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Forget ROI and Risk. Consider Competitive Advantage
by Richard Bejtlich
I note the line that so many of us in the InfoSec business have encountered and complained about …
As we’ve seen during the last few years, “risk” has turned out to be a dead end too. The numbers mean nothing. Even if you could somehow measure risk, it’s easy enough for managers to accept a higher level of risk than the security manager.
But so many ‘authorities’ – ISO-2700x, ISACA’s COBIT, ValIT and RiskIT as well as its Professional Practices – all focus on Risk Analysis.
We’ve recently seen mention of NIST 800-30.
There on page 9 a nine-step (why not 12-step?) program for what they call “Risk Assessment”. Actually it isn’t; it involves controls and results. I makes it look sooooo simple! But as many practitioners have pointed out, in many ways, its not like that in reality. Many of us question if its doable.
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