources | | --- | --- | --- | --- | --- | | Scope and covered activity | ISO/IEC 27005 is guidance for information security risk management that supports ISO/IEC 27001 and risk-based control decisions. | FAIR is a quantitative information-risk analysis model used to estimate and communicate loss exposure. | Write the scope memo so teams can see when ISO/IEC 27005 is the implementation structure, when FAIR controls the obligation or assurance question, and where evidence can be reused without changing the source test. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Who must act | ISO/IEC 27005 ownership should sit with the team that can operate the relevant management system, control process, risk method, supplier relationship, incident process, privacy process, or AI governance scope. | FAIR ownership should follow that source's role model, such as regulator-facing accountable body, service organization, framework owner, provider, customer, processor, deployer, supplier, or risk owner. | Do not copy owners from one side to the other; map accountable owners, reviewers, and approvers separately. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Trigger or threshold | ISO/IEC 27005 work is triggered by scope definition, implementation, certification readiness, customer assurance, control gaps, incidents, supplier changes, or management review. | FAIR work is triggered by its own legal, assurance, framework, contract, customer, or risk-management event. | Use the trigger to decide whether the question belongs in an ISO/IEC 27005 risk-management record, a FAIR analysis, or both. Route implementation and management-system questions to ISO/IEC 27005, and route loss-exposure analysis to FAIR. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Core obligations | ISO/IEC 27005 is guidance for managing information security risks. It helps teams define scope, roles, evidence, operating cadence, monitoring, review, and improvement. | FAIR is a quantitative information-risk analysis model. It helps teams estimate and communicate loss exposure, rather than defining a management-system process. | Translate both sides into a single task register only after labeling which requirement or guidance source each task satisfies. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Evidence and records | ISO/IEC 27005 evidence should show the process operating: owners, decisions, registers, control records, test results, review minutes, audit samples, or corrective actions. | FAIR evidence should match its own proof model, such as regulatory records, attestation evidence, framework profiles, risk analysis, or contractual assurance. | Build an evidence matrix with one row per claim and columns for source, owner, artifact, date, review trigger, and reuse permission. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Timing and cadence | ISO/IEC 27005 timing follows implementation, audit, certification, review, supplier, incident, or change cycles rather than a single universal deadline. | FAIR timing follows the legal effective date, assurance period, framework version, contract milestone, or publication lifecycle that applies to that side. | Track dates separately so an ISO review cycle does not get mistaken for a statutory deadline or assurance reporting period. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Enforcement or assurance route | ISO/IEC 27005 is guidance and is not directly certifiable; it is usually tested indirectly through ISO/IEC 27001 certification audits, internal audits, customer assurance, management review, or governance review when the organization adopts it as supporting risk-management guidance. | FAIR may be enforced, audited, attested, assessed, or used voluntarily depending on whether it is law, assurance criteria, a framework, or guidance. | Separate audit readiness from legal compliance and from voluntary framework maturity so executives see the actual consequence of gaps. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Overlap and reuse | ISO/IEC 27005 can supply reusable management-system evidence, control operation records, risk decisions, and review outputs. | FAIR can reuse some of that evidence when the control, process, risk, or duty is genuinely the same. | Reuse evidence only after checking scope, actor, date, data type, service, supplier, and acceptance criteria; otherwise keep separate records. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | | Practical decision rule | Use ISO/IEC 27005 when the main work is building, operating, reviewing, or proving a management-system or standards-based control process. | Use FAIR when the main work is satisfying that side's law, assurance route, framework outcome, risk method, or external reporting expectation. | If both apply, keep the primary obligation visible and use the other side as supporting structure, not as a substitute source. | [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance.
[FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. | Sources for Scope and covered activity - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Scope and covered activity - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Scope and covered activity - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Who must act - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Who must act - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Who must act - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Trigger or threshold - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Trigger or threshold - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Trigger or threshold - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Core obligations - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Core obligations - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Core obligations - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Evidence and records - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Evidence and records - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Evidence and records - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Timing and cadence - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Timing and cadence - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Timing and cadence - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Enforcement or assurance route - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Enforcement or assurance route - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Enforcement or assurance route - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Overlap and reuse - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Overlap and reuse - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Overlap and reuse - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Practical decision rule - ISO/IEC 27005: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" Sources for Practical decision rule - FAIR: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" Sources for Practical decision rule - operational implication: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" ### How should teams decide between ISO/IEC 27005 and FAIR for compliance planning? - Start with the trigger: certification, risk review, cloud/customer assurance, incident, supplier, privacy, AI governance, law, or framework mapping. - Identify the binding or chosen source for each claim before assigning controls or collecting evidence. - Reuse evidence only where the same owner, scope, time period, system, supplier, data type, and acceptance criteria apply. Sources for the practical decision rule: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" ## What decision should teams make about ISO/IEC 27005 vs FAIR under ISO/IEC 27005 Information Security Risk Management? For this risk-management use case, separate the decision model from the outcome. Capture scope, assumptions, owner, controls, and residual position before escalation or treatment. The first decision is whether ISO/IEC 27005 vs FAIR changes scope, risk, control selection, evidence, certification readiness, customer commitments, or regulatory mapping. If it does, treat it as an accountable management-system decision rather than a side note. ISO/IEC 27005 is useful when it turns broad intent into repeatable work: make information security risk decisions consistent, explainable, comparable, and usable by risk owners and control owners. The page should end with ownership, evidence, and review cadence, not only a definition. - Define the scope for ISO/IEC 27005 vs FAIR before assigning controls or requesting evidence. - Tie each claim to a decision record, an owner, and current evidence rather than a policy label alone. - Review the record whenever assets, threats, suppliers, business processes, controls, or risk appetite change and at planned risk review intervals. Sources for this answer: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - [ISO/IEC 27001:2022 standard page](https://www.iso.org/standard/27001?ref=sorena.io) - Primary ISO listing for the current ISO/IEC 27001 ISMS requirements standard. ## Which records should prove ISO/IEC 27005 vs FAIR is implemented correctly? Evidence should be collected where the work actually happens. For ISO/IEC 27005, that usually means risk criteria, scenario library, asset and threat assumptions, likelihood and impact rationale, inherent and residual ratings, treatment decisions, approvals, review dates, and control links. A strong evidence set tells a visitor, auditor, customer, or decision owner what was decided, why it was reasonable, who approved it, and when it must be reviewed again. - Artifact-specific evidence: risk criteria, scenarios, likelihood and impact rationale, treatment decisions, residual-risk approvals, and review records. - Decision record: scope, assumption, risk or obligation, owner, approval, and date. - Operation record: ticket, log, review, test, contract clause, register entry, or control sample showing the process ran. - Review record: result, exception, corrective action, next owner, and next review date. Sources for this answer: - [ISO/IEC 27001:2022 standard page](https://www.iso.org/standard/27001?ref=sorena.io) - Primary ISO listing for the current ISO/IEC 27001 ISMS requirements standard. - [NIST SP 800-30 Rev. 1](https://nvlpubs.nist.gov/nistpubs/Legacy/SP/nistspecialpublication800-30r1.pdf?ref=sorena.io) - NIST risk-assessment guidance used for comparison with ISO/IEC 27005. ## How should teams turn ISO/IEC 27005 vs FAIR into a repeatable workflow? Build the workflow around a small number of durable checkpoints: intake, classification, owner assignment, evidence request, decision, review, and escalation. This keeps the work usable across audits, customer assurance, and operational reviews. Avoid overfitting the workflow to one audit cycle. The same record should help during normal operations, change review, incident response, supplier review, or management review depending on the topic. - Intake: describe the system, service, supplier, control, incident, AI system, or process affected. - Classification: decide whether this is scope, risk, treatment, evidence, contract, incident, privacy, continuity, or AI governance work. - Escalation: route exceptions to the person or forum that can accept risk or fund remediation. Sources for this answer: - [NIST SP 800-30 Rev. 1](https://nvlpubs.nist.gov/nistpubs/Legacy/SP/nistspecialpublication800-30r1.pdf?ref=sorena.io) - NIST risk-assessment guidance used for comparison with ISO/IEC 27005. - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. *Recommended next step* *Placement: after implementation guidance* ## Operationalize ISO/IEC 27005 vs FAIR Define owner, evidence requirements, evidence requests, and the next review date before approval. - [Open Assessment Autopilot for ISO/IEC 27005](/solutions/assessment.md): Convert ISO/IEC 27005 vs FAIR into accountable tasks, evidence requests, and review checkpoints. - [Talk through ISO/IEC 27005 vs FAIR implementation](/contact.md): Review your current scope, evidence gaps, and next implementation steps. ## What mistakes make ISO/IEC 27005 vs FAIR weak or hard to audit? When implementation documentation is not tied to a real owner, system, supplier, recovery target, control sample, risk decision, and operations context, it can appear complete but leaves no defensible evidence when reviewed. Another failure is mixing standards and regulations without stating which source creates the requirement. Use ISO standards to structure management-system practice, and use legal sources separately when a binding obligation applies. - Do not cite a standard title as evidence that a process is operating. - Do not reuse an old audit artifact after the