Economics Research Paper Example | Topics and Well Written Essays - 250 words - 4

Economics - Research Paper Example The acquisition of this form of knowledge depends on the owners of business processes, as they are the only entities with the ability to evaluate and quantify the financial, operational and regulatory consequences of disruptions. The effects in reputation have remained difficult to calculate precisely and accurately. An elaborate analysis of information security risks should reflect the manner in which operations are affected and the manner in which time affects this impact since this is hardly ever a linear function (Kairab, 2005). For instance, a service interruption that last for ten minutes may have negligible ramifications while a similar service interruption or breach that last for a longer time may have catastrophic effects on a business or a company. Information risk definition and quantification is founded on accessible and dependable data that is evaluated by people who are conversant with particular information security processes, they enable the assessment of the effects in a reasonable