Digital Asset Valuation And Cyber Risk Measurement

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Digital Asset Valuation and Cyber Risk Measurement

Keyun Ruan
Digital Asset Valuation and Cyber Risk Measurement Book PDF

Author : Keyun Ruan
Publisher : Academic Press
Page : 200 pages
File Size : 43,8 Mb
Release : 2019-05-29
Category : Business & Economics
ISBN : 9780128123287

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Digital Asset Valuation and Cyber Risk Measurement by Keyun Ruan Pdf

Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modeling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this megatrend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modeling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control, and return, each of which are viewed from the perspective of entity (e.g., individual, organization, business), portfolio (e.g., industry sector, nation-state), and global ramifications. Establishing adequate, holistic, and statistically robust data points on the entity, portfolio, and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era. Comprehensive literature review on existing digital asset valuation models, cyber risk management methods, security control frameworks, and economics of information security Discusses the implication of classical economic theories under the context of digitization, as well as the impact of rapid digitization on the future of value Analyzes the fundamental attributes and measurable characteristics of digital assets as economic goods Discusses the scope and measurement of digital economy Highlights cutting-edge risk measurement practices regarding cybersecurity risk management Introduces novel concepts, models, and theories, including opportunity value, Digital Valuation Model, six laws of digital theory of value, Cyber Risk Quadrant, and most importantly, cyber risk measures hekla and bitmort Introduces cybernomics, that is, the integration of cyber risk management and economics to study the requirements of a databank in order to improve risk analytics solutions for (1) the valuation of digital assets, (2) the measurement of risk exposure of digital assets, and (3) the capital optimization for managing residual cyber risK Provides a case study on cyber insurance

Digital Asset Valuation and Cyber Risk Measurement

Keyun Ruan
Digital Asset Valuation and Cyber Risk Measurement Book PDF

Author : Keyun Ruan
Publisher : Unknown
Page : 200 pages
File Size : 44,7 Mb
Release : 2019
Category : Computer security
ISBN : OCLC:1125068456

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Digital Asset Valuation and Cyber Risk Measurement by Keyun Ruan Pdf

Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modeling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this megatrend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modeling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control, and return, each of which are viewed from the perspective of entity (e.g., individual, organization, business), portfolio (e.g., industry sector, nation-state), and global ramifications. Establishing adequate, holistic, and statistically robust data points on the entity, portfolio, and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era. Comprehensive literature review on existing digital asset valuation models, cyber risk management methods, security control frameworks, and economics of information security Discusses the implication of classical economic theories under the context of digitization, as well as the impact of rapid digitization on the future of value Analyzes the fundamental attributes and measurable characteristics of digital assets as economic goods Discusses the scope and measurement of digital economy Highlights cutting-edge risk measurement practices regarding cybersecurity risk management Introduces novel concepts, models, and theories, including opportunity value, Digital Valuation Model, six laws of digital theory of value, Cyber Risk Quadrant, and most importantly, cyber risk measures hekla and bitmort Introduces cybernomics, that is, the integration of cyber risk management and economics to study the requirements of a databank in order to improve risk analytics solutions for (1) the valuation of digital assets, (2) the measurement of risk exposure of digital assets, and (3) the capital optimization for managing residual cyber ris ...

Managing Cyber Risk

Ariel Evans
Managing Cyber Risk Book PDF

Author : Ariel Evans
Publisher : Routledge
Page : 134 pages
File Size : 50,6 Mb
Release : 2019-03-28
Category : Business & Economics
ISBN : 9780429614262

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Managing Cyber Risk by Ariel Evans Pdf

Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level.