scope, service, supplier, or risk has changed. - Do not hide exceptions; record them as risk acceptance, corrective action, or management-review inputs. Sources for this answer: - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. ## How should teams review and improve ISO/IEC 27005 vs FAIR over time? Review should happen when assets, threats, suppliers, business processes, controls, or risk appetite change and at planned risk review intervals. If the review changes the decision, update the register, workflow, control evidence, or contract record that downstream teams rely on. Improvement is strongest when the same evidence supports multiple needs: certification audits, customer assurance, regulatory mapping, supplier governance, incident reviews, and management review. - Set a review date and a change-trigger rule. - Track findings until closure and connect them to corrective actions or risk acceptance. - Use management review to decide resourcing, risk appetite, scope changes, and evidence quality. Sources for this answer: - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - [ISO/IEC 27001:2022 standard page](https://www.iso.org/standard/27001?ref=sorena.io) - Primary ISO listing for the current ISO/IEC 27001 ISMS requirements standard. ## Primary sources - [ISO/IEC 27005:2022 standard page](https://www.iso.org/standard/80585.html?ref=sorena.io) - Primary ISO listing for current ISO/IEC 27005 risk-management guidance. - Quote: "Guidance on managing information security risks" - [ISO/IEC 27001:2022 standard page](https://www.iso.org/standard/27001?ref=sorena.io) - Primary ISO listing for the current ISO/IEC 27001 ISMS requirements standard. - Quote: "Information security management systems - Requirements" - [NIST SP 800-30 Rev. 1](https://nvlpubs.nist.gov/nistpubs/Legacy/SP/nistspecialpublication800-30r1.pdf?ref=sorena.io) - NIST risk-assessment guidance used for comparison with ISO/IEC 27005. - Quote: "Guide for Conducting Risk Assessments" - [FAIR Institute - What is FAIR?](https://www.fairinstitute.org/what-is-FAIR?ref=sorena.io) - FAIR source for quantitative risk analysis comparison. - Quote: "Factor Analysis of Information Risk" ## Related Topic Guides - [ISO/IEC 27005 Asset And Scenario Modeling FAQ](/artifacts/global/iso-27005/faq/asset-and-scenario-modeling.md): How should teams model assets and scenarios under ISO/IEC 27005 risk assessments? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Compliance Guide](/artifacts/global/iso-27005/compliance.md): ISO/IEC 27005 Compliance for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Impact FAQ](/artifacts/global/iso-27005/faq/impact.md): How should teams handle Impact under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Inherent vs Residual Risk FAQ](/artifacts/global/iso-27005/faq/inherent-vs-residual-risk.md): How should teams distinguish inherent risk from residual risk under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Likelihood FAQ](/artifacts/global/iso-27005/faq/likelihood.md): How should teams handle Likelihood under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Qualitative vs Quantitative Method Comparison](/artifacts/global/iso-27005/qualitative-vs-quantitative-method.md): Qualitative vs Quantitative Method for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Residual Risk Approval Guide](/artifacts/global/iso-27005/residual-risk-approval.md): ISO/IEC 27005 Residual Risk Approval for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Residual Risk Approval Workflow](/artifacts/global/iso-27005/residual-risk-approval-workflow.md): ISO/IEC 27005 Residual Risk Approval Workflow for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Review Cadence FAQ](/artifacts/global/iso-27005/faq/review-cadence.md): How should teams handle Review Cadence under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Risk Acceptance FAQ](/artifacts/global/iso-27005/faq/risk-acceptance.md): How should teams handle Risk Acceptance under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Risk Assessment Template and Workflow](/artifacts/global/iso-27005/risk-assessment-template.md): ISO/IEC 27005 Risk Assessment Template for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Risk Criteria Guide](/artifacts/global/iso-27005/risk-criteria.md): ISO/IEC 27005 Risk Criteria for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Risk Criteria Setup Workflow](/artifacts/global/iso-27005/risk-criteria-setup-workflow.md): ISO/IEC 27005 Risk Criteria Setup Workflow for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Risk Management FAQ](/artifacts/global/iso-27005/faq.md): ISO/IEC 27005 FAQ for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Risk Owners FAQ](/artifacts/global/iso-27005/faq/risk-owners.md): How should teams handle Risk Owners under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 Risk Register Workflow](/artifacts/global/iso-27005/risk-register-workflow.md): ISO/IEC 27005 Risk Register Workflow for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Risk Treatment Plan Template](/artifacts/global/iso-27005/risk-treatment-plan-template.md): ISO/IEC 27005 Risk Treatment Plan Template for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Scenario Library Guide](/artifacts/global/iso-27005/scenario-library.md): ISO/IEC 27005 Scenario Library for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 Treatment Options FAQ](/artifacts/global/iso-27005/faq/treatment-options.md): How should teams handle Treatment Options under ISO/IEC 27005? Practical answer with owners, evidence, review triggers, and external source references. - [ISO/IEC 27005 vs ISO 31000 Comparison](/artifacts/global/iso-27005/iso-27005-vs-iso-31000.md): ISO/IEC 27005 vs ISO 31000 for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. - [ISO/IEC 27005 vs NIST SP 800-30 Comparison](/artifacts/global/iso-27005/iso-27005-vs-nist-800-30.md): ISO/IEC 27005 vs NIST SP 800-30 for ISO/IEC 27005 Information Security Risk Management: practical decisions, evidence, owners, review cadence, and source-linked implementation guidance. --- [Privacy Policy](https://www.sorena.io/privacy) | [Terms of Use](https://www.sorena.io/terms-of-use) | [DMCA](https://www.sorena.io/dmca) | [About Us](https://www.sorena.io/about-us) (c) 2026 Sorena AB (559573-7338). All rights reserved. Source: https://www.sorena.io/artifacts/global/iso-27005/iso-27005-vs-fair