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Cyber Risk Quantification
Cyber risk quantification involves the application of risk quantification techniques to an organization's cybersecurity risk. Cyber risk quantification is the process of evaluating the cyber risks that have been identified and then validating, measuring and analyzing the available cyber data using mathematical modeling techniques to accurately represent the organization's cybersecurity environment in a manner that can be used to make informed cybersecurity infrastructure investment and risk transfer decisions. Cyber risk quantification is a supporting activity to cybersecurity risk management; cybersecurity risk management is a component of enterprise risk management and is especially important in organizations and enterprises that are highly dependent upon their information technology (IT) networks and systems for their business operations. One method of quantifying cyber risk is the value-at-risk (VaR) method that is discussed at the January 2015 World Economic Forum meeting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cybersecurity
Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, theft of, or damage to hardware, software, or data, as well as from the disruption or misdirection of the services they provide. The field has become of significance due to the expanded reliance on computer systems, the Internet, and wireless network standards such as Bluetooth and Wi-Fi, and due to the growth of smart devices, including smartphones, televisions, and the various devices that constitute the Internet of things (IoT). Cybersecurity is one of the most significant challenges of the contemporary world, due to both the complexity of information systems and the societies they support. Security is of especially high importance for systems that govern large-scale systems with far-reaching physical effects, such as power distributi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of Data (computing), data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a Computer, computer system — including all Computer hardware, hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the ''Harvard Business Review''; authors Harold Leavitt, Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value-at-risk
Value at risk (VaR) is a measure of the risk of loss for investments. It estimates how much a set of investments might lose (with a given probability), given normal market conditions, in a set time period such as a day. VaR is typically used by firms and regulators in the financial industry to gauge the amount of assets needed to cover possible losses. For a given portfolio, time horizon, and probability ''p'', the ''p'' VaR can be defined informally as the maximum possible loss during that time after excluding all worse outcomes whose combined probability is at most ''p''. This assumes mark-to-market pricing, and no trading in the portfolio. For example, if a portfolio of stocks has a one-day 95% VaR of $1 million, that means that there is a 0.05 probability that the portfolio will fall in value by more than $1 million over a one-day period if there is no trading. Informally, a loss of $1 million or more on this portfolio is expected on 1 day out of 20 days (because of 5% proba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ProQuest
ProQuest LLC is an Ann Arbor, Michigan-based global information-content and technology company, founded in 1938 as University Microfilms by Eugene B. Power. ProQuest is known for its applications and information services for libraries, providing access to dissertations, theses, ebooks, newspapers, periodicals, historical collections, governmental archives, cultural archives,"Jisc and ProQuest Enable Access to Essential Digital Content" retrieved May 21, 2014 and other aggregated databases. This content was estimated to be around 125 billion digital pages, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Internet Security
The Center for Internet Security (CIS) is a 501(c)(3) nonprofit organization, formed in October, 2000. Its mission is to make the connected world a safer place by developing, validating, and promoting timely best practice solutions that help people, businesses, and governments protect themselves against pervasive cyber threats. The organization is headquartered in East Greenbush, New York, with members including large corporations, government agencies, and academic institutions. CIS employs a closed crowdsourcing model to identify and refine effective security measures, with individuals developing recommendations that are shared with the community for evaluation through a consensus decision-making process. At the national and international level, CIS plays an important role in forming security policies and decisions by maintaining the CIS Controls and CIS Benchmarks, and hosting the Multi-State Information Sharing and Analysis Center (MS-ISAC)Nazli Choucri, Stuart Madnick, and P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO/IEC 27001
ISO/IEC 27001 is an international standard to manage information security. The standard was originally published jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) in 2005, revised in 2013, and again most recently in 2022. There are also numerous recognized national variants of the standard. It details requirements for establishing, implementing, maintaining and continually improving an information security management system (ISMS) – the aim of which is to help organizations make the information assets they hold more secure. Organizations that meet the standard's requirements can choose to be certified by an accredited certification body following successful completion of an audit. The effectiveness of the ISO/IEC 27001 certification process and the overall standard has been addressed in a large-scale study conducted in 2020. How the standard works Most organizations have a number of information security ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO/IEC 27002
ISO/IEC 27002 is an information security standard published by the International Organization for Standardization (ISO) and by the International Electrotechnical Commission (IEC), titled ''Information security, cybersecurity and privacy protection — Information security controls''. The ISO/IEC 27000-series standards are descended from a corporate security standard donated by Shell to a UK government initiative in the early 1990s. The Shell standard was developed into British Standard BS 7799 in the mid-1990s, and was adopted as ISO/IEC 17799 in 2000. The ISO/IEC standard was revised in 2005, and renumbered ISO/IEC 27002 in 2007 to align with the other ISO/IEC 27000-series standards. It was revised again in 2013 and in 2022. Later in 2015 the ISO/IEC 27017 was created from that standard in order to suggest additional security controls for the cloud which were not completely defined in ISO/IEC 27002. ISO/IEC 27002 provides best practice recommendations on inform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NIST Cybersecurity Framework
NIST Cybersecurity Framework is a set of guidelines for mitigating organizational cybersecurity risks, published by the US National Institute of Standards and Technology (NIST) based on existing standards, guidelines, and practices. The framework "provides a high level taxonomy of cybersecurity outcomes and a methodology to assess and manage those outcomes", in addition to guidance on the protection of privacy and civil liberties in a cybersecurity context. It has been translated to many languages, and is used by several governments and a wide range of businesses and organizations. A 2016 study found that 70% of organizations surveyed see the NIST Cybersecurity Framework as a popular best practice for computer security, but many note that it requires significant investment. Overview The NIST Cybersecurity Framework is designed for individual businesses and other organizations to assess risks they face. Version 1.0 was published by the US National Institute of Standards and Tec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Security
Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, theft of, or damage to hardware, software, or data, as well as from the disruption or misdirection of the services they provide. The field has become of significance due to the expanded reliance on computer systems, the Internet, and wireless network standards such as Bluetooth and Wi-Fi, and due to the growth of smart devices, including smartphones, televisions, and the various devices that constitute the Internet of things (IoT). Cybersecurity is one of the most significant challenges of the contemporary world, due to both the complexity of information systems and the societies they support. Security is of especially high importance for systems that govern large-scale systems with far-reaching physical effects, such as power distrib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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