In this paper we propose a novel approach for the systematic assessment and analysis of IT related risks in organisations and projects. The approach is model-driven using an enterprise architecture as the basis for the security management process. Using an enterprise architecture it is possible to provide an integrated description of an organisation’s structure, processes and its underlying IT ...

The conventional wisdom is that security priorities should be set by risk analysis. However, reality is subtly different: many computer security systems are at least as much about shedding liability as about minimising risk. Banks use computer security mechanisms to transfer liability to their customers; companies use them to transfer liability to their insurers, or (via the public prosecutor) ...

Continuously changing nature of technological environment has been enforcing to revise the process of information security risk analysis accordingly. A number of quantitative and qualitative risk analysis methods have been proposed by researchers and vendors. The purpose of these methods is to analyze today's information security risks properly. Some of these methods are supported by a software...

While conventional business administration-based information technology management methods are applied to the risk analysis of information systems, no security risk analysis techniques have been used in relation to information protection. In particular, given the rapid diffusion of information systems and the demand for information protection, it is vital to develop security risk analysis techn...

IT security issues and outsourcing of business processes are common but largely disjoint themes in the literature; common consideration is rare even though information security risk becomes a shared risk both through IS-based processes at outsourcing partners and potentially tightly-integrated IS systems. This paper explores this lack of an integrated model combining IT risk management view wit...

Increasing numbers of security incidents such as malware or hacker attacks prompt companies to spend billions of dollars on protecting their information systems. In this context IT risk management (ITRM) has become an important organizational function to control internal and external risks associated with IT. Much effort has been put on mitigating IT risks by means of physical, procedural, and ...