Management of Security Risks – A Controlling Model for Banking Companies

Ulrich Faisst () and Oliver Prokein ()
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Ulrich Faisst: University of Augsburg
Oliver Prokein: University of Freiburg

Chapter 4 in Handbook on Information Technology in Finance, 2008, pp 73-93 from Springer

Abstract: Abstract Increasing virtualization of business processes and the cumulative adoption of ICT involved leverage the importance of security risks. The “Electronic Commerce Enquête IV” inquiry carried out in August 2004 concluded that the majority of German banking companies plan to increase the investments in ICT within the next two years (Sackmann and Strüker 2005).

Keywords: Operational Risk; Insurance Policy; Security Mechanism; Expected Loss; Security Risk (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1007/978-3-540-49487-4_4

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