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Context-Based and Adaptive Cybersecurity Risk Management Framework

Author

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  • Henock Mulugeta Melaku

    (School of Information Technology and Engineering, Addis Ababa Institute of Technology, Addis Ababa University, Addis Ababa 1000, Ethiopia)

Abstract

Currently, organizations are faced with a variety of cyber-threats and are possibly challenged by a wide range of cyber-attacks of varying frequency, complexity, and impact. However, they can do something to prevent, or at least mitigate, these cyber-attacks by first understanding and addressing their common problems regarding cybersecurity culture, developing a cyber-risk management plan, and devising a more proactive and collaborative approach that is suitable according to their organization context. To this end, firstly various enterprise, Information Technology (IT), and cybersecurity risk management frameworks are thoroughly reviewed along with their advantages and limitations. Then, we propose a proactive cybersecurity risk management framework that is simple and dynamic, and that adapts according to the current threat and technology landscapes and organizational context. Finally, performance metrics to evaluate the framework are proposed.

Suggested Citation

  • Henock Mulugeta Melaku, 2023. "Context-Based and Adaptive Cybersecurity Risk Management Framework," Risks, MDPI, vol. 11(6), pages 1-22, May.
    • Handle: RePEc:gam:jrisks:v:11:y:2023:i:6:p:101-:d:1160331
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    References listed on IDEAS

    as
    1. Lee, In, 2021. "Cybersecurity: Risk management framework and investment cost analysis," Business Horizons, Elsevier, vol. 64(5), pages 659-671.
    2. In Lee, 2020. "Internet of Things (IoT) Cybersecurity: Literature Review and IoT Cyber Risk Management," Future Internet, MDPI, vol. 12(9), pages 1-21, September.
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    Cited by:

    1. Antczak Joanna, 2024. "Determinants of business management in the digital age," International Journal of Contemporary Management, Sciendo, vol. 60(1), pages 17-26, March.

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