Math approach of implementing ISO 27001

Stoica Liviu Adrian () and Candoi-Savu Robert Adrian ()
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Stoica Liviu Adrian: Bucharest University of Economic Studies, Bucharest, Romania
Candoi-Savu Robert Adrian: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2020, vol. 14, issue 1, 521-530

Abstract: The objective of this paper work is to create a mathematical approach that can quantify the need of implementing the ISO 27001 in a company and the actual benefits of doing so. The scope is to identify the factors that determine vulnerabilities, what damages are caused by these factors, the risk and impact level of the factors. The approach is from the point of view of costs caused by implementing the standard compared with costs of potential damage by not implementing.

Keywords: Vulnerability; Analysis; Cost; Risk; Impact; ISO27001 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:14:y:2020:i:1:p:521-530:n:49

DOI: 10.2478/picbe-2020-0049

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