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.

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 ANALISIS MANAJEMEN RISIKO PEMBIAYAAN MURABAHAH DI PT BPRS ARTHA MADANI KANTOR PUSAT BEKASI

Paradigma ◽  
2020 ◽  
Vol 17 (2) ◽  
pp. 6-20
Author(s):  
Zahrina Wardatul Fawziyah ◽  
Isfandayani
Keyword(s):  
Risk Management ◽  
Management Strategy ◽  
Management Strategies ◽  
Islamic Banks ◽  
Risk Management Strategy ◽  
Strategy Analysis ◽  
Internal Factors ◽  
Legal Risk ◽  
Risk Management Strategies ◽  
Financing Risk

Risk management is an important effort that must be made by Islamic Banking to minimize risk. This research is a qualitative research and the methods used are interviews, documentation, and observation. The research objective was to determine the types of risks in murabahah financing and the strategy of PT. BPRS Artha Madani in overcoming these risks and to find out the analysis of the implementation of risk management strategies carried out by PT. BPRS Artha Madani Head Office Bekasi.Based on the results of the study it is known that the risk management strategy analysis of PT. BPRS Artha Madani using Bank Indonesia Regulation No. 13/23/PBI/2011 and 5 C principles consist of Character, Capacity, Capital, Collateral and Condition of Economy. However, despite implementing the risk management strategy, banks continue to experience risks, namely in the form of: credit risk (in Islamic banks called as financing risk), operational risk and legal risk due to bank internal factors in analyzing and external factors from customers.PT. BPRS Artha Madani in resolving troubled financing with intensive billing, reprimand to customers if they do not fulfill their obligations, make a restructuring by rescheduling, reconditioning and restructuring if the financing can still be normalized. However, if there is no hope and the Customer is not able to, then the solution is guaranteed that can be auctioned through litigation or non-litigation channels.

scholarly journals Risk Management Strategy on Shallot Farming in Bantul and Nganjuk Regency

2017 ◽  
Vol 1 (2) ◽  
pp. 080
Author(s):  
Fuad Hasan ◽  
Dwidjono Hadi Darwanto ◽  
Masyhuri Masyhuri ◽  
Witono Adiyoga
Keyword(s):  
Risk Management ◽  
Management Strategy ◽  
Management Strategies ◽  
Cropping Pattern ◽  
Risk Management Strategy ◽  
Chemical Fertilizers ◽  
Frequency Table ◽  
Ex Post ◽  
Risk Management Strategies ◽  
Chemical Pesticides

The objectives of this research were to understand farmers’ perception to risk and risk management strategy on shallot farming. The research was conducted in Bantul and Nganjuk Regency. The number of samples taken were 57 farmers in Bantul and 90 farmers in Nganjuk. Analysis used was frequency table that disaggregate based on agroecosystem and cropping pattern. The result showed that according to farmers’ perception, production and price risk were high. Farmer's decision to follow dominant cropping pattern and production system reflected on the ex ante risk management strategies done by the farmers as their own respection. In the interactive risk management strategies, farmers tended to use chemical fertilizers over chemical pesticides. In ex post risk management strategy, in the failure of shallot farming, they kept cultivating shallot that their capital got on cash and input for shallot farming.

scholarly journals Preventing laboratory-associated infections in the COVID-19 era: experience from a tertiary care infectious disease hospital in Southern Vietnam

2020 ◽  
Author(s):  
Man Dinh Nguyen Huy ◽  
Ngoc Nghiem My ◽  
Hoang Dang Minh ◽  
Trang Nguyen Hoa ◽  
Thao Duong Thi Phuong ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Management Strategy ◽  
Tertiary Care ◽  
Management Strategies ◽  
Cold Chain ◽  
Care Hospital ◽  
Risk Management Strategy ◽  
Risk Management Strategies ◽  
Monitoring Protocols

