• Journal of Information Technology Applications and Management
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• v.23 no.1
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• pp.79-96
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• 2016

As numerous security breaches on a variety of information assets such as personal information, corporate secrets, computer servers, and networks have occurred, information security has emerged as a critical social issue. However, researches on economically rational information security decision-making have been few. Such researches are especially rare in South Korea where information security is considered to be a discipline of engineers. This study aims to identify the preferred themes and methodologies of information security economics research in the field of information systems by reviewing papers published in Management Information Systems Quarterly (MISQ), Information Systems Research (ISR), European Journal of Information Systems (EJIS), Management Science (MS), and Information and Management (I&M). We hope that the results of the study will be helpful in rational managerial or policy decision-making for practitioners and suggest future research topics for researchers.

• Asia pacific journal of information systems
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• v.23 no.4
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• pp.129-149
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• 2013

According to the development of new Information Technologies, firms consistently invest a significant amount of money in IT activities, such as establishing internal and external information systems. However, several anti-Information activities-such as hacking, leakage of information and system destruction-are also rapidly increasing, thus many firms are exposed to direct and indirect threats. Therefore, firms try to establish information security systems and manage these systems more effectively via an enterprise perspective. However, stakeholders or some managers have negative opinions about information security systems. Therefore, in this research, we study the relationship between multibusiness firms' performance and information security systems. Information security indicates physical and logical correspondence of information system department against threats and disaster. Studies on information security systems suggested frameworks such as IT Governance Cube and COBIT Framework to identify information security systems. Thus, this study define that information security systems is a controlled system on enterprise IT process and resource on IT Governance perspective rather than independent domain of IT. Thus, Information Security Systems should be understood as a subordinate concept of IT and business processes. In addition, this study incorporates information capability to information security system literature to show the positive relationship between Information Security Systems and Corporate Performance. The concept of information capability suggested that an interaction of human, information, technical and an effect on corporate performance using three types of capability (IT Practice, Information Management Practice, Information Behaviors and Values). Information capability is about firms' capability to manage IT infrastructure and information as well as individual employees who use IT infrastructure and information. Thus, this study uses information capability as a mediating variable for the relationship between information security systems and firms' performance. To investigate the relationship between Information Security Systems and multibusiness firms' performance, this study extends the IT relatedness concept into Information Security Systems. IT relatedness provides understanding of how corporations cope with conflicts between headquarters and business units to create a synergy effect and achieve high performance using IT resources. Based on the previous literature, this study develops the IT Security Relatedness model. IT Security Relatedness is our main independent variable, while Information Capability and Information Security Performance are mediating variables. To control for the common method bias, we collect each multibusiness firm's financial performance and use it as our dependent variable. We find that Information Security Systems influence Information Capability and Information Security Performance positively, and these two variables consequently influence Corporate Performance positively. In addition, this result indirectly shows that corporations under a multibusiness environment can obtain synergy effects using the integrated Information Security Systems. This positive impact of Information Security Systems on multibusiness firms' performance has an important implication to various stakeholders. Therefore, multibusiness firms need to establish Information Security Systems to achieve better financial performance.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.5 no.6
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• pp.1192-1213
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• 2011

Information security management systems (ISMSs) are used to manage information about their customers and themselves by governments or business organizations following advances in e-commerce, open networks, mobile networks, and Internet banking. This paper explains the existing ISMSs and presents a comparative analysis. The discussion deals with different types of ISMSs. We addressed issues within the existing ISMSs via analysis. Based on these analyses, then we proposes the development of an information security management evaluation system (ISMES). The method can be applied by a self-evaluation of the organization and an evaluation of the organization by the evaluation committee. The contribution of this study enables an organization to refer to and improve its information security levels. The case study can also provide a business organization with an easy method to build ISMS and the reduce cost of information security evaluation.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.2
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• pp.703-708
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• 2010

Various information sources and the increasing vulnerabilities of information systems could increase the risks of a business. The successful management of business risks depends on appropriate level of risks in business. Business risk management would be conducted in terms of financial risk management and information security management. The financial management and the information security management could not achieve an integrated business risk management. For developing the integrated business risk management, this study analyzes the various information security management systems such as ISMS, EA, ISO27001, COBIT, SPICE, Auditing. This study analyzes information security systems, which could be utilized in developing business risk management.

