100+ Free ISO 27005 RM Practice Questions

Pass your PECB ISO/IEC 27005 Risk Manager exam on the first try — instant access, no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately

100+ Questions

100% Free

1 / 100

Question 1

Score: 0/0

Which ISO standard provides specific guidance on managing information security risks?

ISO/IEC 27001

ISO/IEC 27005

ISO 31000

ISO/IEC 27002

to track

2026 Statistics

Key Facts: ISO 27005 RM Exam

70%

Passing Score

PECB

Exam Questions

2-hour open book

40-60 hrs

Study Time

Recommended

~$500

Exam Fee

PECB

3 years

Certification Valid

PECB

ISO 27005:2022

Current Standard

ISO third edition

ISO/IEC 27005 Risk Manager (PECB) is a globally recognized certification covering information security risk management aligned with ISO/IEC 27005:2022 and ISO 31000:2018. The open-book exam has 60 multiple-choice questions in 2 hours and requires 70% to pass. Topics include the full risk process, the new event-based vs asset-based identification approaches, the four treatment options (modify, share, avoid, retain), and integration with ISO 27001 Annex A. Bundled cost is typically ~$500-2,000 depending on training format.

Sample ISO 27005 RM Practice Questions

Try these sample questions to test your ISO 27005 RM exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Which ISO standard provides specific guidance on managing information security risks?

A.ISO/IEC 27001

B.ISO/IEC 27005

C.ISO 31000

D.ISO/IEC 27002

Explanation: ISO/IEC 27005 provides specific guidance on managing information security risks and supports the general concepts in ISO/IEC 27001. ISO 27001 specifies ISMS requirements, ISO 31000 gives general (non-IS-specific) risk management guidelines, and ISO 27002 lists information security controls. ISO 27005 operationalizes ISO 27001 Clause 6.1.

2According to ISO 31000:2018, what is the primary purpose of risk management?

A.Eliminating all risks from the organization

B.Creating and protecting value

C.Maximizing insurance coverage

D.Ensuring regulatory compliance only

Explanation: ISO 31000:2018 explicitly states that the purpose of risk management is the creation and protection of value. This represents an evolution from earlier versions and emphasizes that risk management is integrated with achieving objectives, not just preventing losses. Eliminating risk is rarely possible or cost-effective.

3In ISO/IEC 27005, what is the definition of risk?

A.A loss event that has already occurred

B.The effect of uncertainty on objectives

C.A vulnerability in a system

D.A threat actor's capability

Explanation: ISO/IEC 27005 (aligned with ISO Guide 73 and ISO 31000) defines risk as 'the effect of uncertainty on objectives'. This is a positive-or-negative definition: risk can produce both opportunities and threats. The other options confuse risk with related but distinct concepts (incident, vulnerability, threat).

4Which clause of ISO/IEC 27001 explicitly requires the organization to perform information security risk assessment and treatment?

A.Clause 4 (Context)

B.Clause 6.1 (Actions to address risks and opportunities)

C.Clause 9 (Performance evaluation)

D.Clause 10 (Improvement)

Explanation: Clause 6.1 of ISO/IEC 27001 mandates that the organization plan actions to address risks and opportunities, including a documented risk assessment process and risk treatment process. ISO 27005 provides the methodology to satisfy these clauses. Clauses 4, 9, and 10 cover context, monitoring, and improvement respectively.

5What is a vulnerability in the context of information security risk management?

A.A threat actor's intent

B.A weakness of an asset or control that can be exploited by one or more threats

C.An incident that has caused damage

D.The likelihood of a threat materializing

Explanation: A vulnerability is a weakness in an asset or control that can be exploited by one or more threats, leading to a potential impact. Vulnerabilities by themselves do not cause harm; they require a threat to exploit them. ISO/IEC 27005 treats vulnerabilities as one of three core inputs to risk identification (with threats and assets).

6Which of the following are the three core information security objectives that risks may impact?

A.Confidentiality, Integrity, and Availability

B.Privacy, Performance, and Profit

C.Authentication, Authorization, and Accounting

D.Speed, Stability, and Security

Explanation: The CIA triad — Confidentiality, Integrity, and Availability — represents the three fundamental information security objectives. ISO/IEC 27005 risk assessment evaluates how potential events could compromise one or more of these properties. The other options confuse general security concepts with the foundational triad.

7What is a threat in ISO/IEC 27005 terminology?

A.A weakness in an asset

B.A potential cause of an unwanted incident that may result in harm to a system or organization

C.A control that has failed

D.The cost of a security incident

Explanation: ISO/IEC 27005 defines a threat as a potential cause of an unwanted incident that may result in harm to a system or organization. Threats can be deliberate (malicious actors), accidental (human error), or environmental (natural disasters). Threats exploit vulnerabilities in assets to cause incidents.

8Which document accompanies ISO/IEC 27001 and lists the controls that the organization has selected as applicable?

A.Risk Treatment Plan

B.Statement of Applicability (SoA)

C.Risk Register

D.ISMS Scope Document

Explanation: The Statement of Applicability (SoA) is required by ISO/IEC 27001 and documents which controls (typically from Annex A) are applicable, the justification for inclusion or exclusion, and their implementation status. The Risk Treatment Plan describes how risks will be treated. The Risk Register lists identified risks. SoA is a required output of the risk treatment process.

9How many principles does ISO 31000:2018 establish for risk management?