Solving Cyber Risk

Andrew Coburn,Eireann Leverett,Gordon Woo
Solving Cyber Risk Book PDF

Author : Andrew Coburn,Eireann Leverett,Gordon Woo
Publisher : John Wiley & Sons
Page : 384 pages
File Size : 43,6 Mb
Release : 2018-12-12
Category : Business & Economics
ISBN : 9781119490913

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Solving Cyber Risk by Andrew Coburn,Eireann Leverett,Gordon Woo Pdf

The non-technical handbook for cyber security risk management Solving Cyber Risk distills a decade of research into a practical framework for cyber security. Blending statistical data and cost information with research into the culture, psychology, and business models of the hacker community, this book provides business executives, policy-makers, and individuals with a deeper understanding of existing future threats, and an action plan for safeguarding their organizations. Key Risk Indicators reveal vulnerabilities based on organization type, IT infrastructure and existing security measures, while expert discussion from leading cyber risk specialists details practical, real-world methods of risk reduction and mitigation. By the nature of the business, your organization’s customer database is packed with highly sensitive information that is essentially hacker-bait, and even a minor flaw in security protocol could spell disaster. This book takes you deep into the cyber threat landscape to show you how to keep your data secure. Understand who is carrying out cyber-attacks, and why Identify your organization’s risk of attack and vulnerability to damage Learn the most cost-effective risk reduction measures Adopt a new cyber risk assessment and quantification framework based on techniques used by the insurance industry By applying risk management principles to cyber security, non-technical leadership gains a greater understanding of the types of threat, level of threat, and level of investment needed to fortify the organization against attack. Just because you have not been hit does not mean your data is safe, and hackers rely on their targets’ complacence to help maximize their haul. Solving Cyber Risk gives you a concrete action plan for implementing top-notch preventative measures before you’re forced to implement damage control.

Risk Assessment for Asset Owners

Alan Calder,Steve Watkins
Risk Assessment for Asset Owners Book PDF

Author : Alan Calder,Steve Watkins
Publisher : IT Governance Ltd
Page : 46 pages
File Size : 50,8 Mb
Release : 2007
Category : BUSINESS & ECONOMICS
ISBN : 9781905356294

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Risk Assessment for Asset Owners by Alan Calder,Steve Watkins Pdf

Risk assessment is at the heart of risk management, and the two together form the core competences of information security management. This title is a guide to the ISO27001 risk assessment, designed to assist asset owners and others who are working within an ISO27001/ISO17799 framework to deliver a qualitative risk assessment. It conforms with the guidance provided in BS7799-3:2006 and NIST SP 800-30.

Digital Asset Custody

Daniel Locke
Digital Asset Custody Book PDF

Author : Daniel Locke
Publisher : Independently Published
Page : 0 pages
File Size : 55,9 Mb
Release : 2024-01-12
Category : Computers
ISBN : 9798875676963

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Digital Asset Custody by Daniel Locke Pdf

"Digital Asset Custody: Securely Managing the Future of Value" is a comprehensive guide to the critical aspects of managing digital assets securely. From understanding digital assets and the role of custodians to exploring technological fundamentals, advanced security measures, compliance, regulatory considerations, and emerging trends, this book offers valuable insights for individuals and institutions involved in digital asset management. Whether you are an industry professional or an enthusiast, this book provides a thorough understanding of the complexities and best practices in digital asset custody.

Cybercurrency Law

Edward J. Swan
Cybercurrency Law Book PDF

Author : Edward J. Swan
Publisher : Unknown
Page : 0 pages
File Size : 53,6 Mb
Release : 2023-05-11
Category : Electronic
ISBN : 940354306X

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Cybercurrency Law by Edward J. Swan Pdf

Digital assets are increasingly becoming subject to national and international regulatory scrutiny. This timely book provides an overview of how, as digital asset markets expand, governments in a wide range of jurisdictions are responding to them. In addition to chapters on specific urgent challenges of regulating cybercurrency activity, there are separate chapters detailing regulatory developments and trends in each of eight major jurisdictions--the United States, the European Union, the United Kingdom, China, India, Japan, South Korea, and Singapore--as well as a chapter on crypto regulation in a selection of other countries. The book thoroughly covers the impact of digital assets business-connected technologies on such important policy areas as the following: consumer protection; data privacy and security; financial stability and systemic risk; crime; national security; human rights; financial inclusion and equity; and energy demand and climate change. For each of these areas and more, steps taken to regulate the marketing of digital assets both generally and in each of the covered jurisdictions are extensively described, with information on applicable legal forums and remedies. Because the rapid evolution and volatility of the crypto markets have left regulators struggling to keep pace, this deeply researched and informed survey of current and trending regulatory measures taken worldwide will prove of inestimable value to practitioners and regulators handling any aspect of digital asset business and will remain of great worth for the foreseeable future.

