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Security

Security is the discipline of using effective protection measures to safeguard important assets from abuse. In other words, “security” is about protecting important things. Protection involves not just mechanisms (such as locks and doors), but also proper selection and use of mechanisms.

Properly applied, the various disciplines of information security really come down to risk management that is not fundamentally different from risk management in other situations such as finance and insurance.

In learning how to think constructively about managing risks, often the following common sense vocabulary is used:

Asset: something important that needs protection

Risk: likelihood of threat leading to actual abuse

Cost (1): reduction in value of abused asset

Cost (2): amount of resources required to use security measures to protect an asset

Benefit: the value of a security measure

It would be great if these terms – asset, value, threat, risk, cost, benefit – could be used scientifically, but when it comes to information systems, most of them are pretty squishy. Nevertheless, even a “best guess” is remarkably useful. If guesses about relative va

. . .
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Approximate Word count = 4410
Approximate Pages = 18 (250 words per page double spaced)

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