scholarly journals Leaders’ Perspectives on IoT Security Risk Management Strategies in Surveyed Organizations Relative to IoTSRM2

2021 ◽  
Vol 11 (19) ◽  
pp. 9206
Author(s):  
Traian Mihai Popescu ◽  
Alina Madalina Popescu ◽  
Gabriela Prostean
Keyword(s):  
Risk Management ◽  
Survey Methodology ◽  
Management Strategies ◽  
Business Environment ◽  
Security Risk ◽  
Iot Security ◽  
Current State ◽  
Risk Management Strategies ◽  
Survey Results ◽  
Security Risk Management

In the COVID-19 and post-pandemic business environment, leveraging robust Internet of Things (IoT) security risk management strategies becomes of particular importance to IoT adopters. Thus, given that no research study was found to exclusively focus on the current state of IoT security risk management strategies in organizations, this article aims to support IoT security practitioners to peer benchmark and enhance their IoT security risk management strategies. In a nutshell, this study relies on a mixed methods research methodology, and its main contribution is the determination of the current state of the IoT security risk management strategies in the surveyed organizations relative to our IoT Security Risk Management Strategy Reference Model (IoTSRM2). Hence, this study entails designing and conducting a survey, analyzing survey responses, and reporting survey results based on our IoTSRM2 and proposed three-phased survey methodology. Furthermore, before discussing the related work, this article provides our survey results for the surveyed large and small-medium organizations, the surveyed large organizations, and the surveyed large Technology, Media, and Telecom (TMT) organizations. For instance, our results reveal that while most surveyed organizations perform IoT risk assessments and focus on IoT infrastructure resilience, they fail in strategizing IoT governance and risk management, among others.

scholarly journals IoT Security Risk Management Strategy Reference Model (IoTSRM2)

2021 ◽  
Vol 13 (6) ◽  
pp. 148
Author(s):  
Traian Mihai Popescu ◽  
Alina Madalina Popescu ◽  
Gabriela Prostean
Keyword(s):  
Risk Management ◽  
Management Strategy ◽  
Reference Model ◽  
Management Strategies ◽  
Critical Evaluation ◽  
Security Risk ◽  
Risk Management Strategy ◽  
Iot Security ◽  
Risk Management Strategies ◽  
Security Risk Management

Nowadays, Internet of Things (IoT) adoptions are burgeoning and deemed the lynchpin towards achieving ubiquitous connectivity. In this context, defining and leveraging robust IoT security risk management strategies are paramount for secure IoT adoptions. Thus, this study aims to support IoT adopters from any sector to formulate or reframe their IoT security risk management strategies to achieve robust strategies that effectively address IoT security issues. In a nutshell, this article relies on a mixed methods research methodology and proposes a reference model for IoT security risk management strategy. The proposed IoT security risk management strategy reference model (IoTSRM2) relies on the 25 selected IoT security best practices which are outlined using a proposed taxonomic hierarchy, and on the proposed three-phased methodology that consists of nine steps and outputs. The main contribution of this work is the proposed IoTSRM2 which consists of six domains, 16 objectives, and 30 prioritized controls. Furthermore, prior to providing the related work, this article provides a critical evaluation of selected informative references of IoTSRM2 based on their percentage-wise linkage to the IoTSRM2 domains and to the entire IoTSRM2. The findings of the critical evaluation illustrate, inter alia, the selected informative references that are the top three most and least linked to the entire IoTSRM2.

