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2010 Fourth International Conference on Network and System Security
Business Process-Based Information Security Risk Assessment
Melbourne, Victoria Australia
September 01-September 03
ISBN: 978-0-7695-4159-4
Limited information security budget in organizations make it necessary to effectively prioritize among security requirements. The goal is to make the most out of the available budget and to achieve a balanced overall security level. This leads to maximize the investment outcome. Many existing information security risk assessment approaches identify and assess risks to critical assets and are asset-driven approaches. These are limited in that it is hard to keep track of dependencies between assets and to produce realistic estimates of their values to an organization. We present a new security risk assessment approach focusing on business goals rather than assets and the processes supporting or contributing to these goals. Risks are identified and evaluated on a business process level and aggregated over all such processes depending on their criticality, role and importance for the organization as a whole. We illustrate our approach using examples from the banking industry, as well as discuss how our approach deals with some of the ambiguities involved in expert intensive and asset-driven information security risk assessment.
Index Terms:
Risk management, Business process, Information security, Risk assessment, Process management, Information management
Citation:
Kobra Khanmohammadi, Siv Hilde Houmb, "Business Process-Based Information Security Risk Assessment," nss, pp.199-206, 2010 Fourth International Conference on Network and System Security, 2010
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