By Tobias Ackermann
This e-book offers a entire conceptualization of perceived IT safety possibility within the Cloud Computing context that's in line with six distinctive possibility dimensions grounded on a based literature overview, Q-sorting, professional interviews, and research of information accumulated from 356 firms. also, the results of safeguard hazards on unfavourable and confident attitudinal reviews in IT executives' Cloud Computing adoption judgements are tested. The book’s moment half offers a mathematical danger quantification framework that may be used to aid the IT danger administration strategy of Cloud Computing clients. the consequences help the danger administration strategies of (potential) adopters, and permit services to enhance exact ideas to mitigate hazards perceived as crucial.
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Wolke, 2008, pp. 3–5; Beinhauer and Filiz, 2009, p. 91; Buxmann and Ackermann, 2010, p. 14): identification, quantification, treatment, as well as review and evaluation. For a more detailed process with seven phases see, e. , Wheeler (2011, p. 46). An overview and comparison of nine different risk management approaches is given by Schlaak et al. (2008). In the following sections, the common four phases of the IT risk management process are discussed in more detail. 1 Risk Identification The risk identification phase should result in the definition of relevant IT risks as well as the categorization of existing threats (i.
Therefore, they can be categorized as shortfall-oriented views of risk. The often-used definition of risk by Boehm (1991, p. 33) also focuses on avoiding losses: “Risk exposure (RE) is the probability (P) of an unsatisfactory outcome (UO) times the loss (L) to the parties if the outcome is unsatisfactory”. This definition matches the definition given by Cunningham (1967, p. 3. Eckert (2006, p. 16) also describes risks from the shortfall-oriented perspective because she defines risks as the occurrence probability and amount of damages or losses.
To assure the quality of the keywords, the selection was done iteratively by sending test queries to the databases and by adding multiple synonyms and plural forms. For the terms related to IT outsourcing, we added commonly mentioned service models, and according acronyms, such as Cloud Computing, Softwareas-a-Service, ASP, and SaaS. an=1&subarticlenbr=432 [2012-03-14] The keywords “IS” and “IT” have only been used with scientific databases that do not treat “is” and “it” as stop words. We used hyphens whenever possible, e.