An effective ISRM process, as recommended by ISO/IEC 27005, is critical to a successful ISMS as the ISO/IEC 27000 series are deliberately risk-aligned, where, at first, organizations must assess risks before coming up with management and risk treatment plans. The ISRM process can be applied to part of an organization (e.g., department, physical location, service) or to the organization as a whole and to any information system. It is necessary that the approach to ISRM is systematic so that it can be effective. The strategy should also be aligned with the overall objectives of the organization. Analyze how your organization or one with which you are familiar can utilize the seven stages of ISO 27005 for the risk management process: 1. Context establishment 2. Risk identification 3. Risk analysis 4. Risk evaluation 5. Risk treatment 6. Risk acceptance 7. Monitoring and review