The Quantification Management of Information Security Risk
Guoling Lao, Liping Wang
Abstract
Guoling Lao, Liping Wang
Abstract
Information security risk management is the crucial protection for the financial institute's operation and development. As the key step of information security risk, risk quantification will determine the resource allocation between various security measures. This article quantifies the risk from the angle of view of financial risk and refers to the mature quantitative models and methods. This approach will promote the development of information security risk management as well as integration with other financial risks.
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Information security risk management is the crucial protection for the financial institute's operation and development. As the key step of information security risk, risk quantification will determine the resource allocation between various security measures. This article quantifies the risk from the angle of view of financial risk and refers to the mature quantitative models and methods. This approach will promote the development of information security risk management as well as integration with other financial risks.
Key concepts: IT risk management, Risk management, Risk analysis (engineering), Information security management, Factor analysis of information risk, Risk management information systems, Security management, Information security