Abstract Background: Laboratory staff is at higher risk of infection owing to the handling and testing of coronavirus disease 2019 (COVID-19) patient samples. Reviewing the existing risk assessment and improving risk management are essential for preventing laboratory acquired infections (LAIs) related to Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2) testing during the COVID-19 epidemic. We present herein the steps taken to prevent LAIs related to SARS-CoV-2 testing in a tertiary care hospital in Vietnam. Methods: A SARS-CoV-2-focused risk assessment exercise was conducted for laboratory processes and workflow. Risk management strategies, including engineering, administrative and operations control procedures, were established. Standard operating procedure (SOP), staff training, COVID-19 symptom reporting, enhanced cleaning and decontamination, and inventory monitoring protocols were implemented. Sample reception and results reported from February 1, 2020 to September 17, 2020 were documented. Results: Based on risk assessment, a risk management strategy for SARS-CoV-2 testing was developed. This strategy includes the use of dedicated facility, instrument, and cold chain units for testing; SOPs; training (testing, decontamination and cleaning staff); the introduction of biosafety level (BSL)2+ laboratory practices; enhanced cleaning protocols for testing; and the assigning of additional staff for testing and safety system implementation. In total, 38,377 (daily mean and range: 166; 3 – 2,377) samples were received, including 301 (0.8%) samples that were rejected. The turnaround time (median ± standard deviation (SD)) was 3.54 ± 2.97 days. Altogether, 32 staff members were involved with SARS-CoV-2 testing and biosafety management, and there were no reports of COVID-19 symptoms among them. Conclusion: For epidemics and outbreak diagnostics, risk assessment and risk management strategies are important for the prevention of LAIs. Clear instruction on revised risk management protocols, necessary training, and leadership in risk management strategy implementation are essential.

scholarly journals Synchronized Agricultural Credit and Diversification Adoption to Catastrophic Risk Manage for Wheat Production in Punjab, Pakistan

2021 ◽  
Author(s):  
Dilshad Ahmad ◽  
Muhammad Afzal
Keyword(s):  
Risk Management ◽  
Regression Models ◽  
Management Strategy ◽  
Management Strategies ◽  
Probit Regression ◽  
Bivariate Probit ◽  
Risk Management Strategy ◽  
Agricultural Credit ◽  
Catastrophic Risk ◽  
Risk Management Strategies

Abstract Catastrophic risks caused severe affects on agricultural production particularly in developing countries due to consecutive occurrence of unfavorable climate events. Farmers adopt risk management strategies to minimize marketing, production and financial risks in agriculture. The purpose of this study is to investigate the potential association and implementing synchronized agricultural credit and diversification adoption to catastrophic risk manage for wheat production in Punjab, Pakistan. This study used stratified random sampling technique for collecting data of 480 wheat farmers’ respondents from production based categorized six districts of Punjab Pakistan. Multinomial and bivariate probit regression models were used in the study to examine the effects of farm and social feathers, disastrous risks farmers view and their attitude to sources of risk moreover potential relationship in agricultural credit and diversification as risk management strategy. Estimates of the study indicated the association in risk management strategies adoption while adopting single risk management strategy motivates farmers to adopt another strategy at same time. Furthermore, findings also indicated as farmer schooling, age, family return, ownership of land, farm size and farmer risk oppose character were highlighted the most influenced features for adopting various risk management strategies. Policy makers and state based authorities can be assisted by the accumulated information of multinomial and bivariate probit regression models in evaluating plans of risk management and willingness of farmer in accept government supported risk managing strategies in incidence of traditional practices for managing farmhouse risk.

scholarly journals Analisis Manajemen Risiko Pembiayaan Murabahah di PT BPRS Artha Madani Kantor Pusat Bekasi

2019 ◽  
Vol 10 (2) ◽  
pp. 81-101
Author(s):  
Zahrina Wardatul Fawziyah ◽  
Isfandayani -
Keyword(s):  
Risk Management ◽  
Management Strategy ◽  
Management Strategies ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Risk Management Strategy ◽  
Strategy Analysis ◽  
Legal Risk ◽  
Risk Management Strategies ◽  
Financing Risk

Risk management is an important effort that must be made by Islamic Banking to minimize risk.This research is a qualitative research and the methods used are interviews, documentation, andobservation. The research objective was to determine the types of risks in murabahah financing andthe strategy of PT. BPRS Artha Madani in overcoming these risks and to find out the analysis of theimplementation of risk management strategies carried out by PT. BPRS Artha Madani Head OfficeBekasi.Based on the results of the study it is known that the risk management strategy analysis of PT.BPRS Artha Madani using Bank Indonesia Regulation No. 13/23/PBI/2011 and 5 C principles consistof Character, Capacity, Capital, Collateral and Condition of Economy. However, despite implementingthe risk management strategy, banks continue to experience risks, namely in the form of: credit risk(in Islamic banks called as financing risk), operational risk and legal risk due to bank internal factorsin analyzing and external factors from customers.. PT. BPRS Artha Madani in resolving troubledfinancing with intensive billing, reprimand to customers if they do not fulfill their obligations, make arestructuring by rescheduling, reconditioning and restructuring if the financing can still be normalized.However, if there is no hope and the Customer is not able to, then the solution is guaranteed that canbe auctioned through litigation or non-litigation channels.

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