IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-319-04486-6_14.html

Information Technology Risks: An Interdisciplinary Challenge

In: Risk - A Multidisciplinary Introduction

Author

Listed:
  • Michael Schermann

    (Technische Universität München, Chair for Information Systems, Department of Informatics)

  • Manuel Wiesche

    (Technische Universität München, Chair for Information Systems, Department of Informatics)

  • Stefan Hoermann

    (Technische Universität München, Chair for Information Systems, Department of Informatics)

  • Helmut Krcmar

    (Technische Universität München, Chair for Information Systems, Department of Informatics)

Abstract

This chapter introduces students to general concepts and theoretical foundations of managing risks induced by developing and using information technology (IT risks). This chapter first provides an overview of the broad nature of IT risks. We introduce categories of IT risks to illustrate its diverse and heterogeneous causes and consequences as well as possible strategies required to balance the risks and benefits of information systems. Second, we illustrate the interdisciplinary challenges that come with managing IT risks on the most researched form of IT risk, namely IT project risks. We discuss the subjectivity of IT risks, various IT risk assessment techniques, outline the process of managing IT project risks, and introduce the dynamics of IT project risks. Third, we present five perspectives on IT risks as a fruitful lens to structure the variety of topics in IT risk research. Using these five perspectives as a framework, we present the most frequently cited IT risk research papers and theories. We conclude with an IT risk research agenda that posits worthwhile avenues for advancing the understanding and control of IT risks.

Suggested Citation

  • Michael Schermann & Manuel Wiesche & Stefan Hoermann & Helmut Krcmar, 2014. "Information Technology Risks: An Interdisciplinary Challenge," Springer Books, in: Claudia Klüppelberg & Daniel Straub & Isabell M. Welpe (ed.), Risk - A Multidisciplinary Introduction, edition 127, chapter 0, pages 387-405, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-04486-6_14
    DOI: 10.1007/978-3-319-04486-6_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-319-04486-6_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.