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The Application of "Risk=Value*Threat*Vulnerability" in Management Information Systems

The Application of "Risk=Value*Threat*Vulnerability" in Management Information Systems
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摘要 With rapid development of the technology, many organizations depend more on the information than before and they will process mountains of information everyday. Hence, an information system is designed to facilitate managing information. Security is applied to insure data confidentiality, integrality and availability. In this process, risk can not be ignored. How can we analyze the degree of the risk we can accept to provide effective protection at reasonable costs with a great return on investment? Now many methodologies are proposed. In the paper, one method "Risk = Value * Threat * Vulnerability" is analyzed so that more people can have a basic understanding about the risk. With rapid development of the technology, many organizations depend more on the information than before and they will process mountains of information everyday. Hence, an information system is designed to facilitate managing information. Security is applied to insure data confidentiality, integrality and availability. In this process, risk can not be ignored. How can we analyze the degree of the risk we can accept to provide effective protection at reasonable costs with a great return on investment? Now many methodologies are proposed. In the paper, one method "Risk = Value * Threat * Vulnerability" is analyzed so that more people can have a basic understanding about the risk.
作者 WU Yi
机构地区 University of Warwick
出处 《International Journal of Plant Engineering and Management》 2006年第2期69-72,共4页 国际设备工程与管理(英文版)
关键词 RISK VALUE THREAT VULNERABILITY information system risk, value, threat, vulnerability, information system
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