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Performance Metrics for Information Security Risk Management

2008-10-08 04:42:05 by Editor in IEEE Security and Privacy
 
Qualitative methods are available for risk management, but better practice would use quantitative risk management based on expected losses and related metrics. Measuring the success of information security investments is best accomplished by measuring reductions in expected loss
 
Tags: risk management, information security investments, metrics, qualitative methods, success, losses, practice, reductions, loss
 
 
 
 
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Acceptable risk in changing economic times

2008-10-06 00:00:00 by HASH0x84734e0 in Network World on Security
 
You know the game "chicken"? That describes what it feels like as companies push for more growth and innovation in a time of increasing economic uncertainty. Today's business landscape is like a volcanic field, with eruptions taking place left and right. Rising fuel and commodities costs have changed the equation for many businesses. The effects...
 
Tags: commodities costs, companies push, economic uncertainty, effects ripple, businesses, volcanic field, business landscape, risk, fuel
 
 
 
 
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What Are You Managing Towards? (And On Disproving Risk Management)

The Article has images
2008-06-03 14:41:11 by Alex in RiskAnalys.is
...Risk Management Process. Three quick things to anyone who has read it and is visiting our blog for the first time We dont believe that the goal of Quantitative Risk Analysis is to be precise. We believe the goal is to be accurate. Subtle but important difference FAIR can be used both Quantitatively and Qualitatively. The decision on which...
 
Tags: management, risk management, term risk management, management focuses, management approach, risk management process, patch management, cost management, upper management
 
 
 
 
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Wakeup Call for Risk Management

2008-09-19 10:11:09 by Burton Group in Security and Risk Management Strategies Blog
 
...risk management, its important to understand more about what happened, and then draw some parallels to our business risk management and IT risk management situations The risk management failure in the housing market and on Wall Street had multiple interdependent dimensions Mortgage lenders abandoned long standing prudent loan practices . They...
 
Tags: risk management, risk management debacle, risk management failure, failure, risk management realistic, business risk management, risk management models, risk, risk management situations
 
 
 
 
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One Mans Frustrations With Risk Management

2008-09-23 18:05:20 by Alex in RiskAnalys.is
 
...Risk Management And in short, its everything. It pretty much sums up why I had to grow to re-evaluate how our industry does risk, risk management, approaches controls & vulnerability and find a new way. A couple of things jump out at me in reading Chris article 1.) Just because that Deming cycle sucks and is full of unknowns doesnt mean risk...
 
Tags: risk management, risk management methodologies, risk management approaches, risk, risk management methodology, risk management models, risk professionals focus, risk analysis, specific
 
 
 
 
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Risk Preferences in Chimpanzees and Bonobos

2008-04-17 06:20:51 by schneier in Schneier on Security
 
...risk. People tend to be risk averse when it comes to gains, and risk seeking when it comes to losses: Evolutionarily, presumably it is a better survival strategy to -- all other things being equal, of course -- accept small gains rather than risking them for larger ones, and risk larger losses rather than accepting smaller losses. Lions chase...
 
Tags: risk preferences, risk, relative risk preferences, risk-prone behaviour, approach, people approach risk, people, losses, risk larger losses
 
 
 
 
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Risk Management and Analysis Standards Update

2008-06-17 16:51:27 by Alex in RiskAnalys.is
 
...Risk Management, and RMI has a new website CISCO WEBINAR UPDATE First, Jacks Webinar with Cisco is Thursday . If you were lucky enough to get a slot, be sure to catch it. If you didnt get a slot but would like to still go, let me know (info at riskmanagementinsightdotcom - subject Webinar RISK MANAGEMENT STANDARDS AND FAIR Second, The Open...
 
Tags: risk management, risk management departments, risk management effort, standards, risk, risk management efforts, risk management issues, security standards, risk management standards
 
 
 
 
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Do you use Bloomberg for Risk Measurement?

2006-08-07 03:41:00 by Jomni in Risk Management Quant
 
...Risk Seminar this month. But before the details, here are my comments I've attended Bloomberg seminars before and there is usually a sales pitch somewhere. Looking at the event's lineup of speakers, 4 out of 5 speakers are from Bloomberg (an Algo risk solution is embedded in Bloomberg). Although the topics may sound relevant, they're just...
 
Tags: bloomberg, bloomberg users, trust bloomberg, bloomberg seminar, bloomberg seminars, bloomberg functionalities, details, seminar details, seminar
 
 
 
 
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Is Risk Management a People Problem?

2008-03-10 15:45:47 by Alex in RiskAnalys.is
 
...risk and how organizations can become more effective. Weve been thinking very hard about metrics and measurement and governance and compliance and assurance and so on and so forth. And one thing hit me funny today within that context, its the mention of the axiom Security is a People Problem In his article, What can CISOs learn from the...
 
Tags: risk management, risk, people, risk management issue, impacts people, security, security technology, risk tolerance, people lessons
 
 
 
 
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Risk Management Lessons from the Mortgage Meltdown

2007-12-14 16:54:17 by Chris McClean in Security & Risk Management