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Risk Analysis Of Cyber-Campus Modules (Security Guidelines Of Electronic Academic Assets)
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The likelihood that the firm's information systems are insufficiently protected against certain kinds of damage or loss is known as "systems risk." Risk can be managed or reduced when managers are aware of the full range of controls available and implement the most effective controls. Unfortunately, they often lack this knowledge, and their subsequent actions to cope with systems risk are less effective than they might otherwise be. This is one viable explanation for why losses from computer abuse and computer disasters today are uncomfortably large and still so potentially devastating after many years of attempting to deal with the problem. Results of comparative qualitative studies in two information services Fortune 500 firms identify an approach that can effectively deal with the problem. This theory-based security program includes (1) use of a security risk planning model, (2) education/training in security awareness, and (3) Countermeasure Matrix analysis.
A structured, progressive approach to the process of risk analysis, problem identification and project definition will contribute to the successful implementation of computer security in an organization. Potential losses of information technology assets need to be identified and quantified. It is critical for the senior management of an organization to be involved in the decision making process regarding the selection of computer security countermeasures. The objectives of this paper are to address the issue of risk analysis in view of an overall information security plan.
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