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  • 1.
    Dehkhoda, Dorna
    Luleå University of Technology, Department of Computer Science, Electrical and Space Engineering.
    Combining IRAM2 with Cost-BenefitAnalysis for Risk Management: Creating a hybrid method with traditional and economic aspects2018Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    The aim of this thesis is to contribute to the risk methodology field by introducing a method

    that covers both economic and information security aspects. The aim is to provide a way for

    practitioners to get results that is enough for decision makers to make valid and well-grounded

    decisions. There are a lot of traditional risk assessment methods that focus on information

    security. There are also CBA (Cost-Benefit Analysis) methods that are used to make sure

    investments are cost-effective and provide value for the organization. The aim of this thesis is to

    combine those and see if they can be merged to one risk assessment method to increase the

    value of the result. CBA will be added to a more traditional risk assessment method called

    IRAM2. The thesis will evaluate if they are suited to be used together and if it provides a more

    valuable result when combining them than only using one of them. The research method that

    has been used in this study is ADR. It has been used as a way of working when producing a new

    hybrid method together with some design principles regarding how to combine traditional risk

    management with economic equations.

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