The Rigorous Security Risk Management Model: State of the Art

The Rigorous Security Risk Management Model: State of the Art

Neila Rjaibi, Latifa Ben Arfa Rabai
ISBN13: 9781522556343|ISBN10: 1522556346|EISBN13: 9781522556350
DOI: 10.4018/978-1-5225-5634-3.ch024
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MLA

Rjaibi, Neila, and Latifa Ben Arfa Rabai. "The Rigorous Security Risk Management Model: State of the Art." Cyber Security and Threats: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2018, pp. 452-470. https://doi.org/10.4018/978-1-5225-5634-3.ch024

APA

Rjaibi, N. & Rabai, L. B. (2018). The Rigorous Security Risk Management Model: State of the Art. In I. Management Association (Ed.), Cyber Security and Threats: Concepts, Methodologies, Tools, and Applications (pp. 452-470). IGI Global. https://doi.org/10.4018/978-1-5225-5634-3.ch024

Chicago

Rjaibi, Neila, and Latifa Ben Arfa Rabai. "The Rigorous Security Risk Management Model: State of the Art." In Cyber Security and Threats: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 452-470. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-5634-3.ch024

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Abstract

This chapter presents the security concepts terminologies (threat, risk, security risk management, security risk management process, security threat model) and present the state of the art of security risk management models, compare and discuss strengths and weaknesses of such models. Then it presents the Mean Failure Cost (MFC) model for quantifying security threats as a rigorous measure of cyber security, and as a cascade of linear models in order to estimate the system security using the loss of a given stakeholders as a result of security breakdown. Finally it presents an overview of the applicability of the MFC measure to e-systems. In the conclusion, the chapter criticizes the MFC Cyber Security Measure and presents an overview of different perspectives.

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