Enterprise Information Technology Security: Risk Management Perspective

Artur Rot · 2009

The risk connected with the wide application of information technologies in business grows together with the increase of enterprise's correlation from its customers, business partners and outsourced operations. Technological progress generates dependencies which evoke growth of diversities, complexity, non-descriptiveness and quantity of risk factors. In insufficient investments on information security the issue of IT risk management becomes more significant, concentrating on searching optimal proportion between threats and costs of IT systems protections. In such a dynamic development of Information Technologies the time needed for appropriate reaction on risk is decidedly shortened. The lack of appropriate preparation may lead the company to collapse, thus appropriate reaction on risk constitutes about possibilities of survival and development of enterprise. The problem of IT risk management is very complex issue. One of the most important stages of this process is risk analysis, used for optimization, and correctly for minimizations of losses connected with risk. The article presents the issue of IT security risk management, discusses the most significant stage of risk management which is IT security risk analysis. Chosen computer applications supporting these processes will be presented. Selected research connected with IT security risk management will be also discussed. used to gain competitive advantage. The implementation of Information Technology involves significant risks both from external sources and from the technology and process of implementation. Information Technology Risk management is the art of recognizing the existence of threats, determining their consequences on resources, and applying modifying factors in a cost-effective manner to keep adverse consequences within bounds. Big enterprises are constantly under pressure of different kinds of audits indicating its efficiency in the scope of fulfillment of different requirements concerning information security. Management of risk in the enterprise requires more complex, mutual dependencies embracing business partners, services and outsourcing activity, and also consultants,

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