Title
A Risk Management Model For An Academic Institution'S Information System
Abstract
This article describes a two-step decision support model for investing in information technology security, both development and application. In the first step, the risk level of each of the system's components is mapped, with the aim of identifying the subsystems that pose the highest risk. In the second step, the model determines how much to invest in various technological tools and workplace culture programs to enhance information security. An application of this model to an information system in an academic institution in Israel is described. This system comprises ten subsystems and the authors identify the three that bear the most risk. These findings are used to determine the parameters of the investment allocation problem and find the optimal investment plan. The results of the model's application indicate that hacking for the purpose of cheating is a greater threat than other types of security issues. Additionally, the results support the claim that information security officials tend to overinvest in security technological tools and underinvest in improving security workplace culture.
Year
DOI
Venue
2018
10.4018/IRMJ.2018010104
INFORMATION RESOURCES MANAGEMENT JOURNAL
Keywords
Field
DocType
Academic Institution, Composite Risk Factor, IT Security, Mixed Integer Optimization, Risk Management
Information system,Engineering management,Knowledge management,Risk management,Engineering,IT risk management
Journal
Volume
Issue
ISSN
31
1
1040-1628
Citations 
PageRank 
References 
1
0.41
20
Authors
2
Name
Order
Citations
PageRank
Michael Dreyfuss152.89
Yahel Giat2116.41