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A Vikor-Based Multiple Criteria Decision Method For Improving Information Security Risk

Author

Listed:
  • YU-PING OU YANG

    (Department of Business Administration, National Central University, 300 Chung-da Road, Chung-Li City 320, Taiwan)

  • HOW-MING SHIEH

    (Department of Business Administration, National Central University, 300 Chung-da Road, Chung-Li City 320, Taiwan)

  • JUN-DER LEU

    (Department of Business Administration, National Central University, 300 Chung-da Road, Chung-Li City 320, Taiwan)

  • GWO-HSHIUNG TZENG

    (Department of Business and Entrepreneurial Management, Kainan University, No. 1, Kainan Road, Luchu, Taoyuan 338, Taiwan;
    Institute of Management of Technology, National Chiao Tung University, 1001 Ta-Hsueh Road, Hsinchu 300, Taiwan)

Abstract

Most multicriteria methods focus on ranking and selecting from a set of alternatives. These methods are usually used to compare all alternatives based on the synthesized scorings within a normalized scale with respect to the same criteria in multicriteria problems. However, the decision makers often simultaneously manage one or several alternatives/projects with conflicting and noncommensurable criteria to reduce the gaps to achieve the aspired grade in practice. They then need to rank the gaps that have not been reduced or improved (the unimproved gaps) for the alternatives/projects or aspects of a project to get the most benefit. Because these compared alternatives/projects do not usually have the same criteria/aspects, traditional methods are unsuitable to deal with them. Thus, this research proposes a new VIKOR method to solve this problem; this new method allows the decision maker to understand these gaps of the projects/aspects and rank them to improve these large gaps in control items to achieve the aspired level. Its concept originates in compromise solutions, in particular the VIKOR method. In addition, this research also provides an example of improving information security risk to demonstrate the suitability of this new method. The results show the effectiveness of the new method.

Suggested Citation

  • Yu-Ping Ou Yang & How-Ming Shieh & Jun-Der Leu & Gwo-Hshiung Tzeng, 2009. "A Vikor-Based Multiple Criteria Decision Method For Improving Information Security Risk," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 8(02), pages 267-287.
    • Handle: RePEc:wsi:ijitdm:v:08:y:2009:i:02:n:s0219622009003375
    DOI: 10.1142/S0219622009003375
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    Citations

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    Cited by:

    1. Shuwei Jing & Zhanwen Niu & Pei-Chann Chang, 2019. "The application of VIKOR for the tool selection in lean management," Journal of Intelligent Manufacturing, Springer, vol. 30(8), pages 2901-2912, December.
    2. Abbas Keramati & Fatemeh Shapouri, 2016. "Multidimensional appraisal of customer relationship management: integrating balanced scorecard and multi criteria decision making approaches," Information Systems and e-Business Management, Springer, vol. 14(2), pages 217-251, May.
    3. Jie Wu & Liang Liang, 2012. "A multiple criteria ranking method based on game cross-evaluation approach," Annals of Operations Research, Springer, vol. 197(1), pages 191-200, August.
    4. Wen-Hsien Tsai & Pei-Ling Lee & Yu-Shan Shen & Elliott Hwang, 2014. "A combined evaluation model for encouraging entrepreneurship policies," Annals of Operations Research, Springer, vol. 221(1), pages 449-468, October.
    5. Chithambaranathan, P. & Subramanian, Nachiappan & Gunasekaran, Angappa & Palaniappan, PL.K., 2015. "Service supply chain environmental performance evaluation using grey based hybrid MCDM approach," International Journal of Production Economics, Elsevier, vol. 166(C), pages 163-176.
    6. Peng, Yi & Kou, Gang & Wang, Guoxun & Shi, Yong, 2011. "FAMCDM: A fusion approach of MCDM methods to rank multiclass classification algorithms," Omega, Elsevier, vol. 39(6), pages 677-689, December.
    7. Shakoor Shahabi, Reza & Basiri, Mohammad Hossein & Rashidi Kahag, Mahdi & Ahangar Zonouzi, Samad, 2014. "An ANP–SWOT approach for interdependency analysis and prioritizing the Iran׳s steel scrap industry strategies," Resources Policy, Elsevier, vol. 42(C), pages 18-26.
    8. Hsu, C.-H. & Wang, Fu-Kwun & Tzeng, Gwo-Hshiung, 2012. "The best vendor selection for conducting the recycled material based on a hybrid MCDM model combining DANP with VIKOR," Resources, Conservation & Recycling, Elsevier, vol. 66(C), pages 95-111.
    9. Tsai, Wen-Hsien & Chou, Wen-Chin & Lai, Chien-Wen, 2010. "An effective evaluation model and improvement analysis for national park websites: A case study of Taiwan," Tourism Management, Elsevier, vol. 31(6), pages 936-952.
    10. Xiaoyang Shu & Raman Kumar & Rajeev Kumar Saha & Nikhil Dev & Željko Stević & Shubham Sharma & Mohammad Rafighi, 2023. "Sustainability Assessment of Energy Storage Technologies Based on Commercialization Viability: MCDM Model," Sustainability, MDPI, vol. 15(6), pages 1-21, March.
    11. Jiamin Wang, 2012. "Robust optimization analysis for multiple attribute decision making problems with imprecise information," Annals of Operations Research, Springer, vol. 197(1), pages 109-122, August.
    12. Gwo-Hshiung Tzeng & Chi-Yo Huang, 2012. "Combined DEMATEL technique with hybrid MCDM methods for creating the aspired intelligent global manufacturing & logistics systems," Annals of Operations Research, Springer, vol. 197(1), pages 159-190, August.
    13. Mauricio Diéguez & Jaime Bustos & Carlos Cares, 0. "Mapping the variations for implementing information security controls to their operational research solutions," Information Systems and e-Business Management, Springer, vol. 0, pages 1-30.
    14. Mauricio Diéguez & Jaime Bustos & Carlos Cares, 2020. "Mapping the variations for implementing information security controls to their operational research solutions," Information Systems and e-Business Management, Springer, vol. 18(2), pages 157-186, June.
    15. Farshchian, Ghazaleh & Darestani, Soroush Avakh & Hamidi, Naser, 2021. "Developing a decision-making dashboard for power losses attributes of Iran’s electricity distribution network," Energy, Elsevier, vol. 216(C).
    16. Piotr Zielniewicz, 2017. "A Ranking Method Based on the Aggregate Distance Measure Function in the Value Space," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 685-710, May.
    17. Roman Vavrek, 2019. "Evaluation of the Impact of Selected Weighting Methods on the Results of the TOPSIS Technique," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 18(06), pages 1821-1843, November.

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