Work

Information Security Risk Management: In Which Security Solutions Is It Worth Investing?

Year: 2011
Type: article
Abstract: As companies are increasingly exposed to information security threats, decision makers are permanently forced to pay attention to security issues. Information security risk management provides an approach for measuring the security through risk assessment, risk mitigation, and risk evaluation. Although a variety of approaches have been proposed, decision makers lack well-founded techniques that (1) show them what they are getting for their investment, (2) show them if their investment is efficient, and (3) do not demand in-depth knowledge of the IT security domain. This article defines a methodology for management decision makers that effectively addresses these problems. This work involves the conception, design, and implementation of the methodology into a software solution. The results from two qualitative case studies show the advantages of this methodology in comparison to established methodologies.
Institutions: TU Wien, SBA Research
Language: English
Open Access status: bronze
Funder: SBA Research
OpenAlex ID: W154279265
FWCI: 6.015
Cites: 64
Cited by: 46
Related to: 10