• Journal of Korea Multimedia Society
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• v.18 no.2
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• pp.218-232
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• 2015

According to the development of information processing technology and mobile communication technology, the utilization of mobile banking systems is drastically increasing in banking system. In the foreseeable future, it is expected to increase rapidly the demands of mobile banking in bank systems with the prevalence of smart devices and technologies. However, the keeping 'security' is very important in banking systems that handles personal information and financial assets. But it is very difficult to improve the security of banking systems only with the vulnerabilities and faults analysis methods of information security. Hence, in this paper, we accomplish the analysis of security risk factor and security vulnerability that occur in mobile banking system. With analyzed results, we propose the information security control and management processes for assessing and improving security based on the mechanisms which composes mobile banking system.

• Journal of Information Technology Applications and Management
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• v.16 no.3
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• pp.73-86
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• 2009

To establish an effective security strategy, business enterprises need a security benchmarking tool. The strategy helps to lessen an impact and a damage in any threat. This study analyses many aspects of information security management and suggests a way to deal with security investments by considering important factors that affect security manager's decision. To address the different threats resulting from a major cause of accidents inside an enterprise, we investigate an approach that followed ISO17799. We unfold a criminology theory that has designated many measures against the threat as suggested by General Deterrence Theory. The study proposes a coherent model of the theory to improve the security measures especially in handling and protecting company assets and human lives as well.

• Asia pacific journal of information systems
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• v.8 no.2
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• pp.105-119
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• 1998

As the first step to information security, the security policy and organizational control need to be established. The purpose of this study is to investigate the policy and management of information security of five major Korean business groups. The results of case study on five giant groups can be summarized as follows. There exists a basic policy for information security. But it is outdated and not realistic in the present. The security audit and education need to be upgraded. It is also necessary to use security tools actively. The security level is low in companies which do not have independent information security divisions. Therefore, it is desirable to build information security teams. The number of security personnel is not enough for the task although there exist an information security team in the company. It is important to check if the team has the ability of perform information security task. The interview with security managers reveals that the total security management should be integrated with physical and computer security. It is suggested that an Information Security Center play the major role for information security. The study on the information security management for industry level is expected to be performed in the future.

• 제어로봇시스템학회:학술대회논문집
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• 2005.06a
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• pp.2513-2515
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• 2005

Internet attack incidents have steadily increased along with the increase in Internet users. To protect systems and networks from these attacks, advanced security systems have been developed. Now that these security systems are operating, their successful management is more important than the purchase and establishment of new information security systems. The acquisition of good systems is ineffective and financially wasteful unless they are managed properly. Adequate management policy has recently become the focus of users. In other words, for companies and educational institutions with their domains, capital expenses are enormous to bear, and good security staffs are difficult to find, for which reasons outsourcing vendors or Managed Security Service Providers (MSSPs) that manage and operate the information security systems of certain domains become very appealing. Today, customers expect ISPs to perform MSSP services that used to be carried out by the security companies. This document presents the role and necessity of ISPs as MSSPs.

• Journal of Information Technology Applications and Management
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• v.23 no.3
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• pp.61-69
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• 2016

Growing information threats have threatened organization to lose information security controls in these days. Many organizations have accepted the various information security management systems does mention necessity of a continuous evaluation process for the executions of information security management in a theoretical aspect. This study suggests a continuous evaluation process for information security management reflecting the real execution of managers and employees in organizations.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2004.10a
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• pp.147-157
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• 2004

Enterprises and governments currently utilize COTS based information systems which are a kind of component based systems. Especially, COTS are widely utilized as information security systems and information systems including information security functions. This paper suggests an appropriate adaptation level of security functional components and a cost effective priority among them. To make a cost effective decision on adapting security functional components, this paper develops a hierarchical model of information security technologies and analyzes findings through multiple decision-making criteria.