Week 7: Leveraging Users to Assess Risks
As much as we would like to be able to defend every part of our information systems environment to the utmost, at the end of the day organizations have limited resources and we need to prioritize our efforts. An important part of risk prioritization is determining the value of our various assets, so we can put a dollar figure on the threat posed by a given risk. As Whitman and Mattord discuss, we could use our sunk costs to determine the value of a given IT asset or determine the potential cost of replacement of the asset—but it is better if we can determine how much value the asset is adding for the organization and use that in our cost-benefit analysis. Unfortunately, as IT professionals we know a lot about the costs to create or maintain a given asset or system but are not well-positioned to know how useful the system is at the end of the day. However, our users are much better positioned to know the value of a given asset—and we can leverage them to get that informatio...