Information security risk assessment is an important part of enterprises’ management practices that helps to identify, quantify, and prioritize risks against criteria for acceptance objectives relevant the organization. Risk refers a process consists identification, management, elimination or reduction likelihood events can negatively affect resources information system reduce potentially have ...

This paper investigates the information in corporate credit ratings from a positive and normative perspective. If ratings are to be informative indicators of credit risk they must reflect what a risk-averse investor cares about: both raw default probability and systematic risk. We find that ratings are inaccurate measures of raw default probability they are dominated as predictors of failure by...

The New Basel Capital Accord (Basel II) will include operational risk to the calculation of necessary regulatory capital in financial institutions after year-end 2006. Most of the banks have already developed sophisticated risk management frameworks helping to quantify and manage operational risk. Information security has direct impact on operational risk, but risk managers consider Information...

Nowadays Risk Management is a common practice in the Information Systems security field. It is usually supported by a Risk Assessment process, which is done at regular but unfortunately large intervals. This lack of a continuous Risk Assessment process in an ever-changing environment, such as Information Systems, tends to make Risk Management a more complex and less accurate task. In this paper...

Information security is a crucial technique for an organization to survive in these days. However, there is no integrated model to assess the security risk quantitatively and optimize its resources to protect organization information and assets effectively. In this paper, an integrated, quantitative risk analysis model is proposed including asset, threat and vulnerability evaluations by adaptin...