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  1. Proceedings of the 5th annual conference on Information security curriculum development (InfoSecCD '08)
  2. Economic acceptable risk assessment model
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Evaluation of Google hacking
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Economic acceptable risk assessment model
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Economic acceptable risk assessment model

Content Provider ACM Digital Library
Author Al-Hamdani, Wasim Jackson, Lance A.
Abstract Acceptable risk is the residual risk that follows the implementation of the safeguard. Residual risk is the qualitative or quantitative risk that could not be removed, or which was accepted. Managing the residual risk is the core of risk management. This includes determining which risk to take, which to remove, and what to do with the residual risk. The quantitative residual risk calculation is based on calculating threats, vulnerability, asset value, and control gap. In this paper, the description of an economic model for acceptable risk focuses on calculating asset absorption instead of calculating likelihood. This model provides a more quantifiable measurement and is based on the assumption that the value of an asset is less than optional risk and Acceptable Risk = Asset Value%. The final model calculates the security investment based on the accepted risk of a business investment.
Starting Page 36
Ending Page 39
Page Count 4
File Format PDF
ISBN 9781605583334
DOI 10.1145/1456625.1456636
Language English
Publisher Association for Computing Machinery (ACM)
Publisher Date 2008-09-26
Publisher Place New York
Access Restriction Subscribed
Subject Keyword Control Information security risk Risk calculation Information security control Information security Risk Risk management
Content Type Text
Resource Type Article
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