• Title/Summary/Keyword: Security Risk Management

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A Study on Application Structure for IT Operational Risk in Financial Institute (금융기관의 IT운영리스크 관점에서의 응용프로그램 구조에 관한 연구)

  • Cho, Seong-Cheol;Nam, Cho-Yee;Lee, Kyung-Ho
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.24 no.4
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    • pp.705-719
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    • 2014
  • Recently the importance of operational risk is gradually increasing in risk management of financial institute. Especially the service interruption caused by system failure can lead to customer complaints, decrease of profit and customer secession. Thus, financial industry makes diverse effort to minimize the impact caused by the system failure of IT application. Common modules are used in IT system in financial industry to exclude redundant development and to use the system efficiently. However, when a failure in common module is occurred, the risk that affects all the tasks using the common module exists. In this study, the damage affected by a failure in application program is prevented separating common module which has a large risk by task in the perspective of IT operational risk. In order to cope with damage, the research on the factors related to common module is conducted and proposes the separating common module standard for decrease of operational risk of the financial IT.

Ransomware Threat Countermeasures for the Defense Information System: In terms of Information Security Risk Management (국방정보시스템에서의 랜섬웨어 위협 대응방안: 정보보안 위험관리 관점에서)

  • Yoo, Jincheol;Moon, Sangwoo;Kim, Jong-hwa
    • Convergence Security Journal
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    • v.20 no.5
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    • pp.75-80
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    • 2020
  • Damage caused by ransomware has continued to increase since last year, but cyber operations are managed without any separate classification of ransomware types in the military's guidelines for carrying out cyber operations. However, unlike other malware, ransomware is a threat that could paralyze all defense operations in one moment, and the military should reevaluate ransomware and take countermeasures. Accordingly, this paper aims to analyze the assets, vulnerabilities, and threats related to defense information service based on information security risk management, and propose alternatives to ensure continuity of defense work from ransomware threats.

Structure and Challenges of a Security Policy on Small and Medium Enterprises

  • Almeida, Fernando;Carvalho, Ines;Cruz, Fabio
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.2
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    • pp.747-763
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    • 2018
  • Information Technology (IT) plays an increasingly important role for small and medium-sized enterprises. It has become fundamental for these companies to protect information and IT assets in relation to risks and threats that have grown in recent years. This study aims to understand the importance and structure of an information security policy, using a quantitative study that intends to identify the most important and least relevant elements of an information security policy document. The findings of this study reveal that the top three most important elements in the structure of a security policy are the asset management, security risk management and define the scope of the policy. On the other side, the three least relevant elements include the executive summary, contacts and manual inspection. Additionally, the study reveals that the importance given to each element of the security policy is slightly changed according to the sectors of activity. The elements that show the greatest variability are the review process, executive summary and penalties. On the other side, the purpose of the policy and the asset management present a stable importance for all sectors of activity.

A Study on Enterprise and Government Information Security Enhancement with Information Security Management System (정보보호관리체계를 통한 기업 및 정부 정보보안 강화 방안에 관한 연구)

  • Park, Chung-Soo;Lee, Dong-Bum;Kwak, Jin
    • Journal of Advanced Navigation Technology
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    • v.15 no.6
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    • pp.1220-1227
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    • 2011
  • According to the development of IT technology, life itself is becoming the change to Knowledge-based systems or information-based systems. However, the development of IT technology, the cyber attack techniques are improving. And DDoS a crisis occurs frequently, such as cyber terrorism has become a major data leakage. In addition, the various paths of attack from malicious code entering information in the system to work for your company for loss and damage to information assets is increasing. In this environment, the need to preserve the organization and users of information assets to perform ongoing inspections risk management processes within the organization should be established. Processes and managerial, technical, and physical systems by establishing an information security management system should be based. Also, we should be introduced information security product for protecting internal assets from the threat of malicious code incoming to inside except system and process establishment. Therefore we proposed enterprise and government information security enhancement scheme through the introduction of information security management system and information security product in this paper.

A Study on the Supply Chain Security Program (수출입 공급망 안전 프로그램에 관한 연구)

  • Han, Byoung Wan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.58
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    • pp.287-311
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    • 2013
  • In this study, the scope of previous logistics security were focused only on port and ship. Because of it now extends to the overall (export and import) supply chain areas and in regards with supply security programs in the international level, it reviewed supply chain security programs categorized them into 'ships and port security system', 'container screening system', 'logistics chain authorization system' which are expanded to be adopted in the international level. The major features of those programs are summarized as in building risk management system, providing information ahead, selectivity test and benefits to AEO authorized companies in the customs administration level. The government and companies which are to ensure supply chain security and trade facilitation in order to cope actively with international customs administrative atmosphere need to do the followings : First, they need to build an intra-government integrated supply chain security and make efforts to conclude AEO MRA in order to increase trade competitiveness among major trading countries. Second, they need to build supply chain risk management system in order to enhance management performance through overseas market and company level strategy to obtain and maintain AEO authorization in the company level.

