2014
DOI: 10.1111/risa.12195
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Using Incident Response Trees as a Tool for Risk Management of Online Financial Services

Abstract: The article introduces the use of probabilistic risk assessment for modeling the incident response process of online financial services. The main contribution is the creation of incident response trees, using event tree analysis, which provides us with a visual tool and a systematic way to estimate the probability of a successful incident response process against the currently known risk landscape, making it possible to measure the balance between front-end and back-end security measures. The model is presente… Show more

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Cited by 6 publications
(2 citation statements)
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“…In the case of smart city activities, individual dimensions of activities have specific advantages and disadvantages. Smart solutions provide long-term benefits, ensure a balance between the availability of modern intelligent solutions and the sense of security among residents, the sense of privacy and freedom cannot be disturbed [78][79][80][81].…”
Section: Discussionmentioning
confidence: 99%
“…In the case of smart city activities, individual dimensions of activities have specific advantages and disadvantages. Smart solutions provide long-term benefits, ensure a balance between the availability of modern intelligent solutions and the sense of security among residents, the sense of privacy and freedom cannot be disturbed [78][79][80][81].…”
Section: Discussionmentioning
confidence: 99%
“…As the risk-benefit ratio is not favorable (Dugato, 2014), professional criminal activity is moving toward less risky objectives with greater opportunities (Dugato, 2014;EBF, 2010EBF, , 2011Haran & Martin, 1977). In this sense, cyber bank robberies are becoming more frequent, which has attracted the attention of a considerable number of researchers such as Hole, Moen and Tjostheim (2006), Lesk (2011), Sood and Enbody (2013), Gorton (2014) or Damenu and Beaumont (2017), among others.…”
mentioning
confidence: 99%