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The Rigorous Security Risk Management Model: State of the Art
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Author(s): Neila Rjaibi (Department of Computer science, Institut Supérieur de Gestion de Tunis (ISG), Tunisia)and Latifa Ben Arfa Rabai (Department of Computer science, Institut Supérieur de Gestion de Tunis (ISG), Tunisia)
Copyright: 2015
Pages: 18
Source title:
Cybersecurity Policies and Strategies for Cyberwarfare Prevention
Source Author(s)/Editor(s): Jean-Loup Richet (University of Nantes, France)
DOI: 10.4018/978-1-4666-8456-0.ch005
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Abstract
This chapter presents the security concepts terminologies (threat, risk, security risk management, security risk management process, security threat model) and present the state of the art of security risk management models, compare and discuss strengths and weaknesses of such models. Then it presents the Mean Failure Cost (MFC) model for quantifying security threats as a rigorous measure of cyber security, and as a cascade of linear models in order to estimate the system security using the loss of a given stakeholders as a result of security breakdown. Finally it presents an overview of the applicability of the MFC measure to e-systems. In the conclusion, the chapter criticizes the MFC Cyber Security Measure and presents an overview of different perspectives.
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