• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.29
• /
• pp.143-172
• /
• 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.

• Journal of Internet Computing and Services
• /
• v.16 no.4
• /
• pp.83-91
• /
• 2015

The purpose of this study was to examine the effect of trust toward digital risk management organization on risk perception and cognition of risk management focused on expert survey. The results were as follows. First, Trust toward digital risk management organization influenced negatively on risk perception. Second, Trust toward digital risk management organization influenced positively on cognition of risk management organization. Third, risk perception on digital risk influenced not significantly on cognition of risk management organization. Findings of this study requires an effort to increase trust of digital risk management organization and to develop trust-based decision-making on digital risk.

• Korean journal of communication and information
• /
• v.54
• /
• pp.98-117
• /
• 2011

This paper is a theoretical inquiry of the changing roles of digital technologies in the representation of risk. Critically examining existing perspectives on risk society and risk communication, this paper argues that digital technologies and images in risk communication have been relatively understudied. Having said that, this paper suggests that Actor-network Theory provide useful theoretical tools for current studies on how digital technologies affect contemporary risk communication practices. Furthermore, this paper examines varied recent studies investigating how digital technologies of visualization are at play in risk communication practices. In doing so, this paper demonstrates how digital images and technologies interrupt the processes that scientific evidence is presented and facts are constructed in varied contemporary scientific reasoning. It will focus on the emerging mode of seeing and visual regime made possible by the increased usage of digital image and technologies, which are characterized by networked connection, sensor, computerized algorithm, and increased storage space. Finally this paper will discuss on the implications on future studies on the roles of digital images and technologies in risk communication practices in Korean context.

• Journal of Information Management
• /
• v.37 no.1
• /
• pp.131-148
• /
• 2006

This paper is to probe foreign cases about risk management and to develop a method for the risk management of the digital resources, This is under the perception that the risk management is necessary for digital archiving implementation. OCLC and Cornell University Library are the leading institutions in the area of risk management. They are the best examples because they make a decision about the risk management through the testing and experimentation. Based on case studies, identification of element of risk management process in our environment, the foundation of national center for risk management, and testing file format and migration program as practical plan of risk management for digital resources are suggested.

• Nuclear Engineering and Technology
• /
• v.41 no.6
• /
• pp.849-858
• /
• 2009

Risk caused by safety-critical instrumentation and control (I&C) systems considerably affects overall plant risk. As digitalization of safety-critical systems in nuclear power plants progresses, a risk model of a digitalized safety system is required and must be included in a plant safety model in order to assess this risk effect on the plant. Unique features of a digital system cause some challenges in risk modeling. This article aims at providing an overview of the issues related to the development of a static fault-tree-based risk model. We categorize the complicated issues of digital system probabilistic risk assessment (PRA) into four groups based on their characteristics: hardware module issues, software issues, system issues, and safety function issues. Quantification of the effect of these issues dominates the quality of a developed risk model. Recent research activities for addressing various issues, such as the modeling framework of a software-based system, the software failure probability and the fault coverage of a self monitoring mechanism, are discussed. Although these issues are interrelated and affect each other, the categorized and systematic approach suggested here will provide a proper insight for analyzing risk from a digital system.

• Nuclear Engineering and Technology
• /
• v.44 no.5
• /
• pp.471-482
• /
• 2012

To assess the risk of nuclear power plant operation and to determine the risk impact of digital systems, there is a need to quantitatively assess the reliability of the digital systems in a justifiable manner. The Probabilistic Risk Analysis (PRA) is a tool which can reveal shortcomings of the NPP design in general and PRA analysts have not had sufficient guiding principles in modelling particular digital components malfunctions. Currently digital I&C systems are mostly analyzed simply and conventionally in PRA, based on failure mode and effects analysis and fault tree modelling. More dynamic approaches are still in the trial stage and can be difficult to apply in full scale PRA-models. As basic events CPU failures, application software failures and common cause failures (CCF) between identical components are modelled.The primary goal is to model dependencies. However, it is not clear which failure modes or system parts CCF:s should be postulated for. A clear distinction can be made between the treatment of protection and control systems. There is a general consensus that protection systems shall be included in PRA, while control systems can be treated in a limited manner. OECD/NEA CSNI Working Group on Risk Assessment (WGRisk) has set up a task group, called DIGREL, to develop taxonomy of failure modes of digital components for the purposes of PRA. The taxonomy is aimed to be the basis of future modelling and quantification efforts. It will also help to define a structure for data collection and to review PRA studies.

• Journal of the Korean Society for information Management
• /
• v.20 no.1
• /
• pp.5-29
• /
• 2003

University libraries have developed digital information resources for digital services and have tried to preserve valuable digital information. Because digital preservation raises challenges of a fundamentally different nature which we added to the problems to preserving traditional format materials, it is necessary that preserving digital resources must be discussed and researched actively. This study conducts risk management for exploring preserving technologies and assessing tools. It is found that most university libraries have used format conversion frequently and do not use the emulation technology. It is also found that medium refreshing has the lowest risk probability and isk impact, but information migration and emulation technology have the highest in the risk probability and in the risk impact individually and the absence of full-time professional staff causes high risk.

• International Commerce and Information Review
• /
• v.9 no.3
• /
• pp.107-129
• /
• 2007

In 1990s, both development of internet and digital economy would make new products such as digital goods. Recently, digital goods composed of softwares, digital contents, and digital services have grown up rapidly in the world market. Characteristics of goods and transaction forms in the international trade of digital goods is different from those of traditional goods. Thus, this difference would appear a new risk that did not exist in the international trade of traditional goods. Identification and confirmation about unique export risks of digital goods would be necessary to the increase of export of digital goods needs; however, in spite of the importance, very few studies have been based on the export risks of digital goods particularly in research on the relationships between export risk management and export performance. This study classifies the types of export risks based on the previous studies, and examines the relationship between both management and identification of export risks.

• Korean Journal of Construction Engineering and Management
• /
• v.10 no.1
• /
• pp.78-90
• /
• 2009

Recently, operation of highway is the complex digital Infrastructure based on complicated IT. The application of IT is increasing more and more in digital Infrastructure. Though IT is very convenient, if unpredicted operating risk of highway occurs, widespread damage can be large. When operating risk of highway occurs, road users are out of smoothly-run service because of the operating interruption. This risk causes unpredicted operating management cost and additional maintenance cost. It will excess over the planned operating cost, which may leads to users's unsafety and operator's insolvency because of income loss. Until now, related studies to find out the risk are not sufficient. The purpose of this study is to suggest risk cost items and to estimate the reasonable risk cost by using simulation method in case of occurring the huge power failure at the operating digitalized highway. This study indicates the several plans to hedge against risk cost and the management of highway project. From now on, it will be used as basic data to confirm the soundness of operating system in Digital Infrastructure.

• Journal of Korea Society of Digital Industry and Information Management
• /
• v.5 no.2
• /
• pp.133-140
• /
• 2009

In the paper, we proposed the systematical and quantitative software risk management methodology based on risk analysis model. A software risk management consists of the basic risk management method(BRIMM) and the detailed risk management method(DRIMM). BRIMM is applied to unimportant phases or the phase which also the risk factor does not heavily influence to project. DRIMM is used from the phase which influences highly in project success or the phase where the risk factor is many. Fulfilling risk management combined two methods, we can reduce project's budget, term and resource's usage, and prevent risk with the optimum measures obtained by the exact risk analysis.