Title :
Toward Risk Assessment of Large-Impact and Rare Events
Author :
Hole, Kjell J. ; Netland, Lars-Helge
Author_Institution :
Univ. of Bergen, Bergen, Norway
Abstract :
Traditional risk assessment methods underestimate the risks of large-impact, hard-to-predict, and rare events in information systems. An alternative approach extends these methods to better evaluate risks associated with black and gray swans.
Keywords :
information systems; risk management; black swan risk evaluation; gray swan risk evaluation; information systems; risk assessment method; LHR; and rare events; black swan; gray swan; hard-to-predict; identity systems; large-impact; risk assessment;
Journal_Title :
Security & Privacy, IEEE
DOI :
10.1109/MSP.2010.55
