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Managing the investment in information security technology by use of a quantitative modeling
Abstract:

This paper presents a mathematical model for an optimal security-technology investment evaluation and decision-making processes based on a quantitative analysis of the security risks and a digital-assets assessment in an organization. The model makes use of a quantitative analysis of different security measures that counteract individual risks by identifying the information-system processes in an enterprise and the potential threats. The model comprises the target security levels for all the identified core business processes and the probability of a security accident together with the possible loss the organization may suffer. The model allows in-depth analyses and computations providing quantitative assessments of different options for investments, which translate into recommendations that facilitate the selection of the best solution and the associated decision-making. The model was tested using empirical examples and mathematical simulations with data from a real business environment

Keywords: Management Investment Modeling Security technology Economic metrics
Author(s): .
Source: Information Processing and Management 48 (2012) 1031–1052
Subject: فناوری اطلاعات
Category: مقاله مجله
Release Date: 2012
No of Pages: 22
Price(Tomans): 0
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