Evaluating the Risks Associated with Supply Chain Agility of an Enterprise

2017 ◽  
Vol 4 (3) ◽  
pp. 15-34 ◽  
Author(s):  
Anirban Ganguly ◽  
Debdeep Chatterjee ◽  
Harish V. Rao
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Management Strategies ◽  
Research Process ◽  
Business Environment ◽  
Decision Makers ◽  
Intense Competition ◽  
Agile Supply Chain ◽  
Supply Chain Agility ◽  
Risk Management Strategies

In the present day, business environment marked by intense competition and uncertainties, the ability of an organization and its supply chain to respond quickly to an unforeseen change in the business environment forms the key to its sustenance in the market. Since an agile supply chain comprises of a plethora of components, it is imperative that there should be a set of uncertainties associated with its functioning. The purpose of this paper is to evaluate a set of critical risks associated with the agility of an organization's supply chain. Identification and prioritization of the risks to assess their relative criticality form the backbone of the research process. This research is expected to aid the decision-makers develop robust risk management strategies as related to their organizational supply chain agility, thereby ensuring their growth and sustainability in the market.

scholarly journals IoT Security Risk Management Model for Secured Practice in Healthcare Environment

2019 ◽  
Vol 161 ◽  
pp. 1241-1248 ◽  
Author(s):  
Huraizah Zakaria ◽  
Nur Azaliah Abu Bakar ◽  
Noor Hafizah Hassan ◽  
Suraya Yaacob
Keyword(s):  
Risk Management ◽  
Management Model ◽  
Security Risk ◽  
Iot Security ◽  
Healthcare Environment ◽  
Security Risk Management

scholarly journals TAX SECURITY OF THE ENTERPRISE: RISKS, THREATS AND WAYS OF THEIR MINIMIZATION UNDER THE INFLUENCE OF COVID-19

2021 ◽  
Author(s):  
Serhii LEHENCHUK ◽  
Nataliia VALINKEVYCH ◽  
Olena HRYHOREVSKA ◽  
Iryna VYHIVSKA
Keyword(s):  
Risk Management ◽  
Business Environment ◽  
Security Risk ◽  
Security Risks ◽  
Global Epidemic ◽  
General Scientific ◽  
Business Entities ◽  
Security Risk Management ◽  
The Impact ◽  
National Practice

Purpose of the article is the actualization of problematic issues related to the identification of risks and threats to the tax security of the enterprise, which is a trigger for the probable onset of the “fiscal crisis” and is a consequence of COVID-19. Research methodology – The article used general scientific research methods (observation, comparison, modeling, generalization), methods of tax risk management were used for minimizing the impact of COVID-19 on the activities of enterprises and extrapolation method was used for identifying the stages of tax security risk management. Findings – The generalization of factual material and statistical data allowed to establish that in modern conditions of business environment development the main threats to tax security of the enterprise were the probability of global epidemic risk, the risk of military collaboration, the risk of management failure and effective risk of social destabilization. Practical implications – It has been recommended to take actions in the field of minimizing tax security risks taking into account the implementation of the Fiscal Roadmap for economic recovery. Research limitations – One of the main limitations of this study is that the main proposals of the article are formed taking into account the peculiarities of the tax system of Ukraine. Originality/Value – consists in identifying the impact of general state policy on minimizing tax risks of business entities as a result of assessing the experience of minimizing tax risks in the context of Covid-19 based on Ukrainian national practice.

Evaluating the Risks Associated with Supply Chain Agility of an Enterprise

2020 ◽  
pp. 1546-1567
Author(s):  
Anirban Ganguly ◽  
Debdeep Chatterjee ◽  
Harish V. Rao
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Management Strategies ◽  
Research Process ◽  
Business Environment ◽  
Decision Makers ◽  
Intense Competition ◽  
Agile Supply Chain ◽  
Supply Chain Agility ◽  
Risk Management Strategies

In the present day, business environment marked by intense competition and uncertainties, the ability of an organization and its supply chain to respond quickly to an unforeseen change in the business environment forms the key to its sustenance in the market. Since an agile supply chain comprises of a plethora of components, it is imperative that there should be a set of uncertainties associated with its functioning. The purpose of this paper is to evaluate a set of critical risks associated with the agility of an organization's supply chain. Identification and prioritization of the risks to assess their relative criticality form the backbone of the research process. This research is expected to aid the decision-makers develop robust risk management strategies as related to their organizational supply chain agility, thereby ensuring their growth and sustainability in the market.

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