How to Measure Anything in Cybersecurity Risk

Douglas W. Hubbard,Richard Seiersen
How to Measure Anything in Cybersecurity Risk Book PDF

Author : Douglas W. Hubbard,Richard Seiersen
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 51,6 Mb
Release : 2016-07-25
Category : Business & Economics
ISBN : 9781119085294

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How to Measure Anything in Cybersecurity Risk by Douglas W. Hubbard,Richard Seiersen Pdf

A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current "risk management" practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's "best practices" Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques.

Navigating the Digital Age

Matt Aiello,Philipp Amann,Mark Anderson,Brad Arkin,Kal Bittianda,Gary A. Bolles,Michal Boni,Robert Boyce,Mario Chiock,Gavin Colman,Alice Cooper,Tom Farley,George Finney,Ryan Gillis,Marc Goodman,Mark Gosling,Antanas Guoga,William Houston,Salim Ismail,Paul Jackson,Siân John,Ann Johnson,John Kindervag,Heather King,Mischel Kwon,Selena Loh LaCroix,Gerd Leonhard,Pablo Emilio Tamez López,Gary McAlum,Diane McCracken,Mark McLaughin,Danny McPherson,Stephen Moore,Robert Parisi,Sherri Ramsay,Max Randria,Mark Rasch,Yorck O. A. Reuber,Andreas Rohr,John Scimone,James Shira,Justin Somaini,Lisa J. Sotto,Jennifer Steffens,Megan Stifel,Ed Stroz,Ria Thomas,James C. Trainor,Rama Vedashree,Patric J. M. Versteeg,Nir Zuk,Naveen Zutshi
Navigating the Digital Age Book PDF

Author : Matt Aiello,Philipp Amann,Mark Anderson,Brad Arkin,Kal Bittianda,Gary A. Bolles,Michal Boni,Robert Boyce,Mario Chiock,Gavin Colman,Alice Cooper,Tom Farley,George Finney,Ryan Gillis,Marc Goodman,Mark Gosling,Antanas Guoga,William Houston,Salim Ismail,Paul Jackson,Siân John,Ann Johnson,John Kindervag,Heather King,Mischel Kwon,Selena Loh LaCroix,Gerd Leonhard,Pablo Emilio Tamez López,Gary McAlum,Diane McCracken,Mark McLaughin,Danny McPherson,Stephen Moore,Robert Parisi,Sherri Ramsay,Max Randria,Mark Rasch,Yorck O. A. Reuber,Andreas Rohr,John Scimone,James Shira,Justin Somaini,Lisa J. Sotto,Jennifer Steffens,Megan Stifel,Ed Stroz,Ria Thomas,James C. Trainor,Rama Vedashree,Patric J. M. Versteeg,Nir Zuk,Naveen Zutshi
Publisher : Unknown
Page : 332 pages
File Size : 44,6 Mb
Release : 2018-10-05
Category : Electronic
ISBN : 1732731802

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Navigating the Digital Age by Matt Aiello,Philipp Amann,Mark Anderson,Brad Arkin,Kal Bittianda,Gary A. Bolles,Michal Boni,Robert Boyce,Mario Chiock,Gavin Colman,Alice Cooper,Tom Farley,George Finney,Ryan Gillis,Marc Goodman,Mark Gosling,Antanas Guoga,William Houston,Salim Ismail,Paul Jackson,Siân John,Ann Johnson,John Kindervag,Heather King,Mischel Kwon,Selena Loh LaCroix,Gerd Leonhard,Pablo Emilio Tamez López,Gary McAlum,Diane McCracken,Mark McLaughin,Danny McPherson,Stephen Moore,Robert Parisi,Sherri Ramsay,Max Randria,Mark Rasch,Yorck O. A. Reuber,Andreas Rohr,John Scimone,James Shira,Justin Somaini,Lisa J. Sotto,Jennifer Steffens,Megan Stifel,Ed Stroz,Ria Thomas,James C. Trainor,Rama Vedashree,Patric J. M. Versteeg,Nir Zuk,Naveen Zutshi Pdf