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A Study for strategic cooperaton of enterprise security and business (기업보안과 비즈니스의 전략적 협력에 관한 연구)

  • Ryu, Hyung-Chang
    • Korean Security Journal
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    • no.28
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    • pp.103-130
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    • 2011
  • This study is the research of enterprise security for raising the profitability and stability of Korean companies in global business environment and strategic cooperation of business. As the scientific technology gets complicated as day goes by and new competitors appear regardless the border in the modern business environment, the situation happens frequently which the huge company hands over their market to the new one armed with the innovative thinking overnight. To survive such new environment, the answer is the change of paradigm regarding business management method at the new point of view. With the low level of security risk management of Korean companies which stick to old habit, the security management which helps the companies secure profits is not affordable. The global village where the population of 7 billions live in 21st century is facing up to the rapid ecological adaptation. The rapid change of climatic environment creates the hundreds of thousands of sufferers in a moment, and we have been watching the millions of livestock are buried alive due to new contagious disease everyday. Such change encourages the humans in global village to change the basic way of living. The business ecosystem which is the basic root for economic life cannot be an exception. To survive the business environment of 21st century, the security risk management at management level is required and the reporting line of companies should be established newly for raising business competing power through security risk management. The companies should bear in mind that they can be disappeared into our old memories overnight if they are not sensitive to the changing environment. Out of new risks for the modern companies, the field especially Korean companies are dealing easily is the security risk. Not like past, the security risk which's size is much more massive and its propagation velocity is very fast is the one of important business risks which the management should take care. Out of security risks which influence on the modern companies significantly, the brand of companies, protection of their reputation, continuity of production and operation and keeping customer's trust are prior to the others. This study offered the suggestion regarding enterprise security and the strategic cooperation of business to deal with such security risk effectively.

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The Evaluation-based CBR Model for Security Risk Analysis (보안위험분석을 위한 평가기반 CBR모델)

  • Bang, Young-Hwan;Lee, Gang-Soo
    • Journal of KIISE:Computer Systems and Theory
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    • v.34 no.7
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    • pp.282-287
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    • 2007
  • Information society is dramatically developing in the various areas of finance, trade, medical service, energy, and education using information system. Evaluation for risk analysis should be done before security management for information system and security risk analysis is the best method to safely prevent it from occurrence, solving weaknesses of information security service. In this paper, Modeling it did the evaluation-base CBD function it will be able to establish the evaluation plan of optimum. Evaluation-based CBD(case-based reasoning) functions manages a security risk analysis evaluation at project unit. it evaluate the evaluation instance for beginning of history degree of existing. It seeks the evaluation instance which is similar and Result security risk analysis evaluation of optimum about under using planning.

A Basic Study on Development of Merchant Ship's Security System in High-Risk Terrorism (고위험 테러시대 선박보안시스템 구축을 위한 기초 연구)

  • 이은방
    • Proceedings of KOSOMES biannual meeting
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    • 2003.05a
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    • pp.17-22
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    • 2003
  • With the terrorist attacks on 11 September 2001, the ships and their crews' safety and security have become a major issue in the maritime industries. In high-risk terrorism. not only ship owners and port authorities but also crew members on board should take precautions in the conduct of their business. In this paper, the vulnerability and essential elements in overall security of merchant ship are analyzed with a discussion in depth of the concept and principles of maritime security management. Author proposes ship's security model to reduce security risk and to minimize damage as a basic study for designing security system for merchant ship.

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A Study on the Risk Management in International Transaction of Digital Goods (디지털물(物) 국제법래(國際去來)의 리스크관리방안(管理方案)에 관한 연구(硏究))

  • Ahn, Byung-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.29
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    • pp.143-172
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    • 2006
  • This study focuses on the risk management of "Digital Goods" appeared with the progress of information technology(IT) in international transaction. As a result of that digital goods have a lot of uncertainty between the general goods or service which have been deal with object of international transaction broadly because digital goods hold uniqueness. In this study, the author give a definition of "Digital Goods" and make an examination of uniqueness of that in international transaction. Next, six risks are defined base on risk theory and risk analysis matrix applying risk mapping model is made. Conclusionally, risk transfer as insurance is adequate to manage business risk, security risk, credit risk and legal risk. Meanwhile, risk avoidance is adequate to manage reputation risk and market risk. But, this study have following three limits. Firstly, concerning definition of the risk, real case is not applied owing to lack of transaction data. Secondly, measuring of the risk is not based on absolute data but relative data. Lastly, suggesting way of risk management is not concrete and practical to international trader of digital goods.

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Models of State Clusterisation Management, Marketing and Labour Market Management in Conditions of Globalization, Risk of Bankruptcy and Services Market Development

  • Prokopenko, Oleksii;Martyn, Olga;Bilyk, Olha;Vivcharuk, Olga;Zos-Kior, Mykola;Hnatenko, Iryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.228-234
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    • 2021
  • The article defines the problems of forming the models of government regulation of clustering, marketing management and labor market in the context of globalization, business bankruptcy risk and services market development. The clustering models based on the optimal partner network cooperation were proposed in order to ensure the strategic development of territories, to attract budget leading enterprises and to support small businesses. A descriptive model of government regulation of clustering, marketing management and labor market in the context of globalization, business bankruptcy risk and Covid-19 was determined.