• DocumentCode
    1784716
  • Title

    The cost of a crisis in an Irregular Dynamic Data Space

  • Author

    Petrantonakis, Pavlos M.

  • Author_Institution
    Dept. of Inf., Univ. of Piraeus, Piraeus, Greece
  • fYear
    2014
  • fDate
    7-9 July 2014
  • Firstpage
    306
  • Lastpage
    310
  • Abstract
    During the last decade there was a rapid development on many aspects of the Economy. Many areas of human daily life have been mutated. New socioeconomic Systems have appeared. A variety of sensitive areas, such as Defense, Health and Education, have been influenced. The structure of modern Systems became more complicated. Moreover, the Areas, where they operate, became more hostile. This Irregularity allowed the appearance of a huge number of dangers, which threat the Systems. It is essential to predict the dangers that an Information System has to face due to its importance. The aim of this paper is to study the dangers that threat an information system to collapse. Firstly, the structure of the modern western economical business organizations is presented. Secondly, the lack of security, and the dangers that they have to face during their operation are analyzed. In addition, an analysis of the potential risk that a digitalized business operation, which is supported by electronic means and the lack of methods of minimizing danger, is presented. Furthermore, a model of minimizing the recovery cost of a materialized threat will be presented based on the Assignment Problem. Finally, the cost of a crisis will be calculated presenting a formula of estimating the potential loss of data.
  • Keywords
    costing; data handling; information systems; socio-economic effects; Western economical business organizations; assignment problem; crisis cost; digitalized business operation; economy aspect; information system; irregular dynamic data space; socioeconomic systems; Accuracy; Business; Education; Face; Information systems; Materials; Programming; Crisis Management; Disasters; Irregular Dynamic Data Spaces; Recovery; Risk Analysis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information, Intelligence, Systems and Applications, IISA 2014, The 5th International Conference on
  • Conference_Location
    Chania
  • Type

    conf

  • DOI
    10.1109/IISA.2014.6878737
  • Filename
    6878737