What is ISO 31000 certification: Risk Management Element of an ISMS
The ISO 31000 serves guidelines on how to manage risk management in organizations. It does not only cover information security risk but other types like market, currency, credit, operational etc., as well. The ISO 31000 is responsible to explore basic principles of risk management as well as provide a general framework including a PDCA cycle. Any kind of organization can apply to become ISO 31000 certificate holder. Though it does not provide a specific methodology in respect of information security risk management, but still it is high in demand. This standard belongs to the family of standards related to risk management codified by the International Organization for standardization. The serves principles and generic guidelines on risk management, which is required for the organization to have. This standard belongs to a part of a family of International Standards issued by the International Organization for standardization. This certification serves you all about that how to manage a systematic, transparent and reliable way.