Welcome to the all-new second edition of Navigating the Digital Age. This edition brings together more than 50 leaders and visionaries from business, science, technology, government, aca¬demia, cybersecurity, and law enforce¬ment. Each has contributed an exclusive chapter designed to make us think in depth about the ramifications of this digi-tal world we are creating. Our purpose is to shed light on the vast possibilities that digital technologies present for us, with an emphasis on solving the existential challenge of cybersecurity. An important focus of the book is centered on doing business in the Digital Age-par¬ticularly around the need to foster a mu¬tual understanding between technical and non-technical executives when it comes to the existential issues surrounding cybersecurity. This book has come together in three parts. In Part 1, we focus on the future of threat and risks. Part 2 emphasizes lessons from today's world, and Part 3 is designed to help you ensure you are covered today. Each part has its own flavor and personal¬ity, reflective of its goals and purpose. Part 1 is a bit more futuristic, Part 2 a bit more experiential, and Part 3 a bit more practical. How we work together, learn from our mistakes, deliver a secure and safe digital future-those are the elements that make up the core thinking behind this book. We cannot afford to be complacent. Whether you are a leader in business, government, or education, you should be knowledgeable, diligent, and action-oriented. It is our sincerest hope that this book provides answers, ideas, and inspiration.If we fail on the cybersecurity front, we put all of our hopes and aspirations at risk. So we start this book with a simple proposition: When it comes to cybersecurity, we must succeed.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

El Bachir Boukherouaa,Mr. Ghiath Shabsigh,Khaled AlAjmi,Jose Deodoro,Aquiles Farias,Ebru S Iskender,Mr. Alin T Mirestean,Rangachary Ravikumar
Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance Book PDF

Author : El Bachir Boukherouaa,Mr. Ghiath Shabsigh,Khaled AlAjmi,Jose Deodoro,Aquiles Farias,Ebru S Iskender,Mr. Alin T Mirestean,Rangachary Ravikumar
Publisher : International Monetary Fund
Page : 35 pages
File Size : 48,7 Mb
Release : 2021-10-22
Category : Business & Economics
ISBN : 9781589063952

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Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance by El Bachir Boukherouaa,Mr. Ghiath Shabsigh,Khaled AlAjmi,Jose Deodoro,Aquiles Farias,Ebru S Iskender,Mr. Alin T Mirestean,Rangachary Ravikumar Pdf

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Computers at Risk

National Research Council,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Commission on Physical Sciences, Mathematics, and Applications,System Security Study Committee
Computers at Risk Book PDF

Author : National Research Council,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Commission on Physical Sciences, Mathematics, and Applications,System Security Study Committee
Publisher : National Academies Press
Page : 320 pages
File Size : 42,6 Mb
Release : 1990-02-01
Category : Computers
ISBN : 9780309043885

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Computers at Risk by National Research Council,Division on Engineering and Physical Sciences,Computer Science and Telecommunications Board,Commission on Physical Sciences, Mathematics, and Applications,System Security Study Committee Pdf

Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy.

