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Considerations on the selection and prioritization of information security solutions

Author

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  • Maria Cristina RADULESCU

    (Bucharest University of Economic Studies)

Abstract

This paper provides a set of guidelines that can be used for prescribing a methodology or a detailed process for selecting and prioritizing security projects or solutions. It is based on the idea that costs of security solutions should be justified by their contribution to ensuring adequate protection of information resources in the organization which implements them. The article reviews general issues of security risks and costs, arguing the need for explicit consideration of information resources security requirements in order to validate decisions concerning security projects implementation. In such an approach, security requirements of information resources are used as a reference system to quantify the benefits and limitations of security solutions defined as alternative or complementary responses to certain security risks as their implementation faces budget constraints.

Suggested Citation

  • Maria Cristina RADULESCU, 2016. "Considerations on the selection and prioritization of information security solutions," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 14(137), pages 564-564, April.
    • Handle: RePEc:aud:audfin:v:14:y:2016:i:137:p:564
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    References listed on IDEAS

    as
    1. Elvis Pontes & Adilson Guelfi & Anderson Silva & Sergio Kofuji, 2011. "A Comprehensive Risk Management Framework for Approaching the Return on Security Investment (ROSI)," Chapters, in: Matteo Savino (ed.), Risk Management in Environment, Production and Economy, IntechOpen.
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    More about this item

    Keywords

    Information security; security solution; information resource; security risk; efficiency;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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