Improving organisational resilience through enterprise security risk management
John Petruzzi and
Rachelle Loyear
Journal of Business Continuity & Emergency Planning, 2016, vol. 10, issue 1, 44-56
Abstract:
Enterprise Security Risk Management (ESRM) is a new philosophy and method of managing security programmes through the use of traditional risk principles. As a philosophy and life cycle, ESRM is focused on creating a business partnership between security practitioners and business leaders to more effectively provide protection against security risks in line with acceptable risk tolerances as defined by business asset owners and stakeholders. This paper explores the basics of the ESRM philosophy and life cycle and also shows how embracing the ESRM philosophy and implementing a risk-based security management model in the business organisation can lead to higher levels of organisational resilience as desired by organisation leaders, executives and the board of directors.
Keywords: ESRM; security risk management; organisational resilience; security management philosophy (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2016:v:10:i:1:p:44-56
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