Transforming Cybersecurity: Using COBIT 5

ISACA
Transforming Cybersecurity Using COBIT 5 Book PDF

Author : ISACA
Publisher : ISACA
Page : 190 pages
File Size : 50,9 Mb
Release : 2013-06-18
Category : Business enterprises
ISBN : 9781604203417

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Transforming Cybersecurity: Using COBIT 5 by ISACA Pdf

The cost and frequency of cybersecurity incidents are on the rise, is your enterprise keeping pace? The numbers of threats, risk scenarios and vulnerabilities have grown exponentially. Cybersecurity has evolved as a new field of interest, gaining political and societal attention. Given this magnitude, the future tasks and responsibilities associated with cybersecurity will be essential to organizational survival and profitability. This publication applies the COBIT 5 framework and its component publications to transforming cybersecurity in a systemic way. First, the impacts of cybercrime and cyberwarfare on business and society are illustrated and put in context. This section shows the rise in cost and frequency of security incidents, including APT attacks and other threats with a critical impact and high intensity. Second, the transformation addresses security governance, security management and security assurance. In accordance with the lens concept within COBIT 5, these sections cover all elements of the systemic transformation and cybersecurity improvements.

Effective Model-Based Systems Engineering

John M. Borky,Thomas H. Bradley
Effective Model Based Systems Engineering Book PDF

Author : John M. Borky,Thomas H. Bradley
Publisher : Springer
Page : 779 pages
File Size : 46,9 Mb
Release : 2018-09-08
Category : Technology & Engineering
ISBN : 9783319956695

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Effective Model-Based Systems Engineering by John M. Borky,Thomas H. Bradley Pdf

This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques.

Investment Valuation

Aswath Damodaran
Investment Valuation Book PDF

Author : Aswath Damodaran
Publisher : John Wiley & Sons
Page : 1014 pages
File Size : 41,9 Mb
Release : 2002-01-31
Category : Business & Economics
ISBN : 0471414905

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Investment Valuation by Aswath Damodaran Pdf

Valuation is a topic that is extensively covered in business degree programs throughout the country. Damodaran's revisions to "Investment Valuation" are an addition to the needs of these programs.

Using the IBM Security Framework and IBM Security Blueprint to Realize Business-Driven Security

Axel Buecker,Saritha Arunkumar,Brian Blackshaw,Martin Borrett,Peter Brittenham,Jan Flegr,Jaco Jacobs,Vladimir Jeremic,Mark Johnston,Christian Mark,Gretchen Marx,Stefaan Van Daele,Serge Vereecke,IBM Redbooks
Using the IBM Security Framework and IBM Security Blueprint to Realize Business Driven Security Book PDF

Author : Axel Buecker,Saritha Arunkumar,Brian Blackshaw,Martin Borrett,Peter Brittenham,Jan Flegr,Jaco Jacobs,Vladimir Jeremic,Mark Johnston,Christian Mark,Gretchen Marx,Stefaan Van Daele,Serge Vereecke,IBM Redbooks
Publisher : IBM Redbooks
Page : 240 pages
File Size : 45,5 Mb
Release : 2014-02-06
Category : Computers
ISBN : 9780738437897

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Using the IBM Security Framework and IBM Security Blueprint to Realize Business-Driven Security by Axel Buecker,Saritha Arunkumar,Brian Blackshaw,Martin Borrett,Peter Brittenham,Jan Flegr,Jaco Jacobs,Vladimir Jeremic,Mark Johnston,Christian Mark,Gretchen Marx,Stefaan Van Daele,Serge Vereecke,IBM Redbooks Pdf

Security is a major consideration in the way that business and information technology systems are designed, built, operated, and managed. The need to be able to integrate security into those systems and the discussions with business functions and operations exists more than ever. This IBM® Redbooks® publication explores concerns that characterize security requirements of, and threats to, business and information technology (IT) systems. This book identifies many business drivers that illustrate these concerns, including managing risk and cost, and compliance to business policies and external regulations. This book shows how these drivers can be translated into capabilities and security needs that can be represented in frameworks, such as the IBM Security Blueprint, to better enable enterprise security. To help organizations with their security challenges, IBM created a bridge to address the communication gap between the business and technical perspectives of security to enable simplification of thought and process. The IBM Security Framework can help you translate the business view, and the IBM Security Blueprint describes the technology landscape view. Together, they can help bring together the experiences that we gained from working with many clients to build a comprehensive view of security capabilities and needs. This book is intended to be a valuable resource for business leaders, security officers, and consultants who want to understand and implement enterprise security by considering a set of core security capabilities and services.