Value focused approach to information systems risk management

Information Systems (IS) risk management is a challenge to every organization, in that they are exposed to cyber-attacks that bypass physical barriers. Organizations increase online business in order to remain competitive, but as a consequence their online exposure becomes greater. However their ris...

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Detalhes bibliográficos
Autor principal: Nunes, Sérgio (author)
Outros Autores: Dhillon, Gurpreet (author), Caldeira, Mário (author)
Formato: conferenceObject
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/24722
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/24722
Descrição
Resumo:Information Systems (IS) risk management is a challenge to every organization, in that they are exposed to cyber-attacks that bypass physical barriers. Organizations increase online business in order to remain competitive, but as a consequence their online exposure becomes greater. However their risk management practices and governance are inadequate in the face of increasing new threats and vulnerabilities. This paper presents a Multi- Objective Decision Model for assessing Information Systems Risks. The decision model is based on the values and perceptions of stakeholders. It uses the Value-Focused Thinking approach, as opposed to the predominant Alternative-Focused Thinking. The objectives serve as a basis for decision making in the context of Information Systems risk management in complex managerial situations