Question - Advice for adding asset-threat-vulnerability style risk methodology into Eramba

We are trying to add our existing risk assessment/treatment into Eramba, however we followed the asset-threat-vulnerability approach to risks assessment, but Eramba follows the event-based approach.

ISO 27005 (the guidelines for information security risk management) proposes two approaches: the event-based approach and the asset-threat-vulnerability approach.

Has anyone encountered this, and if so, how did you go about converting the asset-threat-vulnerability approach to the event-based approach used in Eramba?

I’m getting the impression that we would need to redo the whole risk analysis to an extent, to get the individual risks (event-based) defined.

Thanks,
~Ken

I would suggest to quote the source in more detail, page, paragraph, etc.

ISO/IEC 27005:2022 Page 17 Chapter 7.2.1 (a) Event-based, (b) Asset-based

I’m currently in the same abstract discussion with our customers. Your advice is appreciated.

there is nothing about risk in 7.2 item of the iso 27001 2022 version. we are probably not understanding each-other.

You are referring to different ISO documents, 27001 and 27005.

Moreover, @keramba I wonder why you are adding and not multiplying the impact and likelihood in your table. Is that done on purpose?