A.5

B.7

C.8

D.10

Explanation: ISO 31000:2018 establishes 8 principles of risk management: Integrated, Structured and comprehensive, Customized, Inclusive, Dynamic, Best available information, Human and cultural factors, and Continual improvement. These principles guide both the framework and the process and are foundational for ISO 27005 application.

10What is residual risk?

A.Risk that has been completely eliminated

B.Risk that remains after risk treatment has been applied

C.Risk transferred to a third party

D.Risk that affects only legacy systems

Explanation: Residual risk is the level of risk remaining after risk treatment controls have been implemented. Total elimination of risk is rarely achievable, so residual risk must be evaluated against acceptance criteria and formally accepted by risk owners. ISO/IEC 27005 requires that residual risks be communicated to and accepted by the responsible risk owner.

About the ISO 27005 RM Exam

The PECB ISO/IEC 27005 Risk Manager certification validates your ability to manage information security risks based on ISO/IEC 27005:2022 and ISO 31000:2018. The exam covers the full risk management process — context establishment, risk identification (event-based and asset-based approaches new in 27005:2022), risk analysis, risk evaluation, risk treatment, communication, and monitoring. It is recognized globally for ISO 27001 ISMS implementations.

Questions

60 scored questions

Time Limit

2 hours

Passing Score

70%

Exam Fee

~$500 (PECB)

ISO 27005 RM Exam Content Outline

20%

Fundamental Principles and Concepts

Risk terminology, ISO 31000 principles, ISO 27005 scope, and ISO 27001 Clause 6.1 linkage

25%

Risk Management Program Implementation

Program establishment, governance, roles, risk criteria, and ISMS integration

40%

Framework and Processes (ISO 27005)

Context, identification (event-based and asset-based), analysis, evaluation, treatment, communication, monitoring

15%

Other Risk Assessment Methods

OCTAVE, EBIOS, MEHARI, NIST SP 800-30, FAIR, and quantitative methods (ALE/SLE/ARO)

How to Pass the ISO 27005 RM Exam

What You Need to Know

Passing score: 70%
Exam length: 60 questions
Time limit: 2 hours
Exam fee: ~$500

Keys to Passing

Complete 500+ practice questions
Score 80%+ consistently before scheduling
Focus on highest-weighted sections
Use our AI tutor for tough concepts

ISO 27005 RM Study Tips from Top Performers

1Read ISO/IEC 27005:2022 and ISO 31000:2018 cover-to-cover — the exam tests precise standard terminology

2Memorize the four risk treatment options and the 27005:2022 terms (modify, share, avoid, retain) vs older terms (reduce, transfer, avoid, accept)

3Master the difference between event-based (strategic, top-down) and asset-based (operational, bottom-up) risk identification approaches

4Understand how ISO 27005 maps to ISO 27001 Clause 6.1 and how the SoA and risk treatment plan are produced

5Know quantitative formulas at the concept level: SLE = Asset Value x Exposure Factor, ALE = SLE x ARO

6Use the open-book format wisely — tab the standard text for each clause so you can quickly look up exact wording

7Practice scenario-based questions where you must choose the right process step, criteria, or treatment option for a given situation

Frequently Asked Questions

What is the ISO 27005 Risk Manager exam format?

The PECB ISO/IEC 27005 Risk Manager exam consists of 60 multiple-choice questions delivered open-book over a 2-hour time limit. A 70% score is required to pass. The exam is offered online through the PECB app or at PECB exam centers and covers four competency domains aligned with ISO/IEC 27005:2022 and ISO 31000:2018.

What is the difference between Risk Manager and Lead Risk Manager?

The Risk Manager credential confirms the candidate can participate in and contribute to information security risk management activities. The Lead Risk Manager credential confirms the ability to lead and manage a full risk management program, including aligning it with ISO 27001 ISMS implementations. Lead Risk Manager has a longer exam (3 hours), broader scope, and higher experience requirements.

What changed in ISO/IEC 27005:2022 vs the 2018 version?

The 2022 third edition introduces two risk identification approaches: an event-based approach (top-down strategic scenarios analyzing risk sources and ecosystems) and an asset-based approach (bottom-up identification of assets, threats, and vulnerabilities). The standard also better aligns with ISO 31000:2018 terminology, integrates more tightly with ISO 27001:2022 Clause 6.1, and reframes risk acceptance as a decision point rather than a separate process stage.

Do I need ISO 27005 Foundation before taking Risk Manager?

No, ISO 27005 Foundation is not a prerequisite. Anyone can sit the Risk Manager exam. However, the credential issuance (full certified status) requires 2 years of professional experience including 1 year in information security risk management, plus 200 hours of documented risk management activities. You can pass the exam first and apply for credential later.

How does ISO 27005 relate to ISO 27001?

ISO 27005 provides guidance on managing information security risks; it is the operational companion to ISO 27001's Clause 6.1 (Actions to address risks and opportunities). ISO 27001 mandates that organizations perform risk assessment and treatment, but ISO 27005 explains how to do it. The Statement of Applicability (SoA) and risk treatment plan required by ISO 27001 are typically produced using ISO 27005 methodology.

Is the ISO 27005 Risk Manager certification worth it in 2026?

Yes — with ISO 27001:2022 driving renewed ISMS adoption globally and regulators (NIS2 in EU, SEC cyber rules in US) demanding documented risk programs, ISO 27005 expertise is in high demand. The credential is internationally recognized, vendor-neutral, and pairs well with ISO 27001 Lead Implementer or Lead Auditor for risk and compliance careers in information security.