An analysis on effects of information security investments: a BSC perspective

Hee-Kyung Kong (), Tae-Sung Kim () and Jungduk Kim ()
Additional contact information
Hee-Kyung Kong: Electronics and Telecommunications Research Institute
Tae-Sung Kim: Chungbuk National University
Jungduk Kim: Chung-Ang University

Journal of Intelligent Manufacturing, 2012, vol. 23, issue 4, No 4, 953 pages

Abstract: Abstract With the growing importance of information security due to the arrival of information society and the spread of the internet, information security is emerging as a tool to guarantee competitive advantage and is at the same time an indispensable requirement for stable business execution for companies and organizations. Additionally, the value of tangible and intangible assets that need to be protected as components of corporate assets are on the rise, where the importance of efficient and effective information asset management and information security investment is increasing for the organizations and companies managing them. However, despite an increase in the information security investment of an organization, there is a lack of systematic methodology pertaining to performance appraisals, which makes decision-making activities and determining means of improvement difficult. The existing financially focused information security investment is inadequate for systematic analyses and understanding due to the opportunity cost type characteristics of information security investment and the difficulty involved in presenting future strategic direction. This paper, considering the characteristics of the effects of information security investment, analyzes from a balanced score card perspective information security investment strategies and performance relationships. In short, critical success factors and key performance indicators are initially obtained from previous research related to information security investment, and the data collected through surveys at related companies and organizations are empirically analyzed utilizing the structural equation model.

Keywords: Information security investments; Balanced score card (BSC); Empirical analysis; Structural equation model (SEM); Critical success factors (CSF); Key performance indicators (KPI) (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://link.springer.com/10.1007/s10845-010-0402-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:joinma:v:23:y:2012:i:4:d:10.1007_s10845-010-0402-7

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10845

DOI: 10.1007/s10845-010-0402-7

Access Statistics for this article

Journal of Intelligent Manufacturing is currently edited by Andrew Kusiak

More articles in Journal of Intelligent Manufacturing from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().