Conducting an ISO 27001 Risk Assessment

A robust risk assessment is at the heart of ISO 27001.
It informs how your ISMS is structured, which controls you implement, and how you prioritize improvements.

Begin by defining a risk assessment methodology that is appropriate for your organization.
This typically includes risk identification, analysis, evaluation, and treatment.

Identify assets, threats, vulnerabilities, and potential impacts.
Assess the likelihood and impact of risks to prioritize your mitigation efforts.

Once risks are evaluated, document a risk treatment plan.
This plan should map specific controls—many from ISO 27001 Annex A—to the risks they address.

The Statement of Applicability (SoA) will then provide a formal record of which controls are implemented and why.