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Risk Quantification Framework

In: IT Security Risk Management

Author

Listed:
  • Tobias Ackermann

    (Fachgebiet Wirtschaftsinformatik TU Darmstadt)

Abstract

In this chapter about the risk quantification framework1, first, the model – including its parameters as well as related equations and algorithms – is introduced. The model supports risk management by efficiently aggregating the individual risks for the decomposed parts of an IT scenario back to an overall risk. The second section describes simulation results regarding sensitivity analysis, identification of cost drivers, and the introduction of inaccuracy. Third, the application of the proposed risk quantification framework using a real-life business process and a prototype of a SaaS-based implementation are presented.

Suggested Citation

  • Tobias Ackermann, 2013. "Risk Quantification Framework," Springer Books, in: IT Security Risk Management, edition 127, chapter 0, pages 85-125, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-01115-4_4
    DOI: 10.1007/978-3-658-01